NEW YORK (Reuters) - Turmoil in credit markets poses a "significant threat" to the U.S. economy, Federal Reserve Chairman Ben Bernanke said on Wednesday, suggesting an openness to further interest-rate cuts.
NEW YORK (Reuters) - Stocks dropped on Wednesday as bleak economic data fed worries that despite all the efforts to unlock credit markets, the economy is unlikely to avoid recession.
WASHINGTON (Reuters) - Economic activity weakened across the United States in September as businesses revised capital investments, consumers curtailed spending and the general outlook darkened, the Federal Reserve said on Wednesday.
PARIS (Reuters) - French state-controlled electricity giant EDF said on Wednesday it had dropped plans to table a new bid for Constellation Energy as the credit crisis has made corporate financing more difficult to obtain.
WASHINGTON (Reuters) - Retail sales last month dropped the most in more than three years while a measure of New York state manufacturing hit its lowest since the index started in 2001, intensifying recession fears.
Business 
