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Stocks end mostly higher after mortgage deal - WTOP Radio
Jeffrey Vasquez, right, and fellow traders work on the floor of the New York Stock Exchange after the Federal Reserve interest rate decision, Tuesday Aug. 5, 2008. Wall Street held on to a big advance Tuesday after the Federal Reserve left the ...

Stocks end mostly higher as mortgage deal eases some worries after Wal ... - Chicago Tribune
NEW YORK (AP) — A deal to help head off more mortgage foreclosures pulled Wall Street out of a slump Thursday, giving stocks a mostly higher close. Democratic lawmakers reached an agreement with Citigroup Inc. on a plan to let bankruptcy judges ...

Moderate advance on gold - Contra Costa Times
NEW YORK — Gold prices pulled off a moderate advance Thursday, but other commodities slumped for a second straight day as a profit warning from Wal-Mart Stores Inc. amplified investors' concerns about waning demand for products of all kinds. Gold ...

Fed Begins Buying Mortgage Bonds - Wall Street Journal
The Federal Reserve began buying mortgage bonds guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae, pushing this $5 trillion market further along a path toward recovery in the hope of making home financing more affordable. The Fed, which already ...

CML media note in advance of tomorrow’s MPC decision on interest ... - Politics.co.uk
This month we have received enquiries about what will happen to tracker rates if there is an aggressive cut in Bank rate. Many borrowers on tracker rates are likely to benefit from a reduction in Bank rate. However, as the Bank rate is already very ...

Most U.S. Stocks Gain, Led by Energy Producers; Tesoro Rises - Bloomberg
Jan. 8 (Bloomberg) -- Most U.S. stocks gained as an advance in energy shares and Citigroup Inc.’s agreement to allow some homeowners to avoid foreclosure helped the market erase an early slide spurred by a worsening earnings outlook at retailers ...

Stocks resume advance - CNN Money
NEW YORK (CNNMoney.com) -- Stocks gained Tuesday morning as investors opted to resume the recent rally after a slightly better than expected report on the services sector of the economy. The Dow Jones industrial average gained ( INDU ) 0.8% over an ...

Following in Newton's footsteps - Channel 4 News
Our economics correspondent Faisal Islam blogs on why today's historic interest rate cut raises more questions than it answers. It is an historic decision which takes interest rates in the UK to their lowest since the Bank of England was created ...

Jobless claims dive while mortgage rates ease again - AOL
WASHINGTON (Reuters) - U.S. weekly jobless claims plummeted last week but the improvement was probably a seasonal quirk rather than a turning point for the recession-ravaged labor market. Separate reports on Wednesday on business activity in New York ...

Stocks advance after Fed minutes issued - Seattle Times
The chart below reflects the stock price and the dollar change. NEW YORK — Wall Street advanced today as fresh details from the Federal Reserve on its efforts to combat the recession helped offset disappointing economic reports. With an hour of ...