Struggling mortgage-finance company Fannie Mae announces a series of high-level management changes as the firm tries to shore up its sagging capital position and reverse losses. See full story.

Aer Lingus swings to first-half loss, predicts loss for the year

Irish-flag carrier Aer Lingus Group on Thursday warns that it will need to further slash costs to ensure its long-term survival as it posts a loss for the first half of the year and predicts it will end 2008 in the red. See full story.

French banks stung by further credit crisis losses

France's third- and fourth-largest banks reported slumping results from the credit crunch on Thursday, with Credit Agricole revealing a 94% profit drop and Natixis swinging to a loss of about $1.5 billion. See full story.

Indications: U.S. stock futures flattish; GDP on tap

U.S. stock futures were flattish Thursday as oil and natural-gas futures continued to advance as fears about Tropical Storm Gustav remained and as markets awaited another estimate of the economy’s performance during the second quarter. See full story.

Toyota cuts 2009 sales target by 6.7% as U.S. demand eases

Toyota Motor Corp. Thursday cut its global-sales target for next year by 6.7%, as higher gasoline prices and the slowing economy hurt demand in the U.S., its largest market, media reports say. See full story.

MARKETWATCH COMMENTARY

Irwin Kellner: It's later than you think

Double-digit inflation has returned to the United States for the first time since the bad old days of 1981. So why are most pundits silent? See full story.

MARKETWATCH PERSONAL FINANCE

Best home technology will make people smarter-- not their houses

As more technology gets woven into our homes, our personal preferences and needs will dictate what features we have to have, what we want and what we'll take a pass on. See full story.