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  • Oil falls below $90 as financial woes spread
  • Significant gains by the U.S. dollar against the euro also contributed to slumping oil prices. By midday in Europe, light, sweet crude for November delivery was down $4.03 to $89.85 a barrel in electronic trading on the New York Mercantile Exchange ...
  • Treasury, Fed pledge rapid response to crisis
  • Over the weekend, governments across Europe rushed to prop up failing banks. The German government and financial industry agreed on a $68 billion bailout for commercial-property lender Hypo Real Estate Holding AG, while France’s BNP Paribas agreed ...
  • World markets plunge on fears of growing crisis
  • SINGAPORE - Asian stock markets plunged Monday as government bank bailouts in the United States and Europe failed to alleviate fears of a global financial crisis that would depress world economic growth. Investors took scant comfort from Washington's ...
  • Dow dips below 10,000, a first since Oct. 2004
  • Over the weekend, governments across Europe rushed to prop up failing banks. The German government and financial industry agreed on a $68 billion bailout for commercial-property lender Hypo Real Estate Holding AG, while France's BNP Paribas agreed to ...
  • Europe struggles with widening financial mess
  • STOCKHOLM, Sweden - Germany became the newest European country to allay fears about the financial meltdown, guaranteeing private bank accounts as governments scrambled on their own to save failing banks. Chancellor Angela Merkel said that no citizen ...
 
    
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