Latest Business News
Global Economy Withers as Bush Administration Dithers
New York City :: NY :: USA | Oct 12, 5:56 AM | Business News
Posted by
MarcusCato 
According to the New York Times, the Bush Administration has lost valuable time in coming to grips with the American financial crisis for ideological reasons. The rot started when the US Treasury decided not to use taxpayer money to save...
15 news stories / 2 blog posts / 2 images / 14 videos / 8 voices
Gas down almost 6 cents, nearing $3
New York City :: NY :: USA | Oct 11, 8:28 AM | Business News
Posted by
politicaljunkie
NEW YORK (CNNMoney.com) -- Gasoline prices fell nearly 6 cents a gallon, coming within 30 cents of $3, according to a daily survey of credit card swipes. The decline comes as oil prices get roiled by anxiety over weakening demand...
11 news stories / 4 blog posts / 1 image / 22 videos / 0 voices
Basra considers establishing a maritime region
Baghdad :: Iraq | Oct 11, 2:10 AM | Business News
Posted by
Alsumaria
Basra governor Mohammed Mosbih Al Waili noted that specialized parties in the province are studying an investment project to establish a maritime region in Basra that holds in all investment and social ports. He added that some international companies have...
5 news stories / 0 blog posts / 3 images / 3 videos / 1 voice
Financial Crisis threatens to become the Perfect Storm
New York City :: NY :: USA | Oct 07, 8:45 AM | Business News
Posted by
MarcusCato
According to the NYT, when the Bush administration brought out its $700 billion bailout two weeks ago, its sheer size was meant to restore confidence nationally and globally. But only three days after the plan became law, “it looks like...
46 news stories / 9 blog posts / 26 images / 20 videos / 18 voices
Credit crunch sees Ireland’s banking UDI
Wexford :: Ireland | Oct 02, 12:52 PM | Business News
Posted by
JoeRyan
Ireland’s parliament has passed all stages of a bill to guarantee the loans of all Irish Banks as the international credit crunch bites. Ireland’s lower and upper houses (Dail & Seánad) sat through the night for the first time in...
50 news stories / 6 blog posts / 4 images / 28 videos / 3 voices
Illinois Sheriff suspends mortgage foreclosures
Chicago :: IL :: USA | Oct 08, 10:39 PM | Business News
Posted by
Roxanne Weber
An Illinois Sheriff has decided enough is enough! He's suspending mortgage foreclosures until, he claims, mortgage companies start to do their homework and work with people, instead of paper. Considering the current financial crisis, will this be a new trend?...
24 news stories / 7 blog posts / 3 images / 5 videos / 3 voices
Despite passage of bailout bill DOW still falls over 150 points
New York City :: NY :: USA | Oct 04, 1:30 PM | Business News
Posted by
Roxanne Weber
[poll: Will the bailout help? ] Despite all the warnings from Congress, the President, mainstream media and of course the banking industry, that the bailout package was a "necessary evil" to cure the ills of the Wall Street financial mess,...
15 news stories / 8 blog posts / 26 images / 20 videos / 4 voices
Terror as Iceland faces economic collapse
Yuba City :: CA :: USA | Oct 07, 6:09 PM | Business News
Posted by
michael144
The Icelandic Government seized control of the country’s biggest banks last night in an attempt to fend off wholesale economic collapse. Turmoil at the banks, whose shares were suspended by the Government yesterday afternoon, had sparked panic in the tiny...
30 news stories / 9 blog posts / 9 images / 10 videos / 4 voices
Big drop predicted for global auto sales
New York City :: NY :: USA | Oct 09, 2:26 PM | Business News
Posted by
news24hours
As U.S. and European auto markets will see further declines, J.D. Power predicts growth will slow in developing nations. NEW YORK (CNNMoney.com) -- As the economic downturn continues to hit consumers' wallets, market analysis firm J.D. Power is predicting even...
29 news stories / 0 blog posts / 2 images / 2 videos / 2 voices
Oil prices continue lower
Islamabad :: Pakistan | Oct 09, 6:24 AM | Business News
Posted by
qasmi83
SINGAPORE: Oil prices continued lower Thursday on fears of slowing world energy demand despite government efforts to bail out the ailing global financial system, analysts said. New York's main contract, light sweet crude for delivery in November, fell 63 cents...
50 news stories / 7 blog posts / 0 images / 24 videos / 0 voices
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Roxanne Weber
Sioux Falls :: SD :: USA
Member since Sep 01, 2008
Latest news: Palin no longer feelin' the love of Hockey fans (...
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Latest news: Global Economy Withers as Bush Administration ...
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