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Stocks falling as retail sales show steep drop - Monterey County HeraldNEW YORK (AP) — Wall Street tumbled again today after a disappointing retail sales report offered fresh evidence that an intractable freeze in the credit markets since last month has caused cracks in the economy well beyond the banking sector. The ...
IS THIS THE END OF EASY CREDIT? - Monterey County HeraldAn inflatable gorilla beckoned from the roof of Don Brown Chevrolet in St. Louis, servers doled out free bowls of pasta and a salesman urged potential customers to "come on up under the canopy and put your hands on" a new set of wheels. But sitting ...
The bailout runs into a populist backlash - Los Angeles TimesWalter Howard was living in Corona a few years ago, he said, when he realized that the country's financial system was being run by crazy people. How else to explain the working-class folk he kept encountering who were receiving loans of $800,000 ...
Fannie, Freddie rescue binds taxpayers to housing market - Gilroy DispatchThe front door of a home that was foreclosed on is marked with a message Monday, Sept. 8, 2008, in Salt Lake City. The house is now under contract with a buyer. The government takeover of Fannie Mae and Freddie Mac likely will help ease mortgage ...
Bush urges legislators to pass financial bailout bill - Staten Island AdvancePresident Bush urges lawmakers to pass the financial system bailout this morning from the South Lawn of White House. (Associated Press) President Bush urged Congress this morning to pass the compromise financial system bailout bill that leading ...
Wall Street Financial Meltdown: So Who Bailed On The Bailouts? - The Moderate VoiceAnd now the “blame game” begins. Who bailed on the bailout? Who sandbagged a bailout bill that seemed on the verge of just passing? Who most contributed to what will go down in history of as a failure of Washington political leadership, leading ...
EyeVio launched in Japan - Advanced TelevisionSony is launching a video-sharing site in Japan in a first step to challenging YouTube. Sony also hopes to introduce eyeVio abroad, but said it wanted to gauge the reception at home before drawing up an overseas launch schedule. CEO Howard Stringer ...
Looking ahead - USA Today Blogs• President Bush meets with G-7 finance ministers and heads of international finance institutions. They'll make a statement afterward. • Watch for developments out of the meeting of the International Monetary Fund and World Bank. • Russia ...
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