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Stocks finish lower as investors assess rate cut

Associated Press
Dec 16, 2008 10:00 pm - NEW YORK -- Wall Street finished moderately lower Wednesday, as further signs of economic deterioration dampened investors' earlier enthusiasm about the Federal Reserve'...
Oil tumbles below $40 for first time since 2004

Associated Press
Dec 16, 2008 10:00 pm - PHOENIX -- Oil prices tumbled below $40 for the first time since the summer of 2004 Wednesday despite an announcement from OPEC of a record production cut of 2.2 million...
Gold prices edge higher after Fed rate cut

Dec 16, 2008 10:00 pm - NEW YORK -- Gold prices edged higher Tuesday as the dollar sank against major currencies after the Federal Reserve cut its key interest rate to the lowest level on reco...
Most Asia markets climb after historic U.S. rate cut

Associated Press
Dec 16, 2008 10:00 pm - HONG KONG -- Most Asian markets rose Wednesday after the U.S. Federal Reserve slashed its key interest rate to historic lows in an effort to pull the world's largest ec...
Crude sinks despite talk of production cut

Associated Press
Dec 15, 2008 10:00 pm - Oil prices fell Tuesday after OPEC powerhouse Saudi Arabia said oil production would be cut by 2 million barrels per day to stem declining crude prices. OPEC, expected t...
Stocks surge as Fed pledges broad economic support

Associated Press
Dec 15, 2008 10:00 pm - NEW YORK -- A surprised Wall Street is finishing with enormous gains following the Federal Reserve's decision to slash interest rates to historic lows and pledge broad s...
Oil falls to $44 ahead of OPEC meeting

Associated Press
Dec 14, 2008 10:00 pm - NEW YORK -- Crude oil futures sank Monday ahead of an OPEC meeting where huge production cuts are expected. Light, sweet crude for January on the New York Mercantile Exc...
Stocks end lower as Madoff victim list grows

Associated Press
Dec 14, 2008 10:00 pm - NEW YORK -- Investors sent stocks lower Monday as anxiety over the growing list of firms affected by investment manager Bernard Madoff magnified Wall Street's concerns a...
Stocks close higher amid hope for automaker rescue

Associated Press
Dec 11, 2008 10:00 pm - NEW YORK -- Wall Street put on another impressive show of resilience Friday, rebounding from an early sell-off to end higher after the government said it would assist tr...
Oil pares losses on possible save for Detroit 3

Associated Press
Dec 11, 2008 10:00 pm - COLUMBUS, Ohio -- Oil prices rallied from early lows Friday as the president and the Treasury Department said they were prepared to act if needed to save the U.S. auto i...

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