• 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.

• Business Update: Jobs data weighs

  Jan. 9 - As the economic recession deepens, the unemployment rate surged to the highest level in 16 years pushing investors to the sidelines.

  
  
  

“Human history becomes more and more a race between education and catastrophe.” - H. G. Wells (1866 - 1946)

“Is there any man, is there any woman, let me say any child here that does not know that the seed of war in the modern world is industrial and commercial rivalry?” - US President Woodrow Wilson