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Today on Reuters 

The hands of U.S. President-elect Barack Obama are seen as he speaks to the media following a meeting with members of his future cabinet and economic advisors at his transition office in Washington January 6, 2009. REUTERS/Jason Reed

Obama sees deficit topping $1 trillion 4:51am ET

President-elect Barack Obama says he expects to inherit a budget deficit approaching $1 trillion and his administration would have to make some tough choices.  Full Article 

Budget projections to be released
Gates sees $70 billion for war costs
No instant gratification in stimulus
Full Coverage: The Economy
The hands of U.S. President-elect Barack Obama are seen as he speaks to the media following a meeting with members of his future cabinet and economic advisors at his transition office in Washington January 6, 2009. REUTERS/Jason Reed

Obama sees deficit topping $1 trillion 4:51am ET

President-elect Barack Obama says he expects to inherit a budget deficit approaching $1 trillion and his administration would have to make some tough choices.  Full Article 

Budget projections to be released
Gates sees $70 billion for war costs
No instant gratification in stimulus
Full Coverage: The Economy
A wounded Palestinian is carried near a United Nations school in Jabalya in the northern Gaza Strip January 6, 2009. REUTERS/Ismail Zaydah

Truce plan mulled after Gaza school deaths 5:15am ET

Israel and Hamas are studying an Egyptian proposal for a ceasefire in the Gaza Strip, after Israeli shells killed 42 Palestinians at a U.N. school.  Full Article | Slideshow 

Israeli leaders to debate "final" push
Factbox: Gaza ceasefire proposals
Clout behind Turkish diplomacy
Video: Obama speaks out on Gaza

Top News

the day ahead: Wednesday

Panasonic Electronics technicians set up a display of flat panel televisions for the 2009 International Consumer Electronics Show at the Las Vegas Convention Center in Las Vegas, Nevada January 5, 2009. In the background is the 150-inch plasma television which was introduced at last year's show. The consumer technology trade show begins January 8 and is expected to attract 2,700 exhibitors and 130,000 attendees. REUTERS/Las Vegas Sun/Steve Marcus
Gadget fest

The Consumer Electronics Show kicks off in Las Vegas. The tech extravaganza is likely to be subdued, with fewer manufacturers, retailers and people expected in attendance.  Factbox 

Photo
Why did the SEC fail in Madoff case?
Mark T Williams

The SEC needs to adopt a “where there is smoke there is fire” approach. It must become risk focused in the scope and frequency of its monitoring and surveillance operations.  Commentary 

to

Commodities

Commodity Last Pct Chg Trade Date/Time
Oil 53.25 -0.04% 07 Jan 2009 05:49 EST
Gold 864.4 -0.14% 07 Jan 2009 05:58 EST
Blogs: Environment
Topics: AIDS, Post-Traumatic Stress Disorder
Blogs: Soccer
Trader Gregg Russo works on the floor of the New York Stock ExchangeSlideshowSlideshow 
Year in Business

A look back at the memorable moments from 2008 in the world of finance.  Slideshow 

Signs marking the entrance to Wall Street are seen in New York October 6, 2008.
Crisis in Credit

Follow the financial crisis using our interactive video timeline. Track the global impact on our interactive map.  Full Coverage 

A combination of sale signs displayed in shop windows on the last weekend before Christmas on London's Oxford Street
Signs of the Times

The global recession manifests itself in big and small ways, most gloomy, some quirky and often reflecting the inventive human spirit.   Factbox 

Send us your signs of the times

Pictures

View Slideshow 
View Slideshow View SlideshowSlideshow  
Photo technique: repeat after me
Tuesday, 6 Jan 2009 09:06pm EST 
A look at images taken by photographers with an eye on repetition and patterns.
More Pictures...

Video

Play Video Play VideoVideo 
UN takes on Gaza

Jan -The UN debates the conflict in Gaza as Security Council diplomats say it will take at least several days to prepare a ceasefire resolution for a vote.  Play Video

 
Congress, Obama focus on economy
Obama speaks out on Gaza
More Video...

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