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10981. Michigan voters waver on Obama over race, economy (permalink)
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score: 2, Economy, 2008-09-15 16:00:47, published by USA Today
Michigan's history of racial tensions is tugging against its Democratic tendencies, giving Barack Obama fits in a battleground ... [additional details]
10982. Changes rock Wall Street (permalink)
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score: 2, Economy, 2008-09-15 15:00:40, published by CNN
The venerable Lehman Brothers investment bank says it will file for bankruptcy, while Bank of America unveiled plans to buy Merrill Lynch -- two pieces of news that profoundly alter the American financial landscape. The fast-paced changes threatened to stir up U.S. financial markets already reeling... [additional details]
10983. Greenspan says economy in crisis (permalink)
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score: 2, Economy, 2008-09-14 22:00:45, published by CNN
The U.S. credit squeeze has brought on a "once-in-a-century" financial crisis that is likely to claim more big firms before it eases, former Federal Reserve chief Alan Greenspan said Sunday. [additional details]
10984. US retail sales decline in August (permalink)
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score: 2, Economy, 2008-09-12 17:00:32, published by BBC
US retail sales fall unexpectedly in August, the second monthly decline in a row, increasing concerns about the US economy. [additional details]
10985. Japan's economy sees a sharp fall (permalink)
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score: 2, Economy, 2008-09-12 09:00:33, published by BBC
Japan's economic output records its sharpest quarterly fall in almost seven years as the country appears to be falling into recession. [additional details]
10986. Oil trades around $100 a barrel (permalink)
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score: 2, Economy, 2008-09-11 19:00:48, published by CNN
Oil prices fell Thursday, testing a 5-month low, as the market remained focused on the stronger dollar and slumping demand but also watched the threat that Hurricane Ike poses to the Texas Gulf Coast. [additional details]
10987. Economic gloom depresses the euro (permalink)
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score: 2, Economy, 2008-09-11 11:00:33, published by BBC
The euro hits a fresh one-year low against the US dollar on renewed worries about the health of the European economy. [additional details]
10988. Govt. officials investigated over illicit sex, gifts (permalink)
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score: 2, Economy, 2008-09-10 22:00:48, published by USA Today
Government officials handling billions of dollars in oil royalties engaged in illicit sex with employees of energy companies ... [additional details]
10989. Democrats pushing second stimulus, GOP resisting (permalink)
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score: 2, Economy, 2008-09-10 16:00:49, published by USA Today
With the economy the No. 1 issue just eight weeks from Election Day, majority-party Democrats are trying to push a second stimulus ... [additional details]
10990. Old Mutual loses on Freddie Mac rescue (permalink)
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score: 2, Economy, 2008-09-10 14:00:32, published by BBC
UK-listed South African insurer Old Mutual writes down $135m of stock in the two striken US mortgage giants. [additional details]
10991. Investors sue ex-Fannie Mae execs (permalink)
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score: 2, Economy, 2008-09-09 14:00:33, published by BBC
Four former senior executives at US lender Fannie Mae have been sued by investors in the mortgage firm [additional details]
10992. Stocks surge after mortgage bailout (permalink)
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score: 2, Economy, 2008-09-09 00:00:49, published by CNN
Stocks surged Monday, with the Dow up 290 points and the broader market also gaining as investors breathed a sigh of relief that the government has swooped in to bail out Fannie Mae and Freddie Mac. [additional details]
10993. Congress to revisit fight over offshore oil drilling (permalink)
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score: 2, Economy, 2008-09-08 20:00:45, published by CNN
Lawmakers return to Capitol Hill on Monday to resume their fight over legislation allowing more offshore oil drilling, in a bid to help relieve sky-high gasoline prices that are hurting the economy and infuriating voters. [additional details]
10994. What the Freddie, Fannie rescues mean to you (permalink)
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score: 2, Economy, 2008-09-08 17:00:42, published by CNN
Mortgage applicants rejoice! The federal takeover of Fannie Mae and Freddie Mac will likely translate into lower mortgage rates and greater availability of credit, experts say. CNNMoney.com reports rates could drop by 1 percentage point from the stubbornly-high 6.39 percent for a 30-year fixed rate ... [additional details]
10995. Markets jump on US mortgage deal (permalink)
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score: 2, Economy, 2008-09-08 09:00:09, published by BBC
Financial markets in Asia rally after the US government said it was taking over mortgage giants Freddie Mac and Fannie Mae. [additional details]
10996. Economy card (permalink)
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score: 2, Economy, 2008-09-08 06:00:25, published by BBC
Is global slowdown behind Canada PM's election call? [additional details]
10997. U.S. seizes two mortgage giants (permalink)
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score: 2, Economy, 2008-09-07 19:00:44, published by CNN
Federal officials today announced an extraordinary takeover of troubled mortgage giants Fannie Mae and Freddie Mac, signaling the most dramatic move to date aimed at shoring up the nation's housing market. Freddie and Fannie own half the mortgage debt in the country. Since last summer, they have suf... [additional details]
10998. US takes over key mortgage firms (permalink)
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score: 2, Economy, 2008-09-07 19:00:04, published by BBC
The US government announces plans for the takeover of failing mortgage giants Freddie Mac and Fannie Mae. [additional details]
10999. Key US lenders to face new curbs (permalink)
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score: 2, Economy, 2008-09-06 13:00:27, published by BBC
US officials plan to put troubled mortgage giants Freddie Mac and Fannie Mae under strict federal control, media say. [additional details]
11000. Feds near deal for Fannie, Freddie (permalink)
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score: 2, Economy, 2008-09-06 12:00:46, published by CNN
The Treasury Department is close to finalizing plans to effectively take over beleaguered mortgage buyers Fannie Mae and Freddie Mac, according to a report published Friday. [additional details]
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