Oil prices bounce back
October 9, 2008
Oil prices rebounded above $91 a barrel Tuesday, a day after plunging to an 8-month low on concerns a significant slowdown in global economic […]
finance - Comments closed
Archive for 'finance'
Congress gets $700 billion financial bailout plan
September 20, 2008
The Bush administration sent a $700 billion financial markets rescue plan to Congress on Saturday where Democrats are looking to add aid for distressed […]
finance - Comments closed
Jobless claims on the rise
September 19, 2008
The number of out-of-work Americans who signed up for jobless benefits rose last week, the government reported Thursday, surprising economists who expected fewer claims.
The […]
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Central banks labor to calm markets in Lehman storm
September 15, 2008
Central banks mobilized worldwide on Monday to reassure financial markets after Lehman Brothers filed for bankruptcy protection and news that Merrill Lynch, another Wall […]
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Bank of America to buy Merrill for $50 billion
Bank of America Corp said it agreed to buy Merrill Lynch & Co Inc in an all-stock deal worth $50 billion, snagging the world’s […]
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Clear Channel banks ask for delay in Texas trial
April 30, 2008
Clear Channel Communications Inc (CCU.N: Quote, Profile, Research) said a Texas court on Monday dismissed a request by a group of banks to delay […]
finance - Comments closed
$19 bln write-down? No problem, stock investors say
April 2, 2008
Investors have grown so inured to calamitous reports about global credit markets that they have taken to spinning fresh bouts of bad news into […]
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Shares slip as surge in oil prices erases 157-point Dow rally
February 21, 2008
new york — Stocks fell on Tuesday after oil’s surge above $100 a barrel dragged down consumer and technology shares, erasing a 157-point rally […]
finance - Comments closed
Manufacturing activity rebounds
February 5, 2008
A key index of manufacturing activity registered stronger-than-expected growth in January, according to a survey of purchasing managers in that sector released Friday.
The […]