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U.S. retailers face a wave of store closings, bankruptcies and takeovers starting next month as holiday sales are shaping up to be the worst in 40 years. ...more
December 30, 2008
As the longest recession in a quarter century intensifies, analysts think the small decline in economic activity in the third quarter has worsened significantly in the current fourth quarter. ...more
December 24, 2008
For the past two decades, the nation could count on one thing to keep it going when economic times got tough: Consumers kept spending. ...more
October 4, 2008
Battered by a slumping North American auto market and unfavorable currency swings, Toyota is forecasting a double barrel of bad news this fiscal year: its first year-on-year sales slide in nine years and first profit slip in seven years. ...more
May 9, 2008
More than a year ago, the chief executive of luxury-home builder Toll Bros. Inc. thought the housing slump could be touching close to bottom. ...more
February 7, 2008
The widening gap between crude oil and the relatively low price of gasoline is signaling the first quarterly decline in oil prices in a year. ...more
October 9, 2007
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