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10981. Bush seeks $700 billion for bailout (permalink)
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score: 2, Economy, 2008-09-20 18:00:42, published by CNN
The Bush administration has asked Congress for the authority to spend as much as $700 billion to purchase troubled mortgage assets. Bush today expressed confidence that the proper steps have been taken to guide the economy toward recovery. "It is a big package because it's a big problem," he told re... [additional details]
10982. Government asks Congress for $700B for bailout (permalink)
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score: 2, Economy, 2008-09-20 17:00:55, published by USA Today
The Bush administration is asking Congress to let the government buy $700 billion in bad mortgages as part of the largest financial ... [additional details]
10983. US debt rescue plan takes shape (permalink)
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score: 2, Economy, 2008-09-20 11:00:04, published by BBC
Details emerge of a US plan to rescue the country's financial system, with an $800bn fund to bail out its mortgage market. [additional details]
10984. Mexico plans anti-kidnap police (permalink)
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score: 2, Economy, 2008-09-20 04:00:28, published by BBC
Mexico's finance minister says that violence and crime is affecting the economy, cutting growth by 1%. [additional details]
10985. Wall St. runs through small-town square (permalink)
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score: 2, Economy, 2008-09-19 23:00:42, published by CNN
As the sun comes up over the town square in this rural borough of 18,000 people, you could be excused for thinking, at least for a moment, that the American economy is at its robust peak. [additional details]
10986. McCain to Minn.: 'Country first or Obama first' (permalink)
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score: 2, Economy, 2008-09-19 22:00:56, published by USA Today
Republican John McCain is casting himself as candidate most able to turn around an economy wracked by unnerving failures on Wall ... [additional details]
10987. Candidates step up efforts on economy (permalink)
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score: 2, Economy, 2008-09-19 22:00:51, published by USA Today
Republican John McCain said Friday the Federal Reserve should stop bailing out the nation's failing financial institutions, while ... [additional details]
10988. Billions needed to rescue economy (permalink)
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score: 2, Economy, 2008-09-19 21:00:40, published by CNN
Treasury Secretary Henry Paulson on Friday didn't mince words when it came to the cost of his latest proposal to stem the credit crisis. [additional details]
10989. Stocks rally as feds act (permalink)
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score: 2, Economy, 2008-09-19 19:00:40, published by CNN
Stocks spiked Friday morning, briefly sending the Dow up almost 450 points, as the government's actions to help rescue banks from toxic mortgage debt reassured investors at the end of a gut-churning week on Wall Street. [additional details]
10990. Rescue plan to cost 'hundreds of billions' (permalink)
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score: 2, Economy, 2008-09-19 18:00:41, published by CNN
Treasury Secretary Henry Paulson today outlined what he called a "bold approach" to confront the nation's financial crisis. "We're talking hundreds of billions" of dollars, he said. Paulson added the "financial security of all Americans ... depends on our ability to restore our financial institution... [additional details]
10991. McCain outlines plans for economy (permalink)
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score: 2, Economy, 2008-09-19 17:00:54, published by USA Today
The Federal Reserve needs to get out of the business of bailouts, Sen. John McCain said Friday as he outlined a series of steps ... [additional details]
10992. Shares surge on US bail-out plan (permalink)
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score: 2, Economy, 2008-09-19 14:00:33, published by BBC
Shares in London surge following US government proposals to free US banks from billions of dollars of bad debt. [additional details]
10993. Advisers give clue to candidates on economy (permalink)
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score: 2, Economy, 2008-09-19 07:00:50, published by USA Today
How would Barack Obama or John McCain really respond to the nation's financial turmoil? For a clue, check out their economic ... [additional details]
10994. What we are giving up to cope with economy (permalink)
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score: 2, Economy, 2008-09-19 04:00:44, published by CNN
iReporters responded in big numbers when asked what they are giving up to help cope with economic woes. Amanda Scott gave up her dogs. A New Mexico iReporter gave up cable TV, land-line phones, kids' allowances, movies and eating out. But Marcia Barton says she's not cutting back, thanks to living f... [additional details]
10995. Government working on rescue for banks (permalink)
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score: 2, Economy, 2008-09-19 04:00:39, published by CNN
The federal government is poised to take a more central role in resolving the credit crisis by providing a way for banks to get rid of mortgage-related assets that have been hard to value and harder to trade. Leaders from the House and the Senate were briefed late Thursday by Treasury Secretary Henr... [additional details]
10996. Dems economic stimulus bill falters in House (permalink)
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score: 2, Economy, 2008-09-18 23:00:51, published by USA Today
A Democratic plan to inject $50 billion or so into the economy through a second stimulus bill faltered Thursday and House Speaker ... [additional details]
10997. Trump down on economy, up on McCain (permalink)
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score: 2, Economy, 2008-09-18 21:00:46, published by CNN
Central banks around the world are pumping billions of dollars into money markets in a coordinated bid to calm global financial upheaval. [additional details]
10998. Central banks pump up the dollars (permalink)
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score: 2, Economy, 2008-09-18 19:00:41, published by CNN
The Federal Reserve and five other central banks around the globe announced joint efforts early Thursday to try to pump an additional $180 billion into the battered global financial system. [additional details]
10999. Bush cancels fundraising trip to deal with economy (permalink)
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score: 2, Economy, 2008-09-18 16:00:58, published by USA Today
With the financial markets in turmoil, President Bush canceled a planned trip to Alabama and Florida on Thursday to consult with ... [additional details]
11000. Banks team up to calm credit markets (permalink)
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score: 2, Economy, 2008-09-18 15:00:39, published by CNN
Central banks around the world are pumping billions of dollars into money markets in a coordinated bid to calm global financial upheaval. The package of up to $247 billion comes from the U.S. Federal Reserve, the European Central Bank, the Swiss National Bank, the Bank of England, the Bank of Canada... [additional details]
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