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Reuters - General Motors Corp has been telling U.S. government officials that a bankruptcy filing by the automaker would set off a chain reaction hitting hundreds of its suppliers and dealers as well as its Detroit rivals, The Wall Street Journal reported on Saturday.

Why consumers don't need boost from the TARP fund

The U.S. Consumer Product Safety commission recently announced these recalls: - Cobra Electronics of Chicago is recalling 8,000 children's two-way radios sold exclusively in Toys R Us stores. The rechargeable batteries in the radios can leak...

In this brutal season of cutbacks, the office holiday party is getting downsized, too. From american Express to MTV to the city government in Bend, Ore., employers are canceling Christmas celebrations because of the gloomy economy. At some other workplaces,...

Federal safety officials worry that the economic downturn will drive discount-seeking parents to buy used toys tainted by lead or with dangerous designs. government safety officials are particularly concerned that money-conscious parents will purchase...

Zimbabwe's central bank chief says ordinary Zimbabweans are to blame for the country's crippling inflation. reserve Bank Governor Gideon Gono is quoted in The Sunday Mail, a state-owned newspaper, as saying inflation is due to what he calls a "collective...

Belt-tightening has prompted a reconsideration of acceptable consumerism, even among the well-off.

The leaders of 20 countries agreed to work more closely, but put off thornier questions until next year, in an early challenge for the Obama administration.

Global leaders at the G20 financial summit in Washington pledge to work together to restore global growth.

THE two banking grandees attempting to scupper the takeover of HBOS by Lloyds TSB are talking to institutions about financial support for an alternative to the planned merger.