Business News

Yearly Archives: 2007, 2008

Stocks end wild session mixed after 8-day slide

11 hours ago

Updated: 2:26 PM- NEW YORK -- Wall Street capped its worst week ever with a wild session Friday that left stocks with a widely mixed finish. Late-day buying helped curb steep losses and gave the market its best showing …
Wall Street tentative as IBM affirms forecast, government eyes bank stake

Oct 9, 2008

Updated: 11:24 AM- NEW YORK -- Stocks mostly declined Thursday, though with far less severity than in recent sessions, as weakness in the financial, energy and health care sectors overshadowed gains by technology issues.
Wall Street slips once again, despite Fed's rate cut

Oct 8, 2008

Updated: 2:15 PM- NEW YORK -- Wall Street has tried but failed to find some stability from an interest rate cut by the Federal Reserve and other big central banks. Stocks wavered throughout the day, moving in and out …
Pelosi raises idea of $150 billion stimulus bill

Oct 8, 2008

Posted: 1:12 PM- DENVER - House Speaker Nancy Pelosi says a second economic stimulus plan is needed now because of the faltering economy and she puts the price at $150 billion.
U.S. economy still most competitive despite crisis; Britain slips

Oct 8, 2008

Posted: 11:36 AM- GENEVA - The U.S. still has the world's most competitive economy, despite the recent turmoil that has seen some Wall Street giants tumble and others turn to the Federal Reserve for financial bailouts …