US is open to expanding G7, Paulson says
Submitted by Marina Dimova on Sat, 10/11/2008 - 03:40.Washington -
The United States is open to letting more countries into the select group of top world economies known as the Group of Seven (G7), Treasury Secretary Henry Paulson said Friday.
US government to take stakes in banks, Paulson says
Submitted by William Kaelin on Sat, 10/11/2008 - 03:29.Washington -
The US government plans to take ownership stakes in banks in a fresh bid to restore confidence in financial markets, Treasury Secretary Henry Paulson said Friday.
Bush's financial gurus to plea with Congress for finance rescue
Submitted by William Kaelin on Tue, 09/23/2008 - 14:05.
The government's chief financial gurus plan to tackle growing public anger over the White House's mammoth bank bailout plan before Congress on Tuesday by painting a dire picture of e

The German car market is facing its worse downturn, the nation's auto industry association warned Wednesday as the deepening sense of economic gloom in the country leads to a shakeout in the industry and the prospects of big job cuts.
A comedy starring Vince Vaughn and Reese Witherspoon as a couple trying to avoid their families at Christmas debuted in first place over the weekend at North American box offices, according to preliminary studio estimates issued Sunday.