Today on Reuters (1/5)
Deflation creeps up on Japan
Analysis: Japan is bracing for another spell of deflation next year, but chances are price declines will be less protracted and damaging than the last, decade-long run. Full Article
Obama cabinet taking shape
Sen. Hillary Clinton is on track to be named secretary of state and retired Gen. James Jones emerges as a top contender for White House national security adviser. Full Article
Auto bailout ultimatum
Democrats seeking to salvage a bailout of the Big Three automakers, are demanding executives provide a business survival plan in exchange for their support of up to $25 billion. Full Article | Full Coverage
No growth until late '09
The economy will not grow until the third quarter of 2009 and is currently shrinking much more sharply than previously expected as the recession tightens its grip, a Reuters poll shows. Full Article | Full Coverage
Oil hovers around $50
Oil rebounds from a three-and-half- year low, buoyed by rallies in global equities on talk that China may cut interest rates. Full Article
warren buffett
Losing his touch?
Investors are bailing out of Berkshire Hathaway stock and have lost some confidence that the insurance and investment company, run by one of the world's most admired investors since 1965, can pay its debts. Full Article
The Great Debate (1/4)
Biofuels run into trouble
Despite a promising start, the U.S. experiment with renewable fuels is facing serious challenges next year, intensifying existing pressures on ethanol distillers and farmers, writes John Kemp. Commentary
Don’t junk the auto industry
The auto industry is everyone’s favorite whipping boy, and its problems have been growing for decades, but we cannot blithely accept its failure as somehow inevitable or deserved, writes Eugene Ludwig. Commentary
Petrodollar drought blow to banks
Banks in Europe and Britain, and their unfortunate would-be borrowers, face another blow as plunging oil prices tighten the spigot of petrodollar deposits, writes James Saft. Commentary
Green New Deal unlikely
A growing chorus is calling for massive public investment in green energy to revive economic growth while fighting climate change. But it may not happen fast enough, writes Paul Taylor. Commentary
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Crisis in Credit
Follow the financial crisis using our interactive video timeline. Track the global impact on our interactive map. Full Coverage
A million years of nuclear planning
Columnist Bernd Debusmann asks if the EPA is engaging in scientific fantasy by setting impossible hurdles over nuclear waste. Commentary
Consumer Credit
The mortgage-inspired crisis infecting markets may be followed by even bigger problems borne out of growing credit card debt. Take a closer look. Full Coverage
Displaced in the Congo
The faces of those affected by recent violence in Democratic Republic of Congo, which has forced thousands to flee their homes.Paulson on defense
Nov. 20 - Treasury Secretary Paulson defended his response to the financial crisis and said the government had all the necessary tools to prevent a collapse Play Video
