Markets
-
Oil slips below $35 as demand for crude wanes
Feb 16, 2009 10:00 pm - HOUSTON -- A new batch of lousy economic news dragged oil prices down nearly 8 percent Tuesday, as signs from across the globe pointed to a prolonged and painful recessi...
-
Oil edges higher on OPEC talk of more output cuts
Feb 15, 2009 10:00 pm - LONDON -- Oil prices rose to near $38 a barrel Monday as OPEC members said over the weekend they were considering more production cuts to adjust to weakening global dema...
-
U.S. idle but world markets fall
Feb 15, 2009 10:00 pm - LONDON - World markets fell Monday, after new figures showed Japan's economy contracted at its quickest pace in 35 years and a weekend summit of Group of Seven finance m...
-
Oil climbs above $34 on aid reports
Feb 12, 2009 10:00 pm - VIENNA -- Reports that the U.S. government may subsidize mortgage payments pushed oil prices above $34 a barrel Friday after investor skepticism about the U.S. stimulus ...
-
Stocks decline as world finance ministers meet
Feb 12, 2009 10:00 pm - NEW YORK - Investors sent Washington a message this week: They won't commit to stocks until the government commits to a plan. Stocks ended lower Friday, pushing the Dow ...
-
World markets rise after Wall Street bounceback
Feb 12, 2009 10:00 pm - LONDON -- World stock markets rose Friday, boosted by a late turnaround on Wall Street and renewed hopes about government economic stimulus plans as Group of Seven finan...
-
Credit card protections considered by lawmakers
Feb 12, 2009 10:00 pm - NEW YORK - Swiping your credit card would come with dramatic new protections under regulations considered by Congressional lawmakers Thursday. Among the industry practic...
-
World stocks sag on concerns about Obama plans
Feb 11, 2009 10:00 pm - LONDON -- World stock markets fell Thursday amid pessimism about the Obama administration's plans to fix the U.S. banking system and restore the overall health of the wo...
-
Stocks mixed after report of mortgage subsidies
Feb 11, 2009 10:00 pm - NEW YORK -- The stock market has made a late-day comeback, hoping that homeowners will get more help with their mortgages. A Reuters report that the government plans to ...
-
Oil slides toward multiyear lows
Feb 11, 2009 10:00 pm - COLUMBUS, Ohio -- Oil prices slid closer to a new multiyear low Thursday because of growing doubts that the $789 billion stimulus package will reinvigorate the U.S. econ...