A housing collapse paralyzed key segments of the economy and triggered a spike in bank failures. Nearly 9 million U.S. jobs were being lost, and consumer bankruptcies surged.
The Nasdaq, which peaked 14 years ago, could revisit its old high sooner than many investors think. Article; Comments. Email; Print; Reprints.
BEIJING (Reuters) - China will toughen its environmental protection laws to target polluters, according to a high-level policy report released on Sunday, paving the way for possibly unlimited penalties for polluting and the suspension or shutdown of polluters.
By Ulf Laessing and Feras Bosalum. TRIPOLI (Reuters) - Libya threatened on Saturday to bomb a North Korean-flagged tanker if it tried to ship oil from a rebel-controlled port, in a major escalation of a standoff over the country's petroleum wealth.
BEIJING�China posted lower inflation in February, providing good news for consumers but suggesting the economy is losing steam and prompting some analysts to call for government support with stepped-up spending and monetary easing.