Chrysler Exec: Failure Could Spark Depression

A top Chrysler executive warned Wednesday that a carmaker collapse could send the economy spiraling into a depression, while the United Auto Workers agreed to new concessions for their companies.

AP Top Stories 12.02.08

Arrest in the murders of Hudson's relatives; Burress posts $100-thousand bail; Clinton nominated for Obama's Secretary of State; Largest solar panel installation in California.

Dec. 2: Wall Street Advances 270

Buyers have returned to Wall Street, sending stocks higher in a session that was marked by indecision over the fate of the auto industry.

Holiday Shopping Season Off to a Modest Start

The Thanksgiving shopping weekend doesn't appear to have been the disaster some had feared. Retailers took in an estimated $10.6 billion on Black Friday and turn their hopes to "Cyber Monday."

Your Money: Shopping for Deals Online

Several websites are available to help consumers seek out the best deals. AP Personal Finance Editor Trevor Delaney highlights some of the more popular Web sites.

Paulson: Other Rescue Programs Being Examined

Treasury Secretary Henry Paulson said Monday that the administration is looking for more ways to tap a $700 billion financial rescue program and will consult with Congress and the incoming Obama administration.

Money Minute: Recession, Paulson, Oil

t's official. The United States is in recession. That's according to the National Bureau of Economic Research. The AP's Mark Hamrick reports.