Markets
-
Experts say don't panic at stocks' wild ride, but be cautiousSep 16, 2008 11:00 pm - Mount Prospect certified financial planner James Platania says he's seen a typical reaction from investors in his 26 years in the business. They hate losing money. But w...
-
Oil spikes $6 on safe-haven buying, weak dollar
Sep 16, 2008 11:00 pm - NEW YORK -- Oil prices shot up $6 a barrel Wednesday, rebounding as fears of a spreading crisis in the U.S. financial sector sent skittish investors scrambling out of st...
-
Despite crisis, Freddie, Fannie serve a purposeSep 16, 2008 11:00 pm - WASHINGTON -- As soon as I heard about the federal government's takeover of Fannie Mae and Freddie Mac, I began wondering what this will mean for homeowners long-term. F...
-
Bank of Japan injects money to help calm crisis
Sep 15, 2008 11:00 pm - TOKYO _ The Bank of Japan injected 2.5 trillion yen (US$24 billion) into markets Tuesday as Japan scrambled to calm fears about a financial crisis after U.S. investment...
-
Oil prices continue to sink
Sep 15, 2008 11:00 pm - NEW YORK -- Oil prices extended their retreat Tuesday, shedding $10 a barrel in a violent, two-day slide as tumult on Wall Street dims hopes for a swift economic recover...
-
Stocks end higher after Fed keeps rates unchanged
Sep 15, 2008 11:00 pm - NEW YORK -- Wall Street ended another tumultuous session with a sizable gain Tuesday, partly recovering from its worst sell-off in years after the Federal Reserve said i...
-
Stocks have worst finish since 9/11
Sep 14, 2008 11:00 pm - NEW YORK -- A stunning makeover of the Wall Street landscape sent stocks falling precipitously Monday, with the Dow Jones industrials sliding 500 points in their worst p...
-
Oil tumbles on low Ike damage
Sep 14, 2008 11:00 pm - NEW YORK -- Oil prices tumbled to a seven-month low Monday as the demise of Lehman Brothers and the sale of Merrill Lynch fed expectations of another big liquidation of ...
-
Stocks fluctuate as energy rises, financials fall
Sep 11, 2008 11:00 pm - NEW YORK -- Stocks finished another volatile session narrowly mixed Friday, as gains in the energy, utilities and materials sectors helped offset some of Wall Street's a...
-
Oil rises as Ike bears down on Texas coast
Sep 11, 2008 11:00 pm - NEW YORK -- Gasoline prices jumped at the wholesale level Friday as Hurricane Ike swept through Gulf of Mexico, prompting companies along the Texas coast to shut down re...