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WASHINGTON (AP) -- Urgent efforts to lash together a $700 billion rescue plan for the national economy broke apart Thursday night, hours after key lawmakers had declared they had reached a deal. ...more
September 25, 2008
This is the peak of the hurricane season in the financial markets. ...more
September 19, 2008
Ailing bank Washington Mutual Inc. appeared headed toward a sale Wednesday after a major investor removed a potential stumbling block and nervous banking regulators began approaching the most logical buyers. ...more
September 18, 2008
The field of possible buyers for Lehman Brothers narrowed Saturday, but the parties involved in the discussions over the wounded investment bank's future were at loggerheads over how to finance the rescue. ...more
September 14, 2008
Some investments need a plain-language warning sticker that you find on a stepladder or a crib. ...more
September 3, 2008
Consumer Prices Surge, Job Market Remains Strained WASHINGTON (AP) - Inflation is running at the fastest pace in 17 years, the job market is under further strain and foreclosure filings are surging. ...more
August 17, 2008
JPMorgan Chase & Co. and Morgan Stanley on Thursday became the latest banks to reach settlements with New York Attorney General Andrew Cuomo and other regulators as part of an investigation into the collapse of the auction-rate securities market. ...more
August 15, 2008
As Americans see their home prices plunge, bills climb and credit lines shrink, they are swiping their credit cards less and their debit cards more - and Visa and MasterCard are still raking in the fees. ...more
August 1, 2008
Focused on getting the nation's credit gears smoothly working again, the Federal Reserve is letting Wall Street firms draw emergency loans into next year and giving financial companies more options to help them overcome credit problems. ...more
July 31, 2008
Wall Street shot higher Thursday, extending its rally into a second session as tumbling energy prices bolstered an already upbeat mood that followed stronger-than-expected quarterly reports from big names such as JPMorgan Chase and United Technologies. The Dow Jones industrial average rose more than 200 points, bringing its two-day advance to more than 480. ...more
July 18, 2008
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