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.

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Affiliate Income Mastery, Money & Employment

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China shares gain, led by power companies, banks - Columbia Missourian

Chinese shares rebounded Friday as investors hunted bargains and power companies rose after a government capital injection into one electricity supplier. The benchmark Shanghai Composite Index rose 1.4 percent, or 26.68 points, to close at 1904.86 ...
Many take wait-and-see view of real estate market for 2009 - Charleston Regional Business Journal

A slim majority of Daily Journal readers said they don’t expect the Lowcountry’s real estate market to make a comeback in 2009. But comments showed that sentiment could change — up or down — depending on what happens early in the year. Of the ...
Get ready for more pain ahead - CNN Money

CNN's Christine Romans and Fortune Managing Editor Andy Serwer dig into what could be one of the biggest financial scandals of all time. NEW YORK (CNNMoney.com) -- There is no longer any doubt about the biggest problem facing the economy: the job ...

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UK economy 'now at 28-year low'