Friday, November 21, 2008
Community Bank of Loganville, Ga., is 20th bank to fail this year
Community Bank of Loganville, Ga., is 20th bank to fail this year
11/21/2008 6:10:57 PM EDT
Breaking news: Stocks surge; Dow up almost 500 points
NEW YORK (AP) - Stocks surged late Friday on news that President-elect
Barack Obama is likely to name New York Federal Reserve President
Timothy Geithner as Treasury secretary. The Dow Jones industrial
average jumped 494.37 points, or 6.55%, at 8,046.66. The Standard &
Poor's 500 Index shot up 47.57 points, or 6.32%, at 800.01. The Nasdaq
Composite Index gained 68.23 points, or 5.18%, at 1,384.35.
Wall Street ends dismal week with rally on reports that NY Fed chief Geithner is on tap for Treasury Secretary. Dow back above 8,000.
Wall Street ends dismal week with rally on reports that NY Fed chief
Geithner is on tap for Treasury Secretary. Dow back above 8,000.
Hillary Clinton has accepted secretary of state post: N.Y. Times
BULLETIN: Hillary Clinton has accepted secretary of state post: N.Y. Times
3:09:55 PM EDT
Dow jumps 350 points on reports that NY Fed President Timothy Geithner is on tap for Treasury Secretary post.
Dow jumps 350 points on reports that NY Fed President Timothy Geithner
is on tap for Treasury Secretary post.
Breaking News Fri., November 21, 2008
General Motors to Give Up Two Corporate Jets After Execs Were Blasted
on Capitol Hill [12:28 p.m. ET]
National average price for unleaded gas falls below $2 a gallon, says AAA, down more than 50% from this summer's record.
National average price for unleaded gas falls below $2 a gallon, says
AAA, down more than 50% from this summer's record.
Thursday, November 20, 2008
Breaking News Thu., November 20, 2008
U.S. ATTORNEY GENERAL MICHAEL MUKASEY COLLAPSED TONIGHT WHILE GIVING A
SPEECH IN WASHINGTON, D.C. [10:44 pm]
Citigroup may auction parts of firm or sell company outright -- Wall Street Journal
Citigroup may auction parts of firm or sell company outright -- Wall
Street Journal
11/20/2008 8:26:19 PM EDT
Citigroup may auction parts of firm or sell company outright -- Wall Street Journal
Citigroup may auction parts of firm or sell company outright -- Wall
Street Journal
11/20/2008 8:26:19 PM EDT
Energy: Gore says he won't have formal role in new administration
Former Vice President Al Gore said Thursday he would "not be taking a
formal role" in the administration of President-elect Barack Obama,
but that he has been in contact with Obama and would do whatever he
could to help him.
Freddie, Fannie halt foreclosure sales, evictions of occupied homes Nov. 26 to Jan. 9
Freddie, Fannie halt foreclosure sales, evictions of occupied homes
Nov. 26 to Jan. 9
4:35:50 PM EDT
No deal yet on bailout for U.S. automakers, Sen. Harry Reid says
No deal yet on bailout for U.S. automakers, Sen. Harry Reid says
11/20/2008 2:23:47 PM EDT
Breaking News: Dow dives more than 400 points
NEW YORK (AP) - Stocks tumbled for the second straight day as hopes
faded that lawmakers will soon put together an aid package for U.S.
automakers. The Dow Jones industrial average slid 444.99 points, or
5.56%, to close unofficially at 7,552.29. The Standard & Poor's 500
Index plunged 54.14 points, or 6.71%, to finish unofficially at 752.44
Senators reach tentative auto-loan compromise: reports
Senators reach tentative auto-loan compromise: reports
11/20/2008 12:39:49 PM EDT
U.S. reports number of people making first-time unemployment claims rose to 542,000 last week - highest level in 16 years.
U.S. reports number of people making first-time unemployment claims
rose to 542,000 last week - highest level in 16 years.
Last week's continuing jobless claims hit 4 million, U.S. data show; initial claims rise
Last week's continuing jobless claims hit 4 million, U.S. data show;
initial claims rise
8:31:47 AM EDT
Wednesday, November 19, 2008
Breaking News Wed., November 19, 2008
Tom Daschle Will Be the Next Health and Human Services Secretary [12:28 p.m. ET]
Breaking News
At the final bell, the Dow drops below 8,000 for the first time since
2003 amid worries over the auto industry's future.
U.S. consumer prices drop 1% in October; core retail-inflation rate also eases
U.S. consumer prices drop 1% in October; core retail-inflation rate also eases
8:31:59 AM EDT
Breaking News: Consumer prices take record drop in Oct.
Consumer prices plummeted at the sharpest rate on record in October
while home construction sunk to its lowest level since 1959.
In two signs of continuing economic contraction, the U.S. says inflation and housing starts plunged by record amounts.
In two signs of continuing economic contraction, the U.S. says
inflation and housing starts plunged by record amounts.
Tuesday, November 18, 2008
Breaking News
Alaska Sen. Ted Stevens defeated for re-election by Democrat Mark
Begich, according to release from Begich's campaign.
Energy: Supertanker's hijacking highlights piracy threat in Somalia
The brazen hijacking of a Saudi supertanker off the coast of Somalia could result in the disruption of international trade routes, but authorities have few options at their disposal to deal with a rising tide of piracy in the region, experts say.
Home Depot reported 3Q sales of $17.8 billion - beating economists' expectations - but predicts sales will be down 8% for year.
Home Depot reported 3Q sales of $17.8 billion - beating economists'
expectations - but predicts sales will be down 8% for year.
Motorist association AAA says Thanksgiving weekend travel will decline for 1st time in 6 years.
Motorist association AAA says Thanksgiving weekend travel will decline
for 1st time in 6 years.
Sunday, November 16, 2008
Tokyo stocks pace Asia losses as data show Japan slides into recession
Tokyo stocks pace Asia losses as data show Japan slides into recession.
7:44:42 PM EDT
