AP - FINANCIAL STORM: Federal Reserve Chairman Ben Bernanke vowed to do all that is necessary to protect the national economy from the ill effects of a global credit crunch.
»read more from "Summary Box: Fed chief and the economy (AP)"
31
Aug
AP - FINANCIAL STORM: Federal Reserve Chairman Ben Bernanke vowed to do all that is necessary to protect the national economy from the ill effects of a global credit crunch.
»read more from "Summary Box: Fed chief and the economy (AP)"
31
Aug
Reuters - Bankrupt auto parts maker Delphi Corp
said on Friday it has settled class action lawsuits
by shareholders and employees that grew out of financial
restatements that were the subject of civil fraud charges the
company settled last year.
»read more from "Delphi settles shareholder lawsuits (Reuters)"
31
Aug
FT.com - The FTSE closed at its highest level for three weeks on Friday as investors sought to put a turbulent August behind them.
»read more from "Barclays and mining sector lift Footsie (FT.com)"
31
Aug
Reuters - U.S. stocks surged on Friday as
President Bush and Federal Reserve Chairman Ben Bernanke
reassured investors they would do what was needed to shelter
the economy from market turmoil.
»read more from "Bush and Bernanke remarks drive stock rally (Reuters)"
31
Aug
Reuters - The Federal Reserve on Friday
reassured investors it would take any steps needed to shelter
the U.S. economy from a global credit squeeze, while President
George W. Bush promised to help struggling homeowners refinance
their mortgages.
»read more from "Bush, Bernanke launch twin subprime assault (Reuters)"
31
Aug
Reuters - Inflation was under control in July
and U.S. factories were busier than forecast, according to
economic data released on Friday, but other reports showed U.S.
consumer sentiment worsened in August and the outlook for
economic growth weakened.
»read more from "Inflation in check in July but August outlook weaker (Reuters)"
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