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- KSDK-- Congress and the White House are preparing for a $700-billion dollar rescue package for the financial industry. The big question is whether it will help troubled banks and other financial institutions make loans again, and help consumers ...
- WASHINGTON/BRUSSELS (Reuters) - Europe's biggest bank rescue of the global financial crisis took shape on Monday ahead of a Congressional vote on a $700 billion toxic debt fund as fears the plan will fail gripped markets. Investors around the world ...
- WASHINGTON (Reuters) - U.S. lawmakers prepared to vote on Monday on a $700 billion government fund to buy bad debt as the global financial crisis kept markets on tenterhooks by forcing European authorities to rescue troubled banks. As investors ...
- WASHINGTON - Senators removed a key obstacle Saturday to passage of a spending bill that combines help for Gulf Coast disaster victims and loans for automakers with record spending for the Pentagon. The $630 billion-plus measure would end a quarter ...
- NEW YORK, Sept 26 (Reuters) - Central banks across the world scrambled to meet desperate demand for cash on Friday, just a day after Washington Mutual collapsed in the largest ever U.S. bank failure. As investors focused on the prospect of a $700 ...
- FRANKFURT/SYDNEY, Sept 26 (Reuters) - Central banks across the world scrambled to meet a desperate demand for cash on Friday, as U.S. authorities closed a bank and the White House's $700 billion bailout plan ran into trouble. With the renewed ...
- HONG KONG (Reuters) - Asian stocks and the U.S. dollar fell while Treasuries rose on Friday after talks over a $700 billion plan to save the financial system hit a snag and the biggest ever U.S. bank failure dashed hopes for a quick recovery. Major ...
- Sep 25th, 2008 | UNITED NATIONS -- Malaria as a mass child killer would be virtually eliminated globally by 2015 under a plan backed by nearly $3 billion in pledges, officials said Thursday. With the number of malaria deaths approaching 1 million a ...
- OSLO, Sept 25 (Reuters) - Norwegian banks are "very dependent" on short-term financing via currency swaps, Norway's central bank said on Thursday, adding that it was considering various options for the country's interbank money market. "We recognise ...
- WASHINGTON -- Troy-based auto supplier Delphi Corp. cleared a major hurdle Thursday to finally emerging from bankruptcy when it reached a tentative agreement with creditors on a financing deal with its former parent, General Motors Corp. The deal ...
- LONDON, Sept 24 (Reuters) - The dollar fell against a basket of currencies on Wednesday, nagged by uncertainty surrounding the U.S. government's proposals to mop up toxic mortgage debt and soothe global market jitters. However the U.S. currency was ...
- BRASILIA, Sept 23 (Reuters) - Brazil's external accounts are deteriorating more rapidly among a deepening global financial crisis but Latin America's largest country will still attract record amounts of foreign direct investment this year, the ...
- SINGAPORE (AP) _ Oil prices fell below $108 a barrel Tuesday in Asia in a choppy market driven by uncertainty about whether a $700 billion U.S. plan to buy bad mortgage debt will stabilize the financial system. Oil prices had surged Monday in ...
- SINGAPORE (AP) -- Oil prices fell below $108 a barrel Tuesday in Asia in a choppy market driven by uncertainty about whether a $700 billion U.S. plan to buy bad mortgage debt will stabilize the financial system. Oil prices had surged Monday in ...
- MOSCOW — Russia's stock markets extended losses Tuesday on the back of a dismal trading session in the United States and as the Standard & Poors ratings agency revised its long-term outlook on seven Russian banks over liquidity concerns. The MICEX ...
- LONDON, Sept 23 (Reuters) - Oil, gold and industrial metals lost ground on Tuesday as euphoria over the U.S. government's $700 billion bailout plan faded on doubts about its funding. Oil dropped $2 a barrel after a historic one-day rise in the ...
- SINGAPORE — Oil prices fell below $108 (U.S.) a barrel Tuesday in Asia in a choppy market driven by uncertainty about whether a $700-billion U.S. plan to buy bad mortgage debt will stabilize the financial system. Oil prices had surged Monday in ...
- PARIS : Crude oil futures fell Tuesday, after some of the technical factors that had caused a surge Monday were absent from the market and as declining stock prices and the soft dollar signaled investor concern over the U.S. government bailout of ...
- WASHINGTON - Democrats on Capitol Hill yesterday called for major revisions in the broad, $700 billion bailout plans for Wall Street financial firms, seeking tighter restrictions on executive pay, increased regulation of financial dealings, and help ...
- WASHINGTON (AP) - It's the largest government bailout in U.S. history and two days after it was introduced to the Americans paying for it, the proposal is still largely a mystery. Among the unanswered questions: How will the government mop up the bad ...
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