Video: 07/08 Credit Card Deliquencies at Record High

07/08/09 Consumers fall behind on credit card payments at a record pace as the recession and unemployment hit hard.

Watch now:

Watch more from the markets now:

Bookmark Market News Live and drop back whenever you need to stay ahead of today's markets.

Video: Downturn could 'harm' environment

Russian scientist and winner of the Goldman Environmental Prize, Olga Speranskaya, says world economic downturn is likely to hurt the global campaign to save the environment.

Watch now:

Watch more from the markets now:

Bookmark Market News Live and drop back whenever you need to stay ahead of today's markets.

Video: Companies Freeze Salaries to Save Money

01/26/09 Faced with a hard recession more companies are instituting pay freezes in order to cut costs.

Watch now:

Watch more from the markets now:

Bookmark Market News Live and drop back whenever you need to stay ahead of today's markets.

Video - Business Update: Stocks at 2-month low

Wall Street joined a global sell-off after results from a major U.S. financial company added to worries big losses in the industry could worsen the recesssion. Blue chips dropped 4 percent, a 332-point decline, to 7,949. The S&P 500 tumbled roughly 5.3 percent, or 44 points, to 805. The Nasdaq gave up 5.8 percent, a loss of 88 points, to 1,440.

Watch now:

Watch more from the markets now:

Bookmark Market News Live and drop back whenever you need to stay ahead of today's markets.

Video: Downturn swift-Intel CFO

Global chip sales fell precipitously in the fourth quarter, Intel Chief Financial Officer Stacy Smith told Reuters Television.

Watch now:

Watch more from the markets now:

Bookmark Market News Live and drop back whenever you need to stay ahead of today's markets.

Video: Consumer wallets slam shut

Retail sales fell sharply in December as consumers stayed home, pushing sales lower by 2.7 percent. The American consumer was on vacation this past holiday season. Retail sales plunged far more than expected, and the outlook is grim. Bobbi Rebell reports.

Watch now:

Watch more from the markets now:

Bookmark Market News Live and drop back whenever you need to stay ahead of today's markets.

Video: Bankruptcy Soars in 2008

01/14/09 Amid the ongoing financial turmoil a growing number of companies filed for bankruptcy in 2008.

Watch now:

Watch more from the markets now:

Bookmark Market News Live and drop back whenever you need to stay ahead of today's markets.

Video: Market Lacks Direction

01/13/09 Markets lack a clear trend as a drop in Alcoa shares is offset by gains in the energy and financial sectors.

Watch now:

Watch more from the markets now:

Bookmark Market News Live and drop back whenever you need to stay ahead of today's markets.

Video - Bernanke: More govt action needed

Federal Reserve Chairman Ben Bernanke said that fiscal stimulus alone may not be enough to alleviate a worsening economy. Bernanke said a U.S. stimulus could give a significant boost, but that the government could consider additional capital injections. Meanwhile, the U.S. trade gap shrank to $40.4 billion, marking the biggest contraction in twelve years. Diane King reports from New York.

Watch now:

Watch more from the markets now:

Bookmark Market News Live and drop back whenever you need to stay ahead of today's markets.

Video: Subdued mood at CES

Technology takes center stage the the Consumer Electronics Show in Las Vegas despite a gloomy economy. Manufacturers went smaller, not just in their presentation but also in their product. Gone were the 150-inch TVs and instead, smaller and sleeker took center stage. Samsung grabbed notice with its one-inch thick TVs that use light-emitting-diodes (LEDs) rather than lamps as their primary light source. It's been estimated that such screens use 40 percent less power than traditional LCDs . . . not to mention saving a whole lot of space in the living room. Lindsay Claiborne reports.

Watch now:

Watch more from the markets now:

Bookmark Market News Live and drop back whenever you need to stay ahead of today's markets.

Video: Out of work? Try these professions

There's a bit of encouraging news for the millions of Americans out of work and searching. The AP found several fields proving resilient in the down economy.

Watch now:

Watch more from the markets now:

Bookmark Market News Live and drop back whenever you need to stay ahead of today's markets.

Video: Jobs Numbers Not Surprising

01/09/09 The reaction to the employment data was already built into the markets, says James McGuire Jr., of Christopher J. Forbes. One of the reasons why you're not seeing a major sell-off.

Watch now:

Watch more from the markets now:

Bookmark Market News Live and drop back whenever you need to stay ahead of today's markets.

Video: Gadget show goes on despite economic downturn

AP Correspondent Haven Daley previews the 2009 Consumer Electronics Show in Las Vegas. Despite the slumping economy, tech companies are hoping gadget geeks will be unable to resist their innovative products.

Watch now:

Watch more from the markets now:

Bookmark Market News Live and drop back whenever you need to stay ahead of today's markets.

Video: Boeing Deliveries and Orders Fall

01/09/09 Economic downturn hit Boeing as fewer airliners put in orders in 2008.

Watch now:

Watch more from the markets now:

Bookmark Market News Live and drop back whenever you need to stay ahead of today's markets.

Video: TGI 2009

01/02/09 Sam Stovall, Chief Investment Strategist at Standard and Poor's, discusses the tumultuous year of 2008 and looks toward 2009.

Watch now:

Watch more from the markets now:

Bookmark Market News Live and drop back whenever you need to stay ahead of today's markets.

Video: Asian Growth Can't Save Companies

Despite economic growht in Asia and China companies that invested heavily in the region find it is not offsetting weak sales in North America and Europe.

Watch now:

Watch more from the markets now:

Bookmark Market News Live and drop back whenever you need to stay ahead of today's markets.

Video: Champagne Producers Aim to Keep Fizz

Despite a strong euro and global economic downturn, producers and Champagne experts believe the luxury beverage will keep its fizz. Though exports are down almost five percent this year, experts say this loss is being made up with a growth in non-traditional markets.

Watch now:

Watch more from the markets now:

Bookmark Market News Live and drop back whenever you need to stay ahead of today's markets.

Video: Economy Shrinks in 3rd Quarter

The US economy shrank by 0.5 percent in the third quarter. The Commerce Department said the decline was the steepest since 2001.

Watch now:

Watch more from the markets now:

Bookmark Market News Live and drop back whenever you need to stay ahead of today's markets.