Started 1 week ago (2008-11-13 21:03:00)
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AP -
Senate Democrats pressed ahead on Thursday with plans to vote next week on a $25 billion emergency loan plan for U.S. carmakers as the auto industry and business groups readied a lobbying onslaught to overcome GOP opposition. View the Entire Article
Started 1 week ago (2008-11-13 21:03:00)
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Reuters - Stocks surged on Thursday and broke a three-day
losing streak after the S&P 500 and Nasdaq touched new five-year lows earlier in the session, prompting investors to put aside worries about the flagging economy and scoop up wilted shares at fire-sale prices. View the Entire Article
Started 1 week ago (2008-11-13 20:03:00)
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Reuters - U.S. mortgage finance companies should soon adopt a foreclosure prevention plan developed by Fannie Mae and Freddie Mac to ease loan terms for troubled
borrowers, the companies' overseer said on Thursday. View the Entire Article
Started 1 week ago (2008-11-14 05:03:00)
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Reuters - Shares in Asia and Europe followed Wall Street higher on Friday as steep falls earlier this week attracted bargain hunters, while intensifying concerns about the
UK economy knocked sterling to fresh 13-year lows. View the Entire Article
Started 1 week ago (2008-11-14 02:03:00)
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AP - Shares in the
London Stock Exchange Group PLC dropped more than 10 percent on Thursday despite the bourse reporting a 19 percent rise in half-year net profit as it also halted its 500 million pound ($746 million) share buyback program. View the Entire Article
Started 1 week, 1 day ago (2008-11-13 18:03:00)
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Reuters - Two top Federal Reserve policy-makers painted a gloomy picture on the
U.S. economy on Thursday, on a day when initial claims for unemployment assistance topped half a million people. View the Entire Article
Started 1 week ago (2008-11-14 04:05:00)
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Reuters - World leaders headed to Washington on Friday to discuss ways to protect
the global economy from a repeat of the worst financial crisis in 80 years. View the Entire Article
Started 1 week, 1 day ago (2008-11-13 18:03:00)
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AP -
Wal-Mart Stores, Inc. with its re-emphasis on low prices is among the few retailers performing well in what has become an increasingly bleak consumer spending climate. View the Entire Article
Started 1 week, 1 day ago (2008-11-13 16:03:00)
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Reuters - A bid by global leaders to push forward plans this weekend to erect a firewall against future financial crises like the one now threatening the
world economy will quickly run into tough political realities that will limit progress. View the Entire Article
Started 1 week ago (2008-11-13 21:03:00)
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Reuters - Goldman Sachs suspended its rating on
General Motors Corp on Thursday and said the automaker needs at least $22 billion in federal aid, while Chrysler said it would be "very difficult to survive" without government support. View the Entire Article