South Korea Slashes Interest Rate, Japan Calls Emergency Meeting After Shares Hit 26-Year Low
South Korea resorted to a record interest rate cut and Japan called an emergency meeting after shares hit a 26-year low as Asian governments scrambled...
South Korea resorted to a record interest rate cut and Japan called an emergency meeting after shares hit a 26-year low as Asian governments scrambled...
AP | TOMOKO A. HOSAKA | Posted 10.09.2008 | Business
TOKYO — A massive sell-off on Wall Street and an escalating global equity crisis sent Asian stocks plunging Friday, with Japan's benchmark Nikke...
AP | EMILY FLYNN VENCAT | Posted 09.30.2008 | Business
LONDON — Volatile world stock markets showed mixed reactions Tuesday to U.S. lawmakers' rejection of a $700 billion economic rescue plan, with g...
AP | LOUISE WATT | Posted 04.02.2008 | Business
LONDON — Asian stocks surged, Europe extended its gains and Wall Street was poised to rally once more Wednesday amid a growing belief that the w...
ABC News | Russell Goldman | Posted 03.19.2008 | Business
Facing the loss of their life savings and very possibly their jobs, employees at investment bank Bear Stearns are turning to trained professionals -- ...
The Huffington Post | Posted 03.17.2008 | Business
Think Progress: White House Defends Bailout Of Wall Street Instead Of Main Street During today's news briefing, reporters questioned White House Pres...
ABC News | ALICE GOMSTYN | Posted 03.17.2008 | Business
Think the Bear Stearns meltdown isn't affecting you? You might want to check your investments before you answer. Large mutual funds commonly found in...
236.com | 23/6: News You Can Misuse | Posted 03.17.2008 | Home
JP Morgan Chase & Co has agreed to buy Bear Stearns (BSC) for the bargain price of two dollars per share. Just last April, BSC shares were selling at ...
NY Times | LANDON THOMAS Jr. | Posted 03.17.2008 | Business
The cash squeeze that brought Bear Stearns to its knees is fanning fears that other investment banks might be vulnerable to the crisis of confidence g...
New York Times | STEVEN LEE MYERS | Posted 03.17.2008 | Politics
As President Bush welcomed the Federal Reserve's sweeping intervention in the financial markets, his administration faced accusations Monday that it s...
AP | TOM RAUM | Posted 03.17.2008 | Politics
WASHINGTON — Democratic congressional leaders urged President Bush on Monday to do more to address the housing woes at the root of the spreading...
AP | MADLEN READ | Posted 03.17.2008 | Business
NEW YORK — Wall Street ended a temperamental session widely mixed Monday after investors grappled with JPMorgan Chase & Co.'s government-backed ...
CNN/Money | Colin Barr | Posted 03.17.2008 | Business
Lehman Brothers (LEH) may be in for a long day. Shares of the brokerage firm slid 15% in early trading after the firm said it's got enough cash to kee...
Huffington Post | Posted 03.17.2008 | Business
UPDATED 7:20pm EST: New York Times: Dow Ends Flat After Day Of Gyrations A day that loomed darkly on Wall Street ended with only a modest decline i...
AP | TOBY ANDERSON | Posted 02.06.2008 | Business
LONDON — European stocks shrugged off sharp drops in Asian markets Wednesday after a tumble on Wall Street fanned investor fears that a U.S. rec...
AP | TOBY ANDERSON | Posted 01.28.2008 | Business
LONDON — Global market turmoil extended into a second week as European and Asian markets tumbled Monday in the wake of Wall Street's drop on Fri...
James Zogby | Posted 01.25.2008 | Politics
Officials from over two dozen nations met in Abu Dhabi to address the critical issue of labor migration. By any measure, it was a meeting of consequence.
AP | ANDREW TAYLOR | Posted 01.23.2008 | Business
WASHINGTON — House Democratic and Republican leaders appeared close to agreement with the White House Wednesday night on a significantly reworke...
AP | TOBY ANDERSON | Posted 01.23.2008 | Business
LONDON — European shares dropped sharply Wednesday while Asian shares rose in a volatile market mix as investors digested the U.S. Federal Reser...
Reuters | Louise Heavens | Posted 01.22.2008 | Business
Asian shares rallied on Wednesday with Hong Kong jumping 7 percent after the Federal Reserve's biggest interest rate cut in over two decades tempted i...
AP | YURI KAGEYAMA | Posted 01.21.2008 | Business
TOKYO — Global stock markets extended their shakeout into a second day Tuesday, plunging amid worries that a possible U.S. recession will cause ...
AP | Thomas Hogue | Posted 12.31.2007 | Business
Asian stock markets had a strong, if volatile, year with China leading the pack as investors bet on the region's continued growth prospects. Several ...
AP | CHISAKI WATANABE | Posted 11.08.2007 | Business
Asian markets fell Thursday after Wall Street posted its second big drop in a week as investors worried about the extent of fallout from the global cr...
Tina Fey graces the cover of the January issue of Vanity Fair, and in an...
UPDATE 12/2: Marc Ambinder is reporting that Jeb Bush is considering a run for the Senate to...
President Bush let it all out today during an interview with ABC News' Charlie...
this just in: Governor Palin Neglects Alaska Duties for Partisan Stumping on...
The following is Part I of Sean Penn's piece, Mountain of Snakes (Read Part II here) The
Pardon the metaphor, but Obama is trying to put lipstick on the pig that is US...
Reuters has a Q&A with John Travolta to promote his animated film "Bolt." At the end, they ask him...
President-elect Barack Obama and Vice President-elect Joe Biden met in Philadelphia...
After a 12-day hiatus, Sarah Palin stepped back into the spotlight on Monday to...
NEW YORK — Rush Limbaugh has seldom been a fan of...
Now that Americans have footed the bill for more than a...
CHICAGO — Almost one in five young American adults has a personality disorder that interferes...
Dear President-elect and Mrs. Obama: I know that the greening of the White House...
Reuters | Kevin Plumberg | Posted 10.26.2008 | Business