Wall Street Upheaval May Sap Economy, Spurs Rate-Cut Pressure
The Wall Street convulsions that took down two of the largest investment banks in 24 hours threaten to make it harder for consumers and […]
Filed under: economics by John
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Business and Finance
The Wall Street convulsions that took down two of the largest investment banks in 24 hours threaten to make it harder for consumers and […]
Filed under: economics by John
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Gas prices rose for the fourth straight day as Hurricane Ike slammed the Texas Gulf Coast early Saturday morning.
According to a nationwide survey released […]
Filed under: money by John
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Swings in emerging-market currencies may foreshadow further losses for traders already suffering from the broadest declines this decade.
Volatility in options covering currencies from […]
Filed under: money by John
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Washington Mutual is seeking to reassure investors by saying it has enough liquidity and capital to see it through these tough times.
The bank "continues […]
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China's industrial production grew at the slowest pace in six years on weaker export demand and factory shutdowns for the Olympics, increasing the likelihood […]
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Mortgage rates have plummeted, but that hasn’t made getting a home loan any easier for most borrowers.
In the wake of the government’s takeover of […]
Filed under: economics by John
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U.S. Treasury Secretary Henry Paulson is meeting with employees of Fannie Mae and Freddie Mac to ward off a tide of defections after the […]
Filed under: management by John
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Bank of America Corp (BAC.N: Quote, Profile, Research, Stock Buzz) agreed on Wednesday to buy back $4.5 billion of illiquid auction-rate securities, settling a […]
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Italian consumer spending and exports, which account for almost 90 percent of Europe's fourth- biggest economy, declined in the second quarter, pushing the country […]
Filed under: term by John
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The U.S. government takeover of Fannie Mae and Freddie Mac on Sunday may provide relief for homeowners who want to refinance mortgages and prospective […]
Filed under: term by John
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