Warren Buffett sees long, deep U.S. recession

"The United States is already in a recession and it will be longer as well as deeper than many people expect, U.S. investor Warren Buffett said in an interview published in German magazine Der Spiegel on Saturday."

George Soros, 'the man who broke the Bank of England" says: "We face the most serious recession of our lifetime"

Consumer confidence index falls to 6-year low

Conference Board's measure falls more than expected in May to level not seen since 1992 amid concerns about a weak labor market and poor business conditions.

Choosing Bankruptcy to Stay Afloat - Despite Tighter Rules, More Strapped Americans Seek Debt Relief

Choosing Bankruptcy to Stay Afloat - washingtonpost.com

Consumer confidence in France unexpectedly drops to a record low in May

Soaring fuel, gasoline and food costs soars prompts gauge of consumer sentiment to fall to the lowest since the index was introduced in 1987.

Mounting loan losses regional banks suggest the banking industry's troubles with bad loans are just beginning.

The number of miles driven by Americans fell in March at the steepest rate ever recorded.

The number of miles driven by Americans fell in March at the steepest rate ever recorded.

US and European debt markets flash new warning signals - Telegraph

US and European debt markets flash new warning signals

FT.com / Home UK / UK - House prices suffer record annual fall

House prices suffer record annual fall