http://goodfincounsels.com Finance life Mon, 06 Oct 2008 15:58:08 +0000 http://backend.userland.com/rss092 en It was a big week for the U.S. economy. The stock market whipsawed. The jobless rate rose. Once-solid banks went under and Congress put up $700 billion to help them. And we'll elect a new president in a month. It's hard to know what all ... http://goodfincounsels.com/hope-and-a-little-fear/ TOKYO–Nintendo's hit DS portable machine will come with a digital camera that will allow players to mix images, scribble on photos and create new faces, the Japanese game maker said Thursday. The Nintendo DSi will go on sale in Japan on Nov. 1 for 18,900 yen ($180), and ... http://goodfincounsels.com/new-nintendo-ds-will-have-camera/ The dollar continued its three-day run against the 15-nation euro Wednesday as banks continued to operate in defensive mode, and the Senate prepared to vote on its own version of the $700 billion financial sector rescue package that failed to pass the House of Representatives on Monday.The dollar ... http://goodfincounsels.com/dollar-gains-as-senate-preps-bailout-vote/ A revamped financial rescue plan aimed at restoring market confidence faces a vote by the Senate late on Wednesday, reviving hopes that the lawmakers can turn the tide in the global banking crisis. The crisis has toppled Wall St firms, frozen lending among global banks, and now dominates ... http://goodfincounsels.com/revamped-bailout-faces-new-vote/ European governments had to step in with a flurry of major bank bailouts from Iceland to Germany as fear and turmoil from the U.S. credit crisis spread through the financial system.Even as U.S. lawmakers were preparing to vote on a massive $700 billion (€490 billion) rescue of their ... http://goodfincounsels.com/bank-bailouts-sweep-europe/ European shares fell heavily on Monday as fallout from the credit crisis hit the region's banking sector, forcing partial nationalization of two banks and leaving investors to ponder the impact of a U.S. bailout plan. The euro and sterling fell in the wake of share prices sliding, while ... http://goodfincounsels.com/global-shares-hit-as-banking-crisis-bites-in-europe/ A long-running legal battle over Peabody Energy Corp.'s proposed coal-fired power plant in western Kentucky has taken a new twist after the state's Court of Appeals upheld an air permit originally issued in 2002. The ruling, issued Friday, overturns a circuit court decision in August 2007 that sent ... http://goodfincounsels.com/kentucky-court-oks-peabody-air-permit/ Wall Street braced for a week of political wrangling over a proposed $700 billion bailout for troubled banks, while Goldman Sachs and Morgan Stanley sought shelter with the Federal Reserve to survive a financial storm that destroyed their rivals. Morgan Stanley went a step further and struck a ... http://goodfincounsels.com/bailout-debated-investment-bank-model-abandoned/ The Bush administration sent a $700 billion financial markets rescue plan to Congress on Saturday where Democrats are looking to add aid for distressed homeowners and other measures to help average citizens in addition to Wall Street. The plan to buy mortgage-related debt off the balance sheets of ... http://goodfincounsels.com/congress-gets-700-billion-financial-bailout-plan/ NEW YORK – Oil prices were volatile today amid growing concerns about U.S. financial turmoil, first rising back above US$100 and falling back below that symbolic level as a Federal Reserve cash injection into the credit markets calmed investors. Light, sweet crude for October delivery added 26 cents ... http://goodfincounsels.com/oil-unstable-as-traders-gauge-us-markets/