• UK economy 'now at 28-year low'

  The UK economy likely declined 1.5% in the last three months of 2008, its worst performance in 28 years, a study reports.

• US job losses hit record in 2008

  More US workers lost jobs in 2008 than in any year since World War II, with employers axing 2.6 million posts.

• Iceland buys 51 Woolworths stores

  Frozen food retailer Iceland buys 51 former Woolworths stores, and says it plans to create 2,500 new jobs.

• View Waterfront Deals by Boat

  Florida company offers boat tours of foreclosed homes.

• 2.6 Million Jobs Lost In 2008

  ABC's Tanya Rivero and Dan Arnall on the dismal job numbers from 2008.

• Unemployment and stimulus

  December's unemployment numbers and their impact on President-Elect Obama's stimulus plan.

  
  
  

“Power is actualized only where word and deed have not parted company, where words are not empty and deeds not brutal, where words are not used to veil intentions but to disclose realities, and deeds are not used to violate and destroy but to establish relations and create new realities.” - Hannah Arendt

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