Business news for Thu, 29 Nov 2007 & with words credit+predicting. 2 news.

SAN FRANCISCO (MarketWatch) -- Despite uneven prospects for stocks heading into 2008 and continuing melting credit markets, at least one group of market trackers is predicting favorable growth trends heading into 2008 for major asset managers.

The White House lowered its 2008 economic forecast, predicting a rise in unemployment as the housing slump and tight credit weigh down national economic activity.