NEW YORK - October 31, 2011 - The besieged housing market has even further to fall before home prices really hit rock bottom.

According to Fiserv, a financial analytics company, home values are expected to fall another 3.6% by next June, pushing them to a new low of 35% below the peak reached in early 2006 and marking a triple dip in prices.

TORONTO, Ontario, Canada (PNN) - October 29, 2011 - To survive a feared currency crash, some people are going for gold.

"People are frightened, pensions are at risk because of this devaluation and printing that's (occurring), and the debt thing is a monster," said John Budden, a veteran market analyst based in Ottawa. "Have some gold - physical gold. By that I mean bullion or coins, tucked away. Maybe bury it in the garden."

NEW YORK - October 28, 2011 - Appliance maker Whirlpool Corp. plans to cut 5,000 jobs, about 10% of its workforce in North America and Europe, as it faces soft demand and higher costs for materials.

BRUSSELS, Belgium - October 26, 2011 - Peace should not be taken for granted if the euro fails, German chancellor Merkel told MPs Wednesday, ahead of the eurozone summit where an increase of the bailout fund firepower may lead to Germany's own state assets being taken as collateral.

ROME, Italy - October 25, 2011 - Italy’s prime minister was fighting on Tuesday night to stave off a collapse of his center-right coalition government over European Union demands for more concrete economic reform measures, in time for Wednesday’s highly anticipated summit of eurozone leaders.

The demand came as European officials attempted to reach a final agreement on giving the eurozone’s 440 billion euro rescue fund more firepower so that it can assist Italy by purchasing Italian bonds, thus lowering Rome’s borrowing rates, which are near 6%.

MOSCOW, Russia - October 25, 2011 - International credit rating agency Moody's lowered its outlook on the Russian banking system Monday to negative on the back of global economic fears.

Addressing the credit conditions in the market for the next 10 to 18 months, the report suggested that the poor performance of the world economy coupled with the adverse effects of the sovereign debt crisis in Europe will cause a contraction in liquidity, slow credit growth, and pressure on asset quality.

NEW YORK - October 25, 2011 - European leaders insist they are making progress on a comprehensive plan to tackle the eurozone's debt and banking crises.

But the details are foggy and last-minute delays suggest that significant disagreements remain unresolved.