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Yahoo! News: Economy News
Updated : Tue, 06 Jan 2009 00:04:41 GMT

US auto sales plunge whopping 36 percent in Dec. (AP)
AP - Huge rebates and zero-percent loans couldn't overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles from 2007.

Publ.Date : Tue, 06 Jan 2009 00:04:41 GMT

Economists seek solutions, signs of life in housing (Reuters)
Reuters - Top economists at the Allied Social Sciences Association's annual meeting have been searching -- in some cases, in vain -- for signs of life in the U.S. housing market, a key element for busting the country out of a deep economic downturn.

Publ.Date : Mon, 05 Jan 2009 23:53:57 GMT

Cigna to cut 1,100 jobs, citing weak economy (Reuters)
Reuters - Health insurer Cigna Corp said on Monday it will cut 1,100 jobs, or about 4 percent of its workforce, and consolidate certain operations as it copes with the economic downturn.
Publ.Date : Mon, 05 Jan 2009 23:05:36 GMT

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