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Oil sheds more than $9 to hit 13-month low - Fri, 10 Oct 2008 15:35:24 EDT |
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Oil prices plunged to a 13-month low Friday, following steep stock market declines, as investors worried that the weakening global economy was driving down demand for fuel worldwide.
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August trade deficit falls to $59.1B - Fri, 10 Oct 2008 09:16:42 EDT |
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The meltdown's silver lining - cheap oil - Fri, 10 Oct 2008 13:50:22 EDT |
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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.
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Global oil demand to weaken - forecast - Fri, 10 Oct 2008 15:34:14 EDT |
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Dollar climbs on global market rout - Fri, 10 Oct 2008 16:54:12 EDT |
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The dollar rose against the euro and the pound Friday, with the British currency falling to its lowest level in five years as global markets remain shaky.
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Europe: The new Wall Street? - Tue, 07 Oct 2008 07:32:25 EDT |
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Leverage, the menace that helped bring down some of the biggest names on Wall Street, is now threatening the health of big banks across the Atlantic.
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Some optimism for global markets - Thu, 09 Oct 2008 06:45:23 EDT |
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European markets opened higher and Asian stocks ended mixed Thursday, a day after a worldwide drubbing over continuing fears of an economic slowdown.
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Iceland suspends trading for 2 days - Thu, 09 Oct 2008 10:03:53 EDT |
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Canadian pol criticizes banks - Thu, 09 Oct 2008 14:19:15 EDT |
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Daimler will add 1,000 jobs next year - Thu, 09 Oct 2008 14:37:13 EDT |
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London keeps up appearances, for now - Thu, 09 Oct 2008 16:55:17 EDT |
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Well, at least The City looks good.
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Dollar climbs as risk appetite evaporates - Thu, 09 Oct 2008 15:44:56 EDT |
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The U.S. dollar rose against the euro and the pound Thursday, but fell back below ¥100 as investor's appetite for risk was ruined by falling stock prices.
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OPEC to hold emergency meeting - Thu, 09 Oct 2008 13:38:18 EDT |
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Mexico unveils plan to stave off crunch - Wed, 08 Oct 2008 21:25:23 EDT |
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Mexican President Felipe Calderon laid out a plan Wednesday to help his country avoid or mitigate the effects of the economic uncertainty besetting other nations.
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Global CEOs brace for the worst - Thu, 09 Oct 2008 16:53:19 EDT |
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Forget bolstering consumer and investor confidence. Governments and central banks may need to figure out a way to boost CEO confidence, too.
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Euro banks add more liquidity - Thu, 09 Oct 2008 03:57:50 EDT |
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French-Belgian bank aided again - Thu, 09 Oct 2008 05:00:12 EDT |
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