Consumer Prices Sink Amid Slump
The U.S. consumer price index fell 1.0% in October from the previous month, the biggest drop in 61 years, on lower energy prices and a weak economy. Separately, home construction took its fourth tumble in a row during October.
Auto Chiefs Return to Capitol Hill
The CEOs of GM, Ford and Chrysler testified before a House panel in an attempt to further convince lawmakers to throw their companies a lifeline.
Citi to Buy Remaining SIV Assets
Citigroup said it will buy the last $17.4 billion of assets in structured investment vehicles it advises, as the New York bank finishes winding down the entities that were one of the first major casualties of the credit crunch.
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