FedEx CEO: 'Economy will come around'

Oil prices hit 13-month low
Oil prices plunged to a 13-month low Friday as investors worried that the weakening global economy was driving down demand for fuel worldwide.

Oil prices: Buckle up for a wild ride
Expect nothing but volatility for oil prices over the next year or two - with the fate of the global economy largely dictating whether crude will fall to $50 or shoot up to $150 a barrel.

Oil falls amid economic concerns
Oil prices decline further amid concerns that a slowdown in the global economy will dent demand.

Oil prices reach seven-month low
Oil prices fall sharply on fears that the renewed woes in the US banking sector will hit the wider global economy.

Global slump hits German exports
Exports of German goods fell 1.7% in July as a slowing global economy hit demand from the country's main trading partners.