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The news section is directly fed by the respective news sites. Please select the 'Type of News', this will present you the logos of the sites whose news feeds you can read. The most updated news from the selected site is then listed below. Hope you enjoy this section!
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  • Business

Sat, 11 Oct 2008 17:56:35 EDT

British bank plan on tap

Battered British banks, along with the United Kingdom Treasury office, are expected to unveil details of a massive capital raising plan on Sunday, according to The Wall Street Journal, citing people familiar with the situation.

Sat, 11 Oct 2008 15:13:59 EDT

Economy 101: World players

Following is a list of organizations that have a role in the global financial system and what that role is:

Sat, 11 Oct 2008 09:49:12 EDT

Read the text of Bush's speech

Here is the text of President Bush's speech about the world response to the financial crisis, following a meeting with the G7 finance ministers:

Sat, 11 Oct 2008 08:57:49 EDT

Gas down almost 6 cents, nearing $3

Gasoline prices fell nearly 6 cents a gallon, coming within 30 cents of $3, according to a daily survey of credit card swipes.

Sat, 11 Oct 2008 21:04:21 EDT

Crisis on world stage

World leaders, warning of a global economic downturn, pledged Saturday to work together to find solutions to what is unfolding as the worst financial crisis since the Great Depression.

Sat, 11 Oct 2008 07:16:31 EDT

Qwest in tentative deal with union

Read full story for latest details.

Sat, 11 Oct 2008 14:17:51 EDT

Mazda: No decision on Ford's stake

Read full story for latest details.

Sat, 11 Oct 2008 18:14:33 EDT

GM needs cash before Chrysler

Read full story for latest details.

Fri, 10 Oct 2008 21:08:34 EDT

Report finds flaws in SEC Bear Stearns probe

Read full story for latest details.

Sat, 11 Oct 2008 07:38:19 EDT

Obama's small biz rescue plan: The details

Democratic presidential candidate Barack Obama on Friday proposed emergency assistance for small business endangered by America's financial crisis, calling for a "small business rescue plan" of tax incentives and loans.

Fri, 10 Oct 2008 19:52:32 EDT

Local banks fail in Illinois, Michigan

Two regional banks were closed by state regulators Friday as the downturn in the housing market continues to strain local lenders.

Fri, 10 Oct 2008 21:50:19 EDT

U.S. planning to buy bank stocks

Treasury Secretary Henry Paulson said on Friday that the U.S. government was working on a plan to buy stock in financial institutions by using part of the $700 billion authorized by Congress to stabilize the financial system.

Fri, 10 Oct 2008 20:48:25 EDT

G-7: 'Urgent action' needed

Finance ministers from the world's top economies pledged Friday to work together to stabilize global financial markets, but did not provide concrete plans to address the credit chaos sweeping the world.

Fri, 10 Oct 2008 18:18:48 EDT

FDIC limit officially raised to $250,000

Read full story for latest details.

Fri, 10 Oct 2008 14:32:13 EDT

Ford shares slide, CFO to retire

Read full story for latest details.

Fri, 10 Oct 2008 14:24:26 EDT

Why the greenback is on a tear

There's a silver lining in the financial panic of 2008: the surprising strength of the dollar.

Fri, 10 Oct 2008 14:13:27 EDT

House Dems plan second stimulus package

House Democratic leaders are putting together a second economic stimulus package costing as much as $150 billion and are likely to call Congress back shortly after the election to vote on the measure, according to several Democratic leadership aides.

Fri, 10 Oct 2008 13:53:03 EDT

McCain: No mandatory retirement fund sales

Read full story for latest details.

Fri, 10 Oct 2008 13:46:09 EDT

The meltdown's silver lining - cheap oil

As the world loses confidence in the foundations of its economic system, the silver lining may be that oil prices are about to get a whole lot cheaper.

Fri, 10 Oct 2008 16:52:46 EDT

Ford's CFO retires

Read full story for latest details.

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