Refinance Rates at 5.5% FIXED! - Sponsored Link
Ad - $160,000 mortgage for $633/mo. No SSN rqd. Get 4 FREE quotes now!more
The case for buying oil stocks
NEW YORK (Fortune) -- Last week, the Paris-based International Energy Agency released its World Energy Outlook 2008 - a 578-page book full of future supply, demand, and price estimates which this year also included an eagerly-awaited study of 800 of themore
Futures rise, with all eyes on Citi
Wall Street poised to bounce back from deep fall on report that financial giant may sell itself. LONDON (CNNMoney.com) -- U.S. stocks looked set to rebound Friday from their recent fall after a report said financial giant Citigroup is considering sellingmore
Asia stocks mixed after Wall Street tumbles
Asian and Pacific stocks turned mixed by midday Friday after tumbling in early trading, struggling for direction after Wall Street slumped on fears of a prolonged recession. Hong Kong's Hang Seng index was up 4.5 percent, and Seoul's KOSPI indexmore
Oil Closes Below $50, Lowest Price Since May 2005
After rising to dizzying heights this summer, the oil market is suffering a hair-raising drop with no apparent end in sight. Oil prices fell to their lowest level in more than three years, falling below $50 a barrel on Thursday, after shedding close tomore
Dow drops 275 points as stock losses accelerate
All three major gauges fall to new 5-1/2 year lows on recession fears. NEW YORK (CNNMoney.com) -- Wall Street slumped Thursday afternoon, as Congress haggled over the fate of the auto industry, Citigroup continued to plummet and stocks flirted with freshmore
Oil Price Falls Below $50 on Weak Consumption
After rising to dizzying heights this summer, the oil market is suffering a hair-raising drop with no apparent end in sight. Oil prices fell to their lowest level in more than three years, falling below $50 a barrel on Thursday, after shedding close tomore
How billions failed to fix UK's car industry
The historic days when Britain was frequently troubled by marauding, ransom-seeking Scandinavian invaders resulted in a rueful proverb 'Once you have paid the Dane-geld you'll never get rid of the Dane.' It is a proverb which should be noted bymore
Oil Price Falls Below $50 as Consumption Remains Weak
Oil prices dropped below $50 a barrel on Thursday for the first time in 22 months, shedding close to $100 in four months as an ailing global economy pares its consumption. The drop in prices comes as stock and bond markets fell because of fears about themore
A Day After Sell-Off, Market Seeks a Course
A day after Wall Street closed at its worst levels in nearly six years, the major exchanges started the day sharply lower as worried investors pulled more money out of financial markets and took cover in safe havens like Treasury bonds and gold.more
On Wall Street, the Slide Continues
A day after Wall Street closed at its worst levels in nearly six years, the flight from stocks continued on Thursday as worried investors pulled more money out of financial markets and took cover in safe havens like Treasury bonds and gold. Uncertaintymore
Treasury yields fall to multi-year lows
Wary investors continue to pile into government debt as the economic outlook darkens. NEW YORK (CNNMoney.com) -- Demand for U.S. Treasury bonds remained robust Thursday, with the yield on the benchmark note falling to a 5-year low, as investors continuemore
Oil Falls Below $50, Lowest Price Since January 2007
deepening losses over the previous four sessions as battered financial markets reflected ever lower confidence in the world economy and evidence mounted of falling fuel demand. Crude oil in New York trading fell $3.71, to $49.91 a barrel, the weakestmore
Safe-haven Treasurys advance
Wary investors continue to pile into government debt as the economic outlook darkens. NEW YORK (CNNMoney.com) -- Demand for U.S. Treasury bonds remained robust Thursday as investors continue to flock to the safety of government debt. With the globalmore
Fears over state of US economy weaken world markets
The increasingly precarious state of the US economy sent stockmarkets into retreat today as Asian markets closed sharply down, with Japan's Nikkei benchmark index falling almost 7%. Shares also tumbled in Hong Kong, South Korea and Australia followingmore
Asian stocks mirror Wall Street plunge
Asian and Pacific stocks tumbled sharply on Thursday after Wall Street finished at its lowest point since Spring 2003. Tokyo's Nikkei index shed 6.9 percent. The market slumped as Japan's Finance Ministry announced a 63.9 billion yen ($663 million)more
Interest rates will fall again, Bank indicates
The Bank of England sent out a clear message today that interest rates would be cut again next month when it revealed that the nine-strong monetary policy committee considered reducing borrowing costs by more than the 1.5 percentage points it announcedmore
Dow Drops Below 8,000 on Latest Economic Data
Shares on Wall Street closed at their lowest levels in five years on Wednesday as hope dimmed in Washington for an emergency bailout of the auto industry. The late-day sell-off came in frenzy amid growing fears of deflation. The Dow Jones settled belowmore
Stocks burdened by automakers
Major indexes slide as investors remain nervous about the future of America's auto industry. Grim economic reports weigh on financials. NEW YORK (CNNMoney.com) -- Stocks fell Wednesday as investors remained on edge about the fate of the nation's automore
Fed posts gloomy outlook for economy, jobs into 2010
WASHINGTON - The Federal Reserve on Wednesday dramatically reduced its forecast for economic growth into 2010, predicting significantly higher unemployment and lower inflation, and suggesting more interest rate cuts are likely. In newly released minutesmore
European markets follow Asian losses
following Asia's lead, but ignoring modest gains on Wall Street. London, Paris and Frankfurt were all down less than 1 percent, while Asian and Pacific markets were mixed but mostly lower. Japan's Nikkei index finished the day down 0.66 percent andmore
Bank voted 9-0 to cut rates to 3%
The Bank of England's interest rate setters voted unanimously to cut interest rates from 4.5% to 3% on 6 November, but considered a bigger cut. The minutes from the meeting show that they decided a bigger cut would risk shocking the markets too much. Butmore
Asian stocks slump despite Wall Street gains
Asian and Pacific stocks slumped in early trading Wednesday despite modest gains on Wall Street. Japan's Nikkei index and Australia's All Ordinaries index each dropped just under 2 percentage points, while Seoul's KOSPI index fell 3.75 percent. Inmore
Bailout in action: Lower lending rates
Lending rates continue downward slide as government initiatives help keep borrowing costs down. Treasury prices trend higher on dour economic news. NEW YORK (CNNMoney.com) -- As Bush administration officials defended the government's response to themore
Stocks seesaw in volatile session
Wall Street struggles as investors eye HP's forecast, as well as Congressional hearings on the bailout and automakers. NEW YORK (CNNMoney.com) -- Blue chips rallied near midday Tuesday after a volatile morning, as investors considered Hewlett-Packard'smore
Oil edges off lows, goes above $55
but global economic slowdown provokes fears of weakening demand. NEW YORK (CNNMoney.com) -- The price of oil inched up Tuesday from a 21-month low as the global economic slowdown continues to raise concerns about waning demand for energy. Light, sweetmore
Consumer inflation falls to 4.5%
High street price rises are rapidly slowing Official figures show that UK inflation fell to 4.5% in October, as oil prices and transport costs fell. The Consumer Prices Index (CPI) measure reached 5.2% in September. This was the highest level for 16more
Consumer inflation set to fall
High street price rises are rapidly slowing Official figures due out later on Tuesday are expected to show that UK inflation fell to 4.8% in October. The Consumer Prices Index (CPI) measure reached 5.2% in September. This was the highest level for 16more