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• Volcker warns of ‘considerable’ U.S. recession
SINGAPORE - Former U.S. Federal Reserve Chairman Paul Volcker said Tuesday the U.S. and Europe face a "considerable recession" as a global financial crisis begins to hurt consumer demand and industrial production. "I've seen a lot of crisis, but I've ...
• PepsiCo to cut 3,300 jobs on lower earnings
PepsiCo to cut 3,300 jobs on lower earnings Consumer products company reports a 9.5 percent decline in profit ... PURCHASE, N.Y. - PepsiCo Inc. says it plans to eliminate 3,300 positions globally, as it reports a 9.5 percent drop in ...
• Wall Street loses ground on profit-taking
The London interbank offered rate, or Libor, for three-month dollar loans fell to 4.64 percent from 4.75 percent, after a 0.07 percentage point dip on Monday. Libor is important because many consumer loans, including about half of all adjustable-rate ...
• Consumer borrowing hits a 10-year low
WASHINGTON - Government data show consumer borrowing in the U.S. fell in August for the first time in more than a decade as households, battered by rising job layoffs and the worsening economy, cut back sharply on their use of credit. The Federal ...
• America’s most reliable airlines
We collected five years' worth of data relating to on-time arrival, cancellations, complaints and mishandled baggage from the Aviation Consumer Protection Division of the Department of Transportation. Delays and cancellations, the factors most likely ...