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In the third quarter, American GDP shrank by 0.3% -- less than analysts expected, but it still showed the U.S. economy shrinking. And, as Sarah Gardner reports, the worst may be yet to come.

Virgin is considering possible three-way deal between itself, BMI and Luftansa. Virgin could get local flights in the U.K. and also form an alliance with Luftansa for international flights. Megan Williams reports.

British Prime Minister Gordon Brown's rescue plan for U.K. banks made some think of him as a financial savior. Will it work in the long term? Stephen Beard reports for our "What's the Fix? series.

Earnings are down at insurance companies, and there's talk that there could be federal assistance on the way. But will it be a repeat of the $85 billion loan offered to life insurance company AIG? Jeremy Hobson reports.

Holiday shopping may look grim towards the end of the year, but Halloween-related spending is actually up. Julie Rose looks into how the holiday is allowing consumers to dress down their economic woes.

There's talk of a loan to GM and Chrysler to assist with a merger. But economics correspondent Chris Farrell tells Scott Jagow U.S. auto makers should avoid a government loan and just declare bankruptcy.

The federal government is working on a new plan to help struggling homeowners avoid foreclosure. This would be paid for through the $700 billion rescue package finalized by Congress. Nancy Marshall Genzer has more.

In the midst of a financial snafu, you've got to wonder whether company earnings reports mean anything to the stock market. Jeremy Hobson reports investors are more interested when a plan of action is involved.

Ross Levin is one of the nation's premier financial planners. He's based in Edina, Minnesota. Here's a sober bit of number-crunching:...

Question: My portfolio contains some stocks that have cratered -- and I don't expect them to turn around soon in this economy. Might it be...