May 5, 2009

India’s phenomenal growth in recent years was largely financed by foreign investments and loans, which have fallen sharply in the downturn.

Many automotive mergers and alliances have done poorly but Fiat is determined not to let that happen in its link with Chrysler.

At Berkshire Hathaway’s meeting, the investor served up advice that was too commonly ignored before the credit crisis.

In areas hardest hit by the housing crisis, like Sacramento, and parts of Florida and Nevada, more robust markets suggest the housing sector may be in the early stages of recovery.

More of New York City’s middle-class tenants, their jobs gone, are falling behind on rent, straining legal and financial services once used mostly by lower-income New Yorkers.