Spread good cheer throughout the land with a stack of four individual gifts. We’ve packed each with a special treat that is sure to bring happiness and joy. Includes - 4 Pears, 2 Fuji Apples, 6 oz. …
Reuters - World stocks dropped to 5-1/2 year lows and oil hit 22-month troughs as investors reacted to dire Federal Reserve warnings on the economy and fears about the viability of major U.S. auto makers and bank giant Citigroup.
Reuters - Global economic misery spread on Thursday with the Federal Reserve predicting U.S. recession well into 2009, Japan's exports to Asia falling for the first time in six years and another sharp sell-off on global equity markets.
Reuters - Chances dimmed that a last-minute plan being crafted by Republican senators, with White House support, to provide $25 billion to bail out U.S. automakers would receive enough backing from Democrats to pass before the end of this week.
Reuters - The U.S. financial system still needs at least $1 trillion to $1.2 trillion of tangible common equity to restore confidence and improve liquidity in the credit markets, Friedman Billings Ramsey analyst Paul Miller said.
Reuters - Citigroup is scrambling to slash costs in the face of collapsing investor confidence, but the embattled bank is unlikely to retreat from Asia, its strongest performing region.
Reuters - Stocks plunged to their lowest in five-and-a-half years on Wednesday as investors girded for a lengthy economic downturn and automotive executives predicted a far-reaching calamity without a government lifeline.
Reuters - The shares of big U.S. homebuilders and real estate companies alike slumped on Wednesday as housing starts fell to a record low and concerns spread the commercial real estate market is going the way of residential.
AP - The economy hung like a cloud over the 59th annual National Book Awards. Barack Obama was the silver lining.
AP - Paris Hilton and her boyfriend of nine months, Benji Madden, have broken up.
E! Online - It was down to Analeigh Tipton, McKey Sullivan and Samantha Potter—all lovely, leggy and hungry (to win!), but only one could be crowned America's Next Top Model.
E! Online - Lifetime isn't going to just sit and watch Project Runway pass it by.
E! Online - Miley Cyrus and Urkel have something in common. They're both not dead.
Reuters - Columbia is bringing the story of Eugene Allen, a black man who served as a White House butler for 34 years, to the big screen.
Reuters - A 1977 concert filmed for the Who documentary "The Kids Are Alright" has long been considered a holy grail by rock fans. But frontman Roger Daltrey remembers it as taking place on "kind of a weird day."
AP - The economy hung like a cloud over the 59th annual National Book Awards. Barack Obama was the silver lining.
Reuters - Top fashion designer Marc Jacobs' company agreed to pay New York state $1 million for improper payments made to secure a venue to hold fashion shows, the New York attorney general's office said on Wednesday.
AP - The economy hung like a cloud over the 59th annual National Book Awards. Barack Obama was the silver lining.