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Banks help push world markets higher

Associated Press
Feb 24, 2009 10:00 pm - LONDON -- World stock markets rose sharply Wednesday after Federal Reserve chairman Ben Bernanke said the U.S. government had no plan to fully nationalize any of the cou...
Stocks up as Bernanke says recession to end in '09

Associated Press
Feb 23, 2009 10:00 pm - NEW YORK -- Federal Reserve Chairman Ben Bernanke has given Wall Street a double dose of reassurance. Now it's President Barack Obama's turn. Bernanke told Congress on T...
Oil falls near $38, following stock markets down

Associated Press
Feb 23, 2009 10:00 pm - VIENNA -- Ten-year lows for U.S. stock indexes dragged oil prices to levels near $38 a barrel Tuesday as a loss of investor confidence in global economic recovery swept ...
World markets down amid US banking woes

Associated Press
Feb 23, 2009 10:00 pm - LONDON -- World stock markets traded lower Tuesday on mounting concerns about the U.S. banking system and renewed fears about the capital position of leading financial f...
OPEC cuts fail to boost oil prices

Associated Press
Feb 22, 2009 10:00 pm - NEW YORK -- Oil prices tumbled below $39 a barrel Monday as traders shrugged off reports that OPEC had slashed production, focusing instead on falling stock prices. Ligh...
Major stock market indexes fall to 1997 levels

Associated Press
Feb 22, 2009 10:00 pm - Investors unable to extinguish their worries about a recession that has no end in sight dumped stocks again Monday. The Dow Jones industrial average tumbled 251 points t...
Credit card defaults could hit banks hard

By Hugh Son Bloomberg News
Feb 19, 2009 10:00 pm - Credit-card defaults may rise beyond 10 percent this year, breaking records and wiping out more than half of annual profit for lenders including Bank of America Corp. an...
Stocks tumble but close well off lows

Associated Press
Feb 19, 2009 10:00 pm - NEW YORK -- Despairing investors keep unloading stocks -- and there are no signs that the selling will end anytime soon. Wall Street tumbled again Friday, giving the mar...
World stocks slide after Dow posts 6-year low

Associated Press
Feb 19, 2009 10:00 pm - LONDON -- World stock markets fell sharply Friday as the selling pressure on Wall Street was expected to continue at the open later amid pessimism about the ability of g...
Oil falls below $38, reversing big overnight gain

Associated Press
Feb 19, 2009 10:00 pm - NEW YORK -- Oil prices fell Friday as investors watched Wall Street tumble and found little evidence that the global appetite for oil will increase anytime soon. Light, ...

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