If the Fed isn't going to cut  rates any more, that means bad news really is ... bad news. And with continuing concerns about the financial sector and oil prices, there is plenty of bad news.  Is Citigroup In Trouble? 

  The mighty U.S. consumer may be starting to crack, just as the Federal Reserve signaled that it was through with interest rate cuts barring a sharper economic downturn.

  The Fed's decision to cut interest rates probably won't do much for banks struggling with rising credit losses as the housing market retreats.

  The Federal Reserve pumped $41 billion into the U.S. financial system Thursday, one of its largest cash infusions to help companies get through a credit crunch that took a turn for the worse in August.

  Two years after it successfully fought off the efforts of Carl Icahn and the plan authored by Lazard Frères to break apart Time Warner, the company seems ready to embrace it, CNBC's David Faber reports.

  The Writers Guild contract expired at midnight--though there's no strike just yet, it is NOT looking good. The rhetoric last night was soangry and stubborn on both sides, I'm predicting a strike by mid-week next week. The WGA says the producers association "refused to continue to bargain until we agree that the hated DVD formula be extended to Internet downloads." HATED? Ouch.

  Ford's U.S. sales fell 9.3 percent in October, leaving it slightly behind rival Toyota, which reported a 4.5 percent sales increase for last month.

  U.S. residential foreclosure filings nearly doubled last quarter from a year earlier, and appear set to increase into 2008, a report said on Thursday.

  The former Morgan Stanley strategist expects a surge in U.S. stocks in the coming months. Also, what to buy and what to sell after the Fed, the word on Google’s rally, Mastercard’s momentum and more.

  The hour's business headlines, with CNBC's Bertha Coombs

  Oil prices keep breaking record highs. What does it mean for the economy--and investors? Here's what some of the experts are saying on CNBC.

  Five independent directors of Affiliated Computer Services said Thursday they will resign after the company's chairman blamed them for a failed $6.1 billion private equity buyout bid.

  Hugh Simon is harnessing the heat of the hottest economy: his Dreyfus Pacific/Asia Fund is up more than 91 percent year-to-date, and almost 60 percent over three years. He's also portfolio manager of the Dreyfus Premier Greater China Fund. Read about his favorite Chinese stock plays.

  As expected, Chrysler is wasting little time in downsizing both its work force and struggling line-up of vehicles. Today, the automaker announced it will cut another 8,500 to 10,000 jobs, including 1,000 white collar employees. This round of downsizing is on top of the 13,000 job cuts announced earlier this year as part of the plan to get Chrysler back in the black.