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Pressure is mounting on the government to revise its bailout of AIG to ensure that taxpayers are repaid as much as possible of the $170 billion lent to the troubled insurer. ...more
March 17, 2009
The free-agency signing period wasn't the only thing that began in the NFL on Friday. The league's trading period began anew as well, and that's the part the Bucs delved into. ...more
February 28, 2009
The day before President-elect Barack Obama takes office, the escalating troubles facing major banks around the world couldn't be clearer. ...more
January 20, 2009
Wall Street joined stock markets around the world in a huge sell-off Friday, sending major market indexes to their lowest levels in more than five years on the belief that a punishing economic recession is at hand. A grim outlook from electronics maker Sony helped trigger the selling, and another bleak forecast from the automaker Daimler added momentum to the drop. ...more
October 25, 2008
NEW YORK - Wall Street surged on a burst of optimism Monday, propelling the Dow Jones industrials up more than 400 points on more signs of a reviving credit market and comments from Federal Reserve Chairman Ben Bernanke. ...more
October 20, 2008
Did stocks "crash"? Some news organizations and investors are hesitating to use the word to describe Wall Street's terrifying sell-off. ...more
October 11, 2008
Did stocks "crash"? Some news organizations and investors are hesitating to use the word to describe Wall Street's terrifying sell-off. ...more
October 10, 2008
Older Americans with investments are among the hardest-hit by the turmoil in the financial markets and have the least opportunity to recover. ...more
September 23, 2008
NEW YORK (AP) -- A stunning makeover of the Wall Street landscape sent stocks falling precipitously Monday, with the Dow Jones industrials sliding 500 points in their worst point drop since the September 2001 terrorist attacks. Investors reacted badly to a shakeup of the financial industry that took out two storied names: Lehman Brothers Holdings Inc. and Merrill Lynch & Co. ...more
September 15, 2008
WASHINGTON - Things in the U.S. sure are tough. Brother, can you spare a euro? Signs saying "We accept euros" are cropping up in the windows of some Manhattan retailers. A Belgium company is trying to gobble up St. Louis-based Anheuser-Busch, the nation's largest brewer and iconic Super Bowl advertiser. ...more
July 6, 2008
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