Friday, December 05, 2008
Crude-oil futures close at $40.81; week's decline of 25% is steepest since 1991
Crude-oil futures close at $40.81; week's decline of 25% is steepest since 1991
2:58:39 PM EDT
Breaking News Fri., December 5, 2008
O.J. Simpson to Serve at Least Nine Years in Prison for Las Vegas
Hotel Robbery [1:30 p.m. ET]
Energy: Canadian stocks plunge amid grim jobs data, political turmoil
Stocks in Toronto posted steep losses Friday, as falling commodity
prices, domestic political turmoil and worse-than-expected jobs data
from Canada and the United States hurt investor sentiment.
Energy: Worst U.S. job loss in 30 years looms over energy sector
Energy Stocks - Worst U.S. job loss in 30 years looms over
The worst U.S. monthly job loss in 34 years stoked further selling in
the energy sector Friday, with shares of natural gas producers leading
losses in a sector rocked by a stream of bad economic news,
predictions of $25 a barrel oil and steep losses in the broad market.
U.S. foreclosures, mortgage delinquencies hit record highs
U.S. foreclosures, mortgage delinquencies hit record highs
12/5/2008 10:00:49 AM EDT
Breaking News Fri., December 5, 2008
533,000 Jobs Lost in November, Nearly Twice What Was Expected;
Unemployment Climbs to 6.7% [8:34 a.m. ET]
Thursday, December 04, 2008
Average 30-year mortgage rate at lowest level since January: Freddie Mac
Average 30-year mortgage rate at lowest level since January: Freddie Mac
12/4/2008 11:01:19 AM EDT
U.S. factory orders down more than 5% in October
U.S. factory orders down more than 5% in October
12/4/2008 10:00:55 AM EDT
Wednesday, December 03, 2008
Breaking News
GOP Sen. Saxby Chambliss wins a Georgia runoff, ending Democratic
hopes of a filibuster-proof majority.
U.S. service-economy gauge hits record low
U.S. service-economy gauge hits record low
12/3/2008 10:06:24 AM EDT
Breaking News Wed., December 3, 2008
Police Find Large, Unexploded Bomb at Mumbai Train Station; Remnant of
Terror Attacks [8:39 a.m. ET]
Monday, December 01, 2008
Breaking News: Dow falls more than 650 points
NEW YORK (AP) - Stocks fell sharply on Monday on reports of only a
modest gain in holiday shopping sales, followed by news confirming
that the USA is in a recession. The Dow Jones industrial average fell
679 points, wiping out more than half the 1,276 points it added during
a five-day rally built on investors' budding optimism about the
economy.
Markets Monday, 12/1/2008
| Dow : 8149.09 down 679.95 | S & P : 816.21 down 80.03
| NASDAQ: 1398.07 down 137.50 | Bond (10Y): 2.71%, 108.63
MARKETS:
Dow plunges 680 points
Stocks slump as U.S. recession is officially called and signs point to
a prolonged slowdown.
Breaking News: U.S. officially in recession
WASHINGTON - The USA is officially in a recession that began a year
ago, the committee of economists that dates business cycles said
Monday. "The committee determined that a peak in economic activity
occurred in the U.S. economy in December 2007," the National Bureau of
Economic Research said in a statement. "The peak marks the end of the
expansion that began in November 2001 and the beginning of a
recession."
U.S. economy entered recession in December 2007: NBER
U.S. economy entered recession in December 2007: NBER
12/1/2008 12:11:49 PM EDT
Obama picks Sen. Clinton for secretary of state; Gates to h...
Department
12/1/2008 10:45:44 AM EDT
