http://biz.yahoo.com/ap/090305/wall_street.html">Stocks Extend Slide After Factory Orders Report- APA government report that factory orders have fallen for a record sixth straight month is adding to the gloom on Wall Street. The Commerce Department says demand for manufactured goods fell by 1.9 percent in January. While this is better than the 3.5 percent drop economists expected, it marks the sixth consecutive month that orders have dropped. The market is also disappointed that the Chinese government will not impose new economic stimulus measures as had been expected.
- GM auditors raise the specter of Chapter 11; shares slide below $2- AP
- 12 percent are behind on mortgage or in foreclosure- AP
- GE shares bounce as analysts debate outlook- AP
- Fewer people file for unemployment benefits- AP
- Oil falls to near $44 on continuing demand worries- AP
- Retailers report sales declines in February; Wal-Mart a bright spot- AP
- European, British central banks cut half a point- AP
- http://biz.yahoo.com/ap/090305/as_china_economy.html">China says 8 percent growth possible in 2009- AP
- Searching for a Silver Lining with Schwab's Liz Ann Sonders
Bye Bye GM?
