Reuters - The Dow sank into a bear market on Wednesday as U.S. stocks fell on growing concerns about the toll that record oil prices are taking on the economy and corporate profits.

AP - Wall Street resumed its sell-off Wednesday after oil hit a new record and a bearish analyst report renewed concerns that General Motors Corp. could run out of cash.

AFP - US Treasury Secretary Henry Paulson said Wednesday that the US economy was enduring "a rough period" and warned that home foreclosures would likely remain high in the near future.

AP - Orders to U.S. factories turned in the slowest performance in three months in May as a surge in demand for commercial aircraft was not enough to offset weakness in autos, heavy machinery and steel.

Reuters - U.S. Treasury Secretary Henry Paulson said on Thursday that inflation was becoming the top economic focus of many countries around the world as oil and food prices take their toll.

Reuters - U.S. private-sector employers slashed 79,000 jobs in June, the largest drop since November 2002, according to a report by ADP Employer Services released on Wednesday that may spell bad news for the government's labor market report later this week.

AP - Orders to U.S. factories turned in the weakest performance in three months in May, reflecting slumping demand for autos, heavy machinery and steel.

Reuters - U.S. Treasury Secretary Henry Paulson said on Wednesday that high oil prices, further home price declines and capital markets turmoil will prolong the American economy's slowdown, while Europe and the UK were also showing signs of slower growth.

Reuters - Stocks extended losses on Wednesday as the price of oil hit a record, exacerbating concerns about the toll that soaring oil is taking on the economy and corporate profits.

Reuters - U.S. private employers slashed 79,000 jobs in June while planned layoffs at U.S. firms rose nearly 50 percent above year-ago levels, according to data that may spell bad news for a government payrolls report this week.

AFP - US Treasury Secretary Henry Paulson said Wednesday that the US economy was enduring "a rough period" and warned that home foreclosures would likely remain high in the near future.

AP - Stocks gave up a brief rally Wednesday and resumed their sell-off after oil hit a new record and factory orders showed the weakest performance in three months in May.

AP - Nearly all the major automakers reported steep sales declines for June, but for General Motors at least there was consolation: Toyota, its leading international competition, had it worse.

Reuters - Manufacturing expanded in June for the first time in five months, helped by a weak dollar, but inflation pressures soared to their highest level since the stagflation-ravaged 1970s, according to a report that highlighted the bind facing policy-makers.