October 20, 2008

Investors waiting for Bernanke comments

Fed Chairman Ben Bernanke could send a signal today on interest rates.

Asian stocks advance to start week

South Korea’s government moved to shore up the country’s banking system amid the global credit crisis.


October 17, 2008

President to address economy again today

President Bush will lay out a more detailed explanation today of what the government is doing to battle the worst financial crisis in more than a half-century.


October 16, 2008

New economic reports loom on Wall Street

Today in Washington, we get a fresh batch of economic reports, a day after another big sell-off on Wall Street.  The Dow fell another 733 points. 

World markets tumble again

Tokyo’s Nikkei fell more than 11 percent, it’s biggest one-day drop since the stock market crash of October 1987.


October 14, 2008

Aid agencies: world’s poor will be biggest victims

Aid groups are warning the world’s poorest people will be hungrier, sicker and have fewer jobs as a result of the global financial crisis.


October 13, 2008

World markets spring to life

As markets opened in Europe, Britain’s FTSE-100 shot up 5.7 percent, Germany’s DAX climbed 6.4 percent and France’s CAC-40 advanced 6.8 percent.


October 12, 2008

Finance ministers seek to calm markets

Rapidly developing and poor nations engulfed by the global financial crisis will be the focus of meetings between global finance ministers in Washington today.


October 11, 2008

Early White House meeting of G-7 countries

An early morning White House meeting of the world’s biggest economic powers has brought more assurances, but apparently no new strategies on the credit crunch.


October 10, 2008

U.S. leaders try to slow world market meltdown

As world finance ministers look at the big picture in Washington this weekend, workers around the country are starting to see the impact of this credit crunch.

Bush: Rescue Plan Can Work

President Bush said today that the government’s financial rescue plan is aggressive enough and big enough to work.

Overseas markets follow Wall Street down the tubes

Japan’s key index shed nearly 10% to close out its work week in history.  On Wall Street, the Dow opens below 9,000 for the first time in five years.  President Bush will address the economy this morning from the White House.

High school sports threatened by state budget crisis

Cutting high school sports, conservation efforts and crimes investigated by state law enforcement are all possibilities in the looming state budget crisis.


October 09, 2008

In tough times, jobless claims actually fell

On Thursday the federal government considered yet more action to revive credit markets still strangled by the U.S. mortgage meltdown.


October 08, 2008

Feds Slash Interest Rates To Spur Economy

The U.S. has teamed up with banks around the world to ease interest rates in hopes of preventing this global financial crisis from getting worse.

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