Cut or no cut, the demand outlook for oil is souring.

Economists give birth to a 1-year- old downturn. So when do things get better?

Financial shares tumble again as quarterly results approach.

Troubled insurer sells unit to Abu Dhabi investment company for $254M.

Cantor Fitzgerald CEO Howard Lutnick has emerged as one of the few winners in the global financial crisis. He tells Steve how he did it.

Facebook comes up with a new feature it hopes will answer the myriad questions raised about identity and your data on the "open Web." On the CNET News Daily Debrief, Charles Cooper and Caroline McCarthy get into the fine print.

Facebook comes up with a new feature it hopes will answer the myriad questions raised about identity and your data on the "open Web." On the CNET News Daily Debrief, Charles Cooper and Caroline McCarthy get into the fine print.

Good OS announces Cloud OS for Netbooks.

With the economy in continuing decline, keeping track of your money is more important than ever. These financial apps for Google Android help count every penny.

It's like the iPod of blogging: Super-easy to use and very good-looking, but limited.

With the official announcement of a recession, the Dow Jones plummets nearly 700 points. Tech stocks Dell and Qualcomm, meanwhile, take a double-digit hit.

With the official announcement of a recession, the Dow Jones plummets nearly 700 points. Tech stocks Dell and Qualcomm, meanwhile, take a double-digit hit.

Second-quarter revenue will be far lower than analysts had expected as sales of Treos continue to dwindle without Palm's next-generation operating system.

The Gossip Girls
Nicole Kidman Premieres “Australia” in Paris
The Gossip Girls - 57 minutes ago
Bringing her epic film to the City of Lights, Nicole Kidman premiered “Australia” in Paris, France on Monday evening (December 1).
'Australia' entertains, doesn’t reach epic heights Kaleidoscope Online
Hugh Jackman is 'Australia's' strong yet sensitive guy Los Angeles Times
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Canoe.ca
Burress Arraigned on Gun Charges
New York Times - 1 hour ago
By JULIET MACUR and COLIN MOYNIHAN Giants receiver Plaxico Burress was arraigned Monday in a Manhattan criminal court, charged with two separate counts of criminal possession of a handgun in the second degree after accidentally shooting himself in the ...
NY's mayor wants 3 1/2-year sentence for Plaxico USA Today
Answering the key questions in the Plaxico Burress case SI.com
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Speaking at a Reuters event, the CEO of the News Corp.-owned social network said that he expects MySpace to continue to grow--just not as much.

Penn: What's right for "Milk"
West County Journal - 1 hour ago
By Matthew DeKinder I'm not much of a Sean Penn fan. I find his work offers more pretention than insight and is about as subtle as a two-by-four to the side of the head.
Sean Penn offers warm "Milk" to movie fans Reuters
'Milk' draws big bo despite limited release Hollywood Reporter
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S&P and Nasdaq end down 9% and the Dow closes down 7.7%, as Bernanke and Paulson offer investors little solace.

Reuters
FBI arrests Birmingham, Alabama, mayor
CNN - 1 hour ago
(CNN) -- The FBI on Monday arrested the mayor of Birmingham, Alabama, on federal charges including conspiracy, bribery, fraud, money laundering and filing false income tax returns.
Experts: Langford's indictment will hurt economic development Bizjournals.com
Alabama mayor arrested on corruption charges Reuters
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BBC News
In Wake of Attacks, India-Pakistan Tensions Grow
New York Times - 1 hour ago
A bullet hole was visible on Monday in the window of a pizza restaurant at Chhatrapati Shivaji in Mumbai. More Photos > By SOMINI SENGUPTA and ROBERT F. WORTH MUMBAI, India - In a new sign of rising tensions between two nuclear-armed neighbors, ...
Mumbai Terrorist Attack May Affect US Foreign Policy FOXNews
India demands strong action from Pakistan guardian.co.uk
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