Crude oil's slide on fears of a global slowdown is unrelated to the price of coal, as supply/demand fundamentals are strong and prices have remained elevated. We talk ACI and BTU.

T-Mobile's new G1 may well be the top tech gadget of 2008

The Swiss government will inject $5.3 billion of capital into UBS for a 9% stake, as the central bank announced plans to shift $60 billion of toxic assets off the bank's balance sheet. Credit Suisse plans to raise about $8.83 billion.

ZURICH (Reuters) - Switzerland's two largest banks will receive billions of francs of emergency funding from the country's government and other investors to shore them up against the financial crisis, they said on Thursday.

HONG KONG (Reuters) - Japan said Washington may need to pump more cash into its banks to restore investors' confidence as fears of looming recession sent share markets into a tailspin after U.S. Fed Chairman Ben Bernanke warned of tough times ahead.

The U.S. economy is contracting, the Federal Reserve said Wednesday, with Chairman Ben Bernanke adding that no recovery is on the immediate...

Economic Data Signal Recession

Cheney treated for heart condition

Google is set to report third-quarter earnings after the market closes Thursday, and investors aren't exactly placing bets on a big blowout. Despite a huge jump in September Internet searches related to the election and the widening credit crisis, the boost in traffic may not necessarily mean it's all good for Google.

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