Jobless claims hit 25-year high, imports plunge

Jobless claims hit 25-year high, imports plunge Doug Palmer WASHINGTON (Reuters) - The number of U.S. workers drawing jobless benefits hit a 25-year...

Stocks plunge anew as recession worries resurface

"Wall Street falls sharply as investors, worrying about recess, ponder Obama impact on economy NEW YORK (AP) -- A case of postelection nerves sent Wall Street plunging Wednesday as investors, looking past Barack Obama's presidential victory, returned to their fears of a deep...

Study: U.S. suicides rising; risk high in middle age

Another sad statistic of the Bush administration will be the rise in suicides due to unemployment and foreclosures. During the depression of 1929 the suicide rate spiked and many Wall Street investors and brokers jumped from high rise buildings after the stock market crash....

Asian stock markets rally on new bail out hopes

The Stock market in Asia are rallying with fresh hopes of new bail out packages. The gains in the region picked up due to the government pledges worldwide to bail out their financial sector, along with efforts to inject liquidity. New measures are expected to fend off the...

UK inflation reaches 5.2% in September

Rampant inflation in the UK reached an astounding 5.2 percent in September, figures released today reveal. That's the highest level since the currency crisis of 1992."The Consumer Price Index, the inflation measure most closely watched by policy makers, rose more than...

At Least Five Million in UK Suffer 'fuel poverty'

A British energy watchdog has released a new report showing that at least 5 million homes in the UK are living in fuel poverty - that is they spend more than 10% of their income on fuel. This number is up a full million from last year's numbers. At least 2.75 million of those...