Markets
-
Weak health care stocks drag market lower
Feb 25, 2009 10:00 pm - NEW YORK -- This time, health care stocks bore the brunt of investors' wrath. Health insurers and drug companies, some of the better performers on Wall Street lately, le...
-
Oil prices jump after DOE inventory report
Feb 24, 2009 10:00 pm - NEW YORK -- Oil prices jumped above $42 per barrel Wednesday as a government report showed demand for gasoline is on the rise and that crude inventories have not grown a...
-
Stocks show some resilience
Feb 24, 2009 10:00 pm - NEW YORK - Wall Street ended a choppy session with a loss Wednesday, but showed its resilience as investors heard answers to some of their big questions about banks. The...
-
Banks help push world markets higher
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
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
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
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
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
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 hardFeb 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...