Nov. 21 (Bloomberg) -- Colombia's central bank may keep its benchmark rate unchanged for a fourth month as concerns about inflation outweigh pressure from some board members to reduce borrowing costs amid a global credit crunch.

(By Vikas Bajaj, New York Times) After gyrating wildly for weeks, the stock market lurched lower Wednesday as concern spread that the economy might be beset by a chronic and debilitating decline in prices. The Dow Jones industrial average closed below 8,000 for the first time since early 2003 after new reports painted a grim picture of the economy and raised the specter of deflation, which would ...

U.S. markets tumble ... Luxury jets flew pleading execs to Capitol ... Massachusetts tops state economic ranking ... Sun-Times Media to return to private hands ... News from United Press International.

Costa Pedasi, a new luxury gated beachfront community on the Azueros Peninsula, Panama, offers a unique investment opportunity and safe haven from the world's turbulent times. Costa Pedasí is a luxury beachfront gated community developed now in Panama consisting of private villas enjoying stunning ocean views.

After gyrating wildly for weeks, the stock market lurched lower on Wednesday, falling to its lowest point in nearly six years, as concern spread that the economy might be facing a chronic and debilitating decline in prices, The New York Times’s Vikas Bajaj reported.

Nov. 21 (Bloomberg) -- Former Federal Reserve Chairman Paul Volcker , an economic adviser to President-elect Barack Obama , told Major League Baseball owners that it will take longer than many people expect to repair the U.S. economy.

The Dow fell below 8,000 as concern spread that the economy might be facing a chronic and debilitating decline in prices.

U.S. markets tumbleNEW YORK, Nov. 19 (UPI) -- U.S. stock indexes tumbled Wednesday as the U.S. Department of Labor said the consumer price index fell 1 percent in October.The largest drop in the inflation rate in 61 years indicated the U.S. economy had slowed dramatically. Housing starts were also down, off 4.5 percent in October compared with September.Among active stocks, Citigroup Inc. shares ...

I don’t know why the letter from Chancellor Mark S. Wrighton about the impact of the economic crisis on Washington University makes me so angry, but it does.

UGANDANS should tighten their purse strings to cushion themselves against the impact of the global financial crisis that has fuelled volatility of the shilling against the dollar, experts have advised.