Revealed: Hedge fund managers betting on plunge in bank shares - Business News, Business - The Independent

Revealed: Hedge fund managers betting on plunge in bank shares - Business News, Business - The Independent

Darker Days Ahead?

Robert Reich warns a recession, or worse, could be coming.

The Economy: Why It’s Worse Than You Think | Newsweek Inside Business | Newsweek.com

The Economy: Why It’s Worse Than You Think | Newsweek Inside Business | Newsweek.com

For months, economic Pollyannas have looked beyond the dismal headlines and promised a quick recovery in the second half. They're dead wrong.

George Soros: "We are at the end of a 60-year period of continuing credit expansion based on the dollar as the reserve currency."

Federal Reserve and ECB are in no mood to save us from the consequences of our debt "There is now the distinct possibility of a simultaneous sell-off in global bonds, equities and commodities," said Jonathan Wilmot from Credit Suisse.

Unemployment in biggest jump in 22 years

Unemployment in biggest jump in 22 years - Jun. 6, 2008: "Jobless spike deepens economic pain
Biggest jump in unemployment rate since 1986 - combined with energy and housing woes - stokes fears about recession."

Unemployment rate suffers biggest one month increase in 22 years

Employers worried about a sharp slowdown drive the unemployment rate to 5.5%

Banks' credit crisis solutions have echoes of 1929 Depression - Telegraph

Banks' credit crisis solutions have echoes of 1929 Depression - Telegraph