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• Dow Jones ends day below 10,000
The global sell-off came after governments across Europe rushed to prop up failing banks, while the governments of Germany, Ireland and Greece also said they would guarantee bank deposits. As the U.S. tries to repair its battered banking system, the ...
• Former Goldman exec to run financial rescue
Among other things, the governments of Germany, Ireland and Greece said they would guarantee bank deposits. In a fresh effort to loosen dangerous credit clogs, the Federal Reserve said it will significantly expand its loan program to squeezed banks by ...
• Europe struggles with unified crisis response
Faltering confidence in the financial system, undermined by a series of bank bailouts, was precipitating the measures, analysts said, since a failure to match guarantees by Ireland, France, Greece and Sweden could risk a massive fund outflow. Yet the ...
• EU leaders make vows not plans in face of crisis
Both Ireland and Greece angered their EU neighbors by acting independently and guaranteeing to protect all savings. The Saturday afternoon summit was arranged hastily with the aim of reassuring jittery markets and investors. A day earlier, U.S ...
• Ga. town keeps Laurel and Hardy's legacy alive
Northern Ireland residents Eric Stewart and his wife, Yvonne, recently dropped by as they toured the South that included Helen Keller's Alabama home and Shiloh National Military Park near the Tennessee-Mississippi state line. "Our children had enjoyed ...