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Today on Reuters 

President-elect Barack Obama speaks to the media following a meeting with members of his future cabinet and his economic advisors at his transition office in Washington January 6, 2009. REUTERS/Jason Reed

Bold action needed 11:55am ET

Barack Obama warned of a lengthy recession without decisive action, proposing a $1,000 tax cut for working families and improving energy efficiency in millions of homes.  Full Article | Video 

Scenarios: What's at stake with deficit
Global economic woes deepen
Factbox: Business tax cuts sought
Factbox: Report shows poor hit hard
President-elect Barack Obama speaks to the media following a meeting with members of his future cabinet and his economic advisors at his transition office in Washington January 6, 2009. REUTERS/Jason Reed

Bold action needed 11:55am ET

Barack Obama warned of a lengthy recession without decisive action, proposing a $1,000 tax cut for working families and improving energy efficiency in millions of homes.  Full Article | Video 

Scenarios: What's at stake with deficit
Global economic woes deepen
Factbox: Business tax cuts sought
Factbox: Report shows poor hit hard
A customer shops at a Wal-Mart Supercenter in Rogers, Arkansas June 5, 2008. REUTERS/Jessica Rinaldi

Wal-Mart disappoints 9:20am ET

Shares of Wal-Mart fell 7 percent in premarket trading after the company reported disappointing December sales and lowered its quarterly forecast, despite being the preferred recession shopping destination.  Full Article | Full Coverage 

Morning Call: Losses at the open
Sears same-store sales fall
Costco's sales drop 4 percent

Consumer Electronics Show

Sony Corporation Chairman and Chief Executive Officer Howard Stringer attends the Global Management Forum in Tokyo October 27, 2008. REUTERS/Yuriko Nakao
Live from CES

Follow live headlines of Sony CEO Howard Stringer's speech at the Consumer Electronics Show in Las Vegas at 12:00 p.m. ET.  Full Coverage 

investing

An NYSE is seen over the trading floor of the New York Stock Exchange, October 3, 2008. REUTERS/Brendan McDermid
HSBC's best bets in 2009

HSBC says U.S. stocks are the best bets in 2009 due to the healthy profits some U.S. firms had made over the past two years, though a big sell-off was possible through March.  Full Article 

John Kemp
Protectionism risks rise in 2009-2010
John Kemp

Will countries respond to the worldwide slump in demand by resorting to protectionist measures in a mutually self-defeating attempt to reserve what remains of shrinking demand for domestic industries?  Commentary 

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Commodities

Commodity Last Pct Chg Trade Date/Time
Oil 47.57 -2.31% 08 Jan 2009 12:20 EST
Gold 856.2 +1.80% 08 Jan 2009 12:30 EST
Blogs: Environment
Topics: AIDS, Post-Traumatic Stress Disorder
Blogs: Soccer
Gasoline prices are advertised at a gas station near Lindbergh Field as a plane approaches to land in San Diego, California June 1, 2008.
Year in Review 2008

Our picks and yours of the top stories, pictures and videos of the year.  Full Coverage | Slideshow 

Two Sansa slotMusic Players are seen against a background of music available for the player at the SanDisk booth at the annual Consumer Electronics Show (CES) in Las Vegas, Nevada January 7, 2009. REUTERS/Rick Wilking
CES 2009

Get live updates on new gadgets and insights on technology trends for 2009 from the Consumer Electronics Show in Las Vegas.  Full Coverage 

Bernd Debusmann
Pakistan, Mexico and U.S. nightmares

What do Pakistan and Mexico have in common? They figure in the worries of U.S. military planners trying to identify the next big threats, writes columnist Bernd Debusmann.  Commentary 

Pictures

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Season of ice and snow
10:21am EST 
Everyday scenes are painted white, as winter weather brings a blanket of snow and ice formations.
More Pictures...

Video

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Ghana swears in new plmresident

Jan 8 - Ghana has sworn in opposition leader John Atta Mills as President in a democratic transfer of power that won plaudits from around the world.  Play Video

 
West Bank: suicide bomb suspect shot
Lebanon condemns rocket attack
More Video...

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