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A comScore US industry report, published earlier this week, indicates a decline in the key measure for how the Mountain View-based company is getting paid by advertisers, and that freaked everybody out. Despite GoogleÂ’s repeated statements that any upcoming recession would not affect it, it saw an read more »

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Billionaire investor Warren Buffett claims the US has already fallen into recession and warned that shares prices still may have some way to fall. read more »

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Recession and fears of a crash force US central bank to bolster the credit markets again, reports Ambrose Evans-Pritchard read more »

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IÂ’m sure everybody interested remembers about the big names at Google saying they are certain that the coming recession will not harm their company and that they have ensured that "everything will be well." This expression is overused in movies, but unlike with the stock market, whenever a character says it, he most likely will die a long, slow and excruciating death.

Back to business, Google managed to drop to a 52-week low yesterday, shares being traded at a mere $413.62. Kind of makes the ... read more »

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Millions of British households face soaring mortgage rates and
tumbling house prices after the global financial crisis triggered
the near-collapse of one of the world's biggest banks. read more »

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Google has seen its web search market share fall some nought point three percentage points globally from January to February, according to comScore, a leader in measuring the digital world but, as an all-time crowd favorite would say, itÂ’s all good. The US share rose over the same period. The minuscule drop was however foreseen by the company, as its CEO Eric Schmidt announced somewhere at the beginning of the year that his company was prepared to face whatever the recession might throw at it. A... read more »

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no-money.pngIf your dreams are filled with nightmares of recession and impending economic doom, a user from the community weblog Ask MetaFilter asks the simple but pertinent question: What's the safest possible thing that I can do with my money? The folks at MetaFilter provide heaps of great suggestions while sticking to the low-to-no-risk requirement, suggesting everything from CDs and short term bond mutual funds to investing in yourself. As many folks are quick to point out, virtually any interest-bearing savings plan requires some form of risk—hence the reason for the interest. But some investments are safer than others, so let's hear your thoughts on safe investments in the comments.
What's the safest possible thing that I can do wi read more »

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The eurozone is tipping into a deeper downturn than America itself despite the tremors in the US mortgage industry, and may already be in full recession for the first time since the launch of the single currency. read more »

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