Will the Fed's Rollercoaster Ride Save the Dollar?
Will the downward pressure in commodities continue and should investors expect the end of this interest rate toboggan ride?
Will the downward pressure in commodities continue and should investors expect the end of this interest rate toboggan ride?
AP | JEANNINE AVERSA | Posted 05.08.2008 | Business
WASHINGTON — Scrambling to shore up the faltering economy, the Federal Reserve cut interest rates to the lowest point in nearly four years Wedne...
USA Today | Barbara Hagenbaugh | Posted 03.28.2008 | Business
The Fed's cut is good news for borrowers but bad for savers. Lenders cut the prime rate, the benchmark for many home-equity loans. Credit card rates ...
AP | TOBY ANDERSON | Posted 03.28.2008 | Business
LONDON — European stock markets fell and U.S. stocks were poised to open lower Wednesday on concerns about the financial sector, though Asian in...
AP | JOHN WILEN | Posted 03.28.2008 | Business
NEW YORK — Oil futures followed stocks higher Wednesday after the Federal Reserve cut a key interest rate, raising hopes that rate cuts and cong...
AP | JEANNINE AVERSA | Posted 03.28.2008 | Business
WASHINGTON — The Federal Reserve delivered powerful new relief to people and businesses squeezed by the ailing economy Wednesday, cutting intere...
Times | Gary Duncan | Posted 03.28.2008 | Business
A full-blown, prolonged recession in America is now inescapable, with the rest of the world set to be dragged into a severe global slowdown despite ye...
AP | ANDREW TAYLOR | Posted 03.28.2008 | Business
WASHINGTON — House Democratic and Republican leaders appeared close to agreement with the White House Wednesday night on a significantly reworke...
AP | MADLEN READ | Posted 03.28.2008 | Business
NEW YORK — It started with another stomach-turning drop at the open, and a loss of more than 300 points by midday. Then stocks changed course, r...
AP | TOBY ANDERSON | Posted 03.28.2008 | Business
LONDON — European shares dropped sharply Wednesday while Asian shares rose in a volatile market mix as investors digested the U.S. Federal Reser...
Wall Street Journal | Mike Spector | Posted 03.28.2008 | Business
Ford Motor Co. Chief Executive Alan Mulally said the Federal Reserve's interest-rate cut this morning is a "positive" for the auto industry. Mr. Mula...
Reuters | Emily Kaiser | Posted 03.28.2008 | Business
There is no quick cure for what ails the U.S. and global economies, but if the Federal Reserve's emergency interest rate cut on Tuesday can instill so...
MarketWatch | Greg Robb | Posted 03.28.2008 | Business
Tuesday's surprise interest-rate reduction by the Federal Open Market Committee doesn't mark the end of U.S. rate cuts by any means, Federal Reserve w...
AP | Madlen Read | Posted 03.28.2008 | Business
Stock was poised to open lower Wednesday as investors awaited results from the Federal Reserve credit auction held Monday and digested Morgan Stanley'...
Huffington Post | Michelle Kung | Posted 03.28.2008 | Business
Ben Bernanke has had a rough week so far. After cutting the interest rate by a quarter of a percentage point on Tuesday, angry investors have taken th...
AP | Joe Bel Bruno | Posted 03.28.2008 | Business
Wall Street finished only slightly higher in an erratic session on Wednesday as investors remained unconvinced by a Federal Reserve plan to work with ...
AP | Joe Bel Bruno | Posted 03.28.2008 | Business
Stocks gave up sharp gains to trade flat Wednesday after initially upbeat investors turned cool to a Federal Reserve plan to work with other central b...
AP | JEANNINE AVERSA | Posted 03.28.2008 | Business
The Federal Reserve dropped its most important interest rate to a nearly two-year low on Tuesday and left the door open to additional cuts to prevent ...
AP | John Wilen | Posted 03.28.2008 | Business
Oil futures rose Tuesday, but retreated from earlier highs, after the Federal Reserve cut a key interest rate by one-quarter of a percentage point to ...
AP | Madlen Read | Posted 03.28.2008 | Business
Wall Street advanced Monday as expectations for an interest rate cut from the Federal Reserve and an uptick in pending home sales helped offset concer...
AP | Jeannine Aversa | Posted 03.28.2008 | Business
Like the tides, the wave of good feelings that swept over Wall Street and Main Street with the Federal Reserve's big rate cut could ebb just as quickl...
Michael Pento | Posted 05.08.2008 | Business