LONDON (AP) -- World stock markets plunged Friday as the U.S. Senate's rejection of a $14 billion deal to rescue Detroit's ailing automakers stoked concerns that the recession in the world's largest economy will be even longer and deeper than projected...   RSS feeds and News widgets on Feedzilla.com

Washington » U.S. households, hit by declining home values and stock market losses, have cut back on their debt levels for the first time on record as loans remain scarce amid what appears to be a deepening recession.   RSS news feeds and Widgets on Feedzilla.com

A Wall Street advisor and former chairman of the Nasdaq stock market was arrested Thursday for fraud after allegedly admitting to running a ''giant'' pyramid scheme, prosecutors announced.   RSS feeds and News widgets on Feedzilla.com

Business News: Deal approved by shareholders Tuesday -- Taewon Entertainment, one of Korea's leading movie production and distribution companies, will return to the stock market having been taken over by Eins Intl., a listed beauty products company.   News widgets and RSS feeds on Feedzilla.com

NEW YORK (AP) -- A former Nasdaq stock market chairman was arrested on a securities fraud charge Thursday, accused of running a phony investment business that amounted to what prosecutors called a ''giant Ponzi scheme.''...   RSS news feeds and Widgets on Feedzilla.com

Responding to the financial market downturn, the Bush administration and lawmakers are working to ease rules for seniors who are required to take distributions from their battered retirement accounts.   RSS feeds and News widgets on Feedzilla.com

Where's the bottom? It's the question every investor is asking. We wish we could tell you when the stock market will reach that point - we really do. But we have no idea. Nobody does. This much, however, we can say: Don't wait for that perfect moment when ...   RSS feeds and News widgets on Feedzilla.com

NEW YORK (AP) -- A former Nasdaq stock market chairman was arrested on a securities fraud charge Thursday, accused of running a phony investment business that lost at least $50 billion and that he called a ''giant Ponzi scheme,'' prosecutors said....   RSS feeds and News widgets on Feedzilla.com