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  1. Report: Goldman Sachs considering online bank

    The Earth Times Online Newspaper - Dec 3, 2008

    New York - New York-based bank Goldman Sachs is considering launching an online bank, The Wall Street Journal reported Wednesday. The name of the bank and the details of the plans are still unknown, sources told the

  2. Obama warns states of 'hard choices' ahead in economic crisis

    The Earth Times Online Newspaper - Dec 2, 2008

    Washington - US president-elect Barack Obama warned Tuesday that the country faced hard choices in an economic recession but promised aid to the more than four-fifths of US states facing possible cash shortfalls. Obama

  3. Tech toys dominate in early holiday shopping

    The Earth Times Online Newspaper - Business News - Dec 2, 2008

    San Francisco - With the US in a severe economic recession the relative value offered by high tech toys is proving popular with US holiday shoppers, according to data released Monday. Preliminary estimates for retail

  4. US markets plunge after week of gains

    The Earth Times Online Newspaper - Business News - Dec 2, 2008

    New York - US stocks plunged by the most in more than a month Monday, erasing about half of last week's rally amid fears of a widening economic slowdown. Industry figures showed that the US manufacturing sector fell to

  5. CNN pitches newspaper wire to US editors - Summary

    The Earth Times Online Newspaper - Business News - Dec 2, 2008

    Los Angeles - Coming off an election season that was a financial and ratings success, cable news pioneer CNN convened a meeting of top newspaper editors Monday to outline plans for a news wire to serve US newspapers

  6. US in year-long recession, top economic arbiter declares - Update

    The Earth Times Online Newspaper - Dec 2, 2008

    Washington - The United States has been in a recession since December 2007, the country's official arbiter of economic growth said Monday, confirming the long-held views of many economists as the country grapples with

  7. US in year-long recession, top economic arbiter declares - Summary

    The Earth Times Online Newspaper - Dec 2, 2008

    Washington - The United States has been in a recession since December 2007, the country's official arbiter of economic growth said Monday, confirming the long-held views of many economists as the country grapples with

  8. United States in year-long recession, top economic arbiter declares

    The Earth Times Online Newspaper - Business News - Dec 2, 2008

    Washington - The United States has been in an economic recession since December 2007, the country's official arbiter of economic growth said Monday. The announcement by the National Bureau of Economic Research, a

  9. Black Friday shoppers hunt for bargains amid economic downturn

    The Earth Times Online Newspaper - Nov 28, 2008

    Los Angeles - Bargain-hunting shoppers crowded malls, superstores and high streets across the US on Friday as retailers sought to entice recession-hit holiday buyers with steep discounts. The day after the Thanksgiving

  10. Profit at Tiffany's: Earnings plunge amid finance turmoil

    The Earth Times Online Newspaper - Nov 26, 2008

    New York - Luxury goods concern Tiffany said Wednesday that the financial crisis had badly hurt company outlook, with the company now reducing payrolls and shelving new store openings. In the third quarter which ended

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