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earthtimes.org » The Earth Times Online Newspaper - Oct 3, 2008
Washington - The US House of Representatives took up a massive financial rescue plan for the second time in a week on Friday, considering a new version passed by the Senate but in a mood of resignation over being put …
earthtimes.org » The Earth Times Online Newspaper - Oct 3, 2008
Washington - US stocks rallied for the first time in three days as the US House of Representatives began debate Friday on a new version of the finance rescue plan that the White House says is desperately needed …
earthtimes.org » The Earth Times Online Newspaper - Sep 29, 2008
Washington - US stocks plunged and the Standard & Poor's 500 index tumbled the most on Monday since the 1987 crash after the US House of Representatives rejected the biggest government intervention into capital …
earthtimes.org » The Earth Times Online Newspaper - Sep 29, 2008
New York - US banking giant Citigroup Inc will buy the bulk of the operations of fourth-largest bank Wachovia Corp, the latest consolidation move under government watch in the ongoing credit crisis. Citigroup will buy …
earthtimes.org » The Earth Times Online Newspaper - Sep 29, 2008
Washington - The US House of Representatives could vote later Monday on a massive deal to rescue the US economy from the brink of financial meltdown. Legislators forged an agreement Sunday on the measure, which is …
earthtimes.org » The Earth Times Online Newspaper - Business News - Sep 28, 2008
Washington - A new consensus version of the US finance rescue plan would call for the finance industry to pay up after five years if the government does not recoup its costs in buying up soured mortgage debt …
earthtimes.org » The Earth Times Online Newspaper - Business News - Sep 28, 2008
Washington - In a dramatic group appearance shortly after midnight in the US capital, Congressional leaders early Sunday said they had made progress on an emergency finance rescue package. They declined to give details …
earthtimes.org » The Earth Times Online Newspaper - Business News - Sep 28, 2008
Washington - In a group announcement, Congressional leaders early Sunday said they had reached tentative agreement on a finance rescue package but did not give details of the compromise. Speaker of the House of …
earthtimes.org » The Earth Times Online Newspaper - Sep 26, 2008
Washington - The final figure for US growth in the second quarter of 2008 was adjusted downward Thursday to 2.8 per cent by the US government, which indicated that strong exportsand fewer imports helped prevent the …
earthtimes.org » The Earth Times Online Newspaper - Business News - Sep 25, 2008
Washington - A bipartisan agreement to pass a 700-billion- dollar deal to bail the country out of its financial crisis has been reached, legislators from the special committees handling the issue said Thursday …