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Financial System Suffers Relapse
The financial system, which had recently shown glimmers of improvement, is unraveling again.
Financial Winners & Losers: Citigroup
Shares of national banks plunged Friday amid concerns that the government's financial rescue plan won't be sufficient to cover future losses.
Emerging Markets Report: Latvia turns to IMF, EU for financial support
Latvia is seeking financial support from the International Monetary Fund and the European Union, as the small Baltic nation struggles to maintain its fixed exchange rate, stabilize its banking system and revive its ailing economy.
Paulson defends handling of U.S. financial crisis
SIMI VALLEY, California (Reuters) - Treasury Secretary Henry Paulson on Thursday defended his handling of the financial crisis but refused to say whether any further help will be offered to struggling bank Citigroup.
Financial crisis drives up interest in economics
Stocks are down, down, down. But student interest in economics appears to be trending upward. The financial crisis has made "the dismal science" more relevant and immediate to many high school and college students, and they are suddenly paying closer...
Financial Crisis Stirring Interest In Economics
Stocks are down, down, down. But student interest in economics appears to be trending upward. The financial crisis has made the subject more relevant and immediate to many high school and college students, and they are suddenly paying closer attention in class.
Financial Job Losses May Double to 350,000 by 2009 (Update1)
Nov. 21 (Bloomberg) -- The bloodletting in the financial- services industry will accelerate in coming months, with job cuts doubling to about 350,000 worldwide by mid-2009, said Brian Sullivan , chief executive officer of search firm CTPartners.
FDIC approves program to guarantee banks' debt, deposits as part of financial rescue
WASHINGTON (AP) - The FDIC will guarantee up to $1.4 trillion in U.S. banks' debt for more than three years as part of the government's financial rescue plan.
Financial crisis drives up interest in economics
(By SAMANTHA GROSS, Associated Press Writer) Stocks are down, down, down. But student interest in economics appears to be trending upward. The financial crisis has made "the dismal science" more relevant and immediate to many high school and college students, and they are suddenly paying closer attention in class. "Now we can actually see the examples while they happen, instead of relying on ...
Chile, Mexico presidents oppose protectionism in response to international financial crisis
SANTIAGO, Chile - The presidents of Chile and Mexico say protectionism won't solve this global financial crisis. Mexican President Felipe Calderon calls it "the wrong way to face our problems."
Financial crisis drives up interest in economics
Stocks are down, down, down. But student interest in economics appears to be trending upward. The financial crisis has made "the dismal science" more relevant and immediate to many high school and college students, and they are suddenly paying closer attention in class. "Now we can actually see the examples while they happen, instead of relying on history. It's been the most engaging class ...
Rising interest: The financial crisis is a textbook lesson for economics students
NEW YORK - Stocks are down, down, down. But student interest in economics appears to be trending upward. The financial crisis has made "the dismal science" more relevant and immediate to many high school and college students, and they are suddenly paying closer attention in class.
Study: Mo. public pension system faces ?financial challenges?
Missouri?s public pension system faces serious long-term financial challenges, a new study says.
FERC Plans Conference On Power Plants And Financial Markets
WASHINGTON -(Dow Jones)- U.S. federal regulators plan to hold a public conference in January to focus on how troubles in the financial markets are affecting the electric power industry.
Financial And Social Value Of Investing In Medical Research
A study commissioned by three leading scientific institutions has demonstrated substantial financial and social benefits from investment in medical research.
Stocks show moderate advance after sell-off as energy, technology and financial stocks advance
NEW YORK (AP) - Wall Street took a break from two days of steep selling to show a moderate advance Friday as energy, technology and financial stocks mostly rose.
Financial Woes Hinder Gazprom, TNK-BP Gas Field Deal
OAO Gazprom's plan to buy TNK-BP Holdings' controlling stake in a strategically important Russian gas field called Kovykta is being hindered by the financial crisis as the Russian giant is struggling to come up with the necessary cash up front, people familiar with the situation told Dow Jones Newswires Friday.
Boys and Girls Club gets big boost from Toyota Financial Services
The Guadalupe branch of the Boys and Girls Clubs of the East Valley held its annual Thanksgiving dinner Thursday night, and with the help of Toyota Financial Services, there was much for which to be thankful.
Downey Financial could be next bank casualty
Mortgage losses have weakened the S & L to the point that there's little hope it can win government bailout funds, observers say. Reeling from mortgage loan losses, Downey Financial Corp. warned last week that its choices were stark: Raise capital or risk a government takeover.
News roundup: Financial crisis continues; ships avoid Suez
Good morning. It's Friday. Slate says the nation's major newspaper lead with the latest bad news from Wall Street, where the Dow fell to its lowest level since 1997. "The credit markets seized up as confidence in the nation?s financial system ebbed and people rushed to put money in Treasuries, the safest of investments," The New York Times reports. "Some markets are now back to where they were ...
The financial system, which had recently shown glimmers of improvement, is unraveling again.
Financial Winners & Losers: Citigroup
Shares of national banks plunged Friday amid concerns that the government's financial rescue plan won't be sufficient to cover future losses.
Emerging Markets Report: Latvia turns to IMF, EU for financial support
Latvia is seeking financial support from the International Monetary Fund and the European Union, as the small Baltic nation struggles to maintain its fixed exchange rate, stabilize its banking system and revive its ailing economy.
Paulson defends handling of U.S. financial crisis
SIMI VALLEY, California (Reuters) - Treasury Secretary Henry Paulson on Thursday defended his handling of the financial crisis but refused to say whether any further help will be offered to struggling bank Citigroup.
Financial crisis drives up interest in economics
Stocks are down, down, down. But student interest in economics appears to be trending upward. The financial crisis has made "the dismal science" more relevant and immediate to many high school and college students, and they are suddenly paying closer...
Financial Crisis Stirring Interest In Economics
Stocks are down, down, down. But student interest in economics appears to be trending upward. The financial crisis has made the subject more relevant and immediate to many high school and college students, and they are suddenly paying closer attention in class.
Financial Job Losses May Double to 350,000 by 2009 (Update1)
Nov. 21 (Bloomberg) -- The bloodletting in the financial- services industry will accelerate in coming months, with job cuts doubling to about 350,000 worldwide by mid-2009, said Brian Sullivan , chief executive officer of search firm CTPartners.
FDIC approves program to guarantee banks' debt, deposits as part of financial rescue
WASHINGTON (AP) - The FDIC will guarantee up to $1.4 trillion in U.S. banks' debt for more than three years as part of the government's financial rescue plan.
Financial crisis drives up interest in economics
(By SAMANTHA GROSS, Associated Press Writer) Stocks are down, down, down. But student interest in economics appears to be trending upward. The financial crisis has made "the dismal science" more relevant and immediate to many high school and college students, and they are suddenly paying closer attention in class. "Now we can actually see the examples while they happen, instead of relying on ...
Chile, Mexico presidents oppose protectionism in response to international financial crisis
SANTIAGO, Chile - The presidents of Chile and Mexico say protectionism won't solve this global financial crisis. Mexican President Felipe Calderon calls it "the wrong way to face our problems."
Financial crisis drives up interest in economics
Stocks are down, down, down. But student interest in economics appears to be trending upward. The financial crisis has made "the dismal science" more relevant and immediate to many high school and college students, and they are suddenly paying closer attention in class. "Now we can actually see the examples while they happen, instead of relying on history. It's been the most engaging class ...
Rising interest: The financial crisis is a textbook lesson for economics students
NEW YORK - Stocks are down, down, down. But student interest in economics appears to be trending upward. The financial crisis has made "the dismal science" more relevant and immediate to many high school and college students, and they are suddenly paying closer attention in class.
Study: Mo. public pension system faces ?financial challenges?
Missouri?s public pension system faces serious long-term financial challenges, a new study says.
FERC Plans Conference On Power Plants And Financial Markets
WASHINGTON -(Dow Jones)- U.S. federal regulators plan to hold a public conference in January to focus on how troubles in the financial markets are affecting the electric power industry.
Financial And Social Value Of Investing In Medical Research
A study commissioned by three leading scientific institutions has demonstrated substantial financial and social benefits from investment in medical research.
Stocks show moderate advance after sell-off as energy, technology and financial stocks advance
NEW YORK (AP) - Wall Street took a break from two days of steep selling to show a moderate advance Friday as energy, technology and financial stocks mostly rose.
Financial Woes Hinder Gazprom, TNK-BP Gas Field Deal
OAO Gazprom's plan to buy TNK-BP Holdings' controlling stake in a strategically important Russian gas field called Kovykta is being hindered by the financial crisis as the Russian giant is struggling to come up with the necessary cash up front, people familiar with the situation told Dow Jones Newswires Friday.
Boys and Girls Club gets big boost from Toyota Financial Services
The Guadalupe branch of the Boys and Girls Clubs of the East Valley held its annual Thanksgiving dinner Thursday night, and with the help of Toyota Financial Services, there was much for which to be thankful.
Downey Financial could be next bank casualty
Mortgage losses have weakened the S & L to the point that there's little hope it can win government bailout funds, observers say. Reeling from mortgage loan losses, Downey Financial Corp. warned last week that its choices were stark: Raise capital or risk a government takeover.
News roundup: Financial crisis continues; ships avoid Suez
Good morning. It's Friday. Slate says the nation's major newspaper lead with the latest bad news from Wall Street, where the Dow fell to its lowest level since 1997. "The credit markets seized up as confidence in the nation?s financial system ebbed and people rushed to put money in Treasuries, the safest of investments," The New York Times reports. "Some markets are now back to where they were ...
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