Major automakers are expected to post steep declines in U.S. sales for May, as the spike in gasoline prices battered an industry already reeling from weak consumer confidence and tighter credit.
Weak U.S. sales in May would add to growing concerns that the world’s largest market for vehicles is headed for a deeper downturn this year, [...]

The most recent quarterly shortfall at the nation’s biggest bank by assets was not as massive as the nearly $10 billion loss it suffered in the fourth quarter of last year. Since many investors had been bracing for even more dismal results, Citigroup shares jumped $1.08, or 4.5 percent, to close at $25.11 Friday.But it [...]

Brazil’s main stock index rose the most in a week after Petroleo Brasileiro SA gained on speculation of an oil discovery and banks rallied on a government report that lending may reach a record this year.
Petrobras, as Brazil’s state controlled oil company is known, gained the most in almost two months after traders said it [...]

After his systems-engineer position was outsourced in late 2006, Korey Reid took his career in a new direction. He’s now a sales manager at a company that provides computer-based training — a job he got by leveraging the expertise he gained during his 15 years in technology.
As the economy slows and job losses mount, many [...]

By Maya Thatcher
LONDON, Feb 1 (Reuters) - European corporate bond issuance
suffered its slowest January in at least eight years, with
volumes muted by spread volatility, as fears of a possible U.S.
recession continued to spook markets.
The month saw just five non-financial euro corporate bonds
totalling 7.5 billion euros ($11.2 billion), more [...]

(Updates to close)
By Ellis Mnyandu
NEW YORK, March 3 (Reuters) - The Dow and S%26amp;P closed
little changed on Monday as soaring commodity prices lifted
shares of mining and energy companies, offsetting a cash
squeeze at a high-profile mortgage lender that raised fears of
more fallout from the housing slump.
The surge in [...]

(Recasts with Nasdaq’s decline, adds Apple, Qualcomm and
Google, plus Barnes %26amp; Noble shares’ fall after the bell)
By Ellis Mnyandu
NEW YORK, March 3 (Reuters) - The Dow and the S%26amp;P 500
ended little changed on Monday as soaring commodity prices
lifted Alcoa and Exxon Mobil, offsetting fears of more
fallout from [...]

By Ellis Mnyandu
NEW YORK (Reuters) - The Dow and the S%26amp;P 500 ended little changed on Monday as soaring commodity prices
lifted Alcoa and Exxon Mobil, offsetting fears of more fallout from the housing slump, while the Nasdaq fell after brokers cut their price targets on Apple.
The surge in the prices of [...]

Jan 24 (Reuters) - The following were the top stories in
The Wall Street Journal on Thursday. Reuters has not verified
these stories and does not vouch for their accuracy.
* Federal Reserve policy makers face the key issue of how
much lower they should push interest rates. Markets see a
further half-point cut. [...]

Chidambaram Asks Indian Banks to Boost Home, Consumer Loans
By Kartik Goyal
Feb. 12 (Bloomberg) — India;s Finance Minister Palaniappan
Chidambaram asked state-run banks to boost loans for the
purchase of homes and consumer goods, which he said were key to
economic growth. [...]