MADRID, Spain - Spain said Monday its inflation rate for 2008 was 1.5 percent, the lowest rate in a decade. The National Statistics Institute said the year-on-year rate fell 0.9 percentage points in December, the fifth consecutive monthly drop. [read more]

MANILA, Philippines - The country's annual inflation rate eased further to 8% in December, the lowest since April last year, as food and energy prices continued to drop. [read more]

MANILA, Philippines – (UPDATE 2) Annual inflation in the Philippines fell to its lowest in nine months in December, tracking similar declines in the region, and the central bank said it will consider further rate cuts as oil prices continued to slide. [read more]

Jan. 6 (Bloomberg) -- Federal Reserve officials are focused on driving down the spreads between U.S. Treasury yields and consumer and corporate loans, after cutting the main interest rate to almost zero failed to revive lending. [read more]

Jan. 6 (Bloomberg) -- CRH Plc , the world’s second-biggest maker and distributor of building materials, said second-half profit fell by a “high-teen” percentage after a construction slump spread to European markets. [read more]

Jan. 6 (Bloomberg) -- Chile’s monthly inflation rate fell to the lowest in at least 20 years in December, increasing the scope for the central bank to cut interest rates this week. [read more]

Jan. 6 (Bloomberg) -- Europe’s inflation rate fell to the lowest in more than two years in December as oil prices plunged and consumer spending slumped, increasing the scope for the European Central Bank to reduce borrowing costs further. [read more]

Jan. 6 (Bloomberg) -- The pound rose against the euro for a second day, trading close to 91 pence for the first time in almost three weeks, on speculation interest-rate cuts will revive the economy faster than in the common-currency region. [read more]

The country’s inflation rate continued to decelerate to 8 percent in December from 9.9 percent in November as food and fuel prices slowed down. [read more]

We are still focussing on cutting down that credit debt, why not renegotiate your rate? [read more]

Jan. 6 (Bloomberg) -- Federal Reserve officials are focused on driving down the spreads between U.S. Treasury yields and consumer and corporate loans, after cutting the main interest rate to almost zero failed to revive lending. [read more]

Federal Reserve officials are focused on driving down the spreads between US treasury yields and consumer and corporate loans, after the main interest rate cut to almost zero failed to revive lending. [read more]

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. [read more]

DETROIT #8212; 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. [read more]

By JEANNINE AVERSA Even as Federal Reserve officials slashed their key interest rate to a record low and pledged to use other unconventional tools to fight the worst financial crisis since the 1930s, they still feared the economy would be stuck in a painful rut for some time. Documents released Tuesday provided insights into the Fed's historic decision to ratchet down its rate to near zero from ... [read more]

Detroit 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. [read more]

Chrysler's US sales plummeted appallingly in December and helped drag 2008 sales down to a record low. [read more]

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.  [read more]

Huge rebates and zero-percent loans couldn't overcome economic uncertainty as U.S. auto sales fell 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles from 2007. [read more]

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... [read more]