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Global stocks gain, dollar rises towards 2008 peak

LONDON, Aug. 20, 2008 (Reuters) — World stocks edged higher on Wednesday after the previous day's tumble to their lowest level in almost two years attracted some buyers, while rebounding commodity prices helped resource shares. ...  > full story

New rules would help Wall Street: Obama adviser

WASHINGTON, Aug. 11, 2008 (Reuters) — Barack Obama sees an overhaul of Wall Street regulations as crucial to restoring trust in U.S. markets and could move early on it if he wins the White House, according to a senior adviser. ...  > full story

Paulson says won't stay at Treasury past January

WASHINGTON, Aug. 10, 2008 (Reuters) — U.S. Treasury Secretary Henry Paulson said in an interview aired on Sunday he had no interest in staying in his post beyond January when a new administration takes office. ...  > full story

Freddie posts 4th straight quarterly loss and slashes dividend

NEW YORK, Aug. 6, 2008 (Reuters) — Freddie Mac , one of the major players in the U.S. mortgage market, on Wednesday posted its fourth straight quarterly loss as it braced for a prolonged housing market slump by setting aside twice as much money for bad loans and cutting its dividend by at least 80 percent. ...  > full story

What the Fed is considering at its Aug meeting

NEW YORK, Aug. 4, 2008 (Reuters) — Wall Street widely expects the U.S. Federal Reserve to keep short-term benchmark interest rates unchanged on Tuesday as the central bank grapples with a faltering economy, shaky financial system and higher prices. ...  > full story

Bush signs housing bill as Fannie Mae grows

WASHINGTON, July 30, 2008 (Reuters) — U.S. President George W. Bush on Wednesday signed into law a sweeping rescue package aimed at resurrecting the housing market from its worst slump since the Great Depression and stabilizing the two largest mortgage finance companies. ...  > full story

Obama meets Bernanke to discuss economy

WASHINGTON, July 29, 2008 (Reuters) — Democratic presidential candidate Barack Obama met Federal Reserve Chairman Ben Bernanke on Tuesday afternoon to discuss the U.S. economy and how to bolster it. ...  > full story

Obama, Paulson agree on restoring GSE confidence

WASHINGTON, July 29, 2008 (Reuters) — U.S. Treasury Secretary Henry Paulson and Democratic presidential candidate Barack Obama agreed on Tuesday that Washington must restore confidence in mortgage finance giants Fannie Mae and Freddie Mac, Obama's spokesman said. ...  > full story

Obama to discuss economy with Bernanke: campaign

WASHINGTON, July 29, 2008 (Reuters) — U.S. Democratic presidential candidate Barack Obama will meet with Federal Reserve Chairman Ben Bernanke on Tuesday afternoon to discuss the U.S. economy and Obama's proposals to bolster it, a campaign aide said. ...  > full story

Wall Street analysts see bigger 2008 loss for Merrill

BANGALORE, July 29, 2008 (Reuters) — Several analysts, including Oppenheimer's Meredith Whitney, widened their loss view on Merrill Lynch, after the Wall Street investment bank and brokerage said it will take a $5.7 billion third-quarter writedown as it unloads risky debt and raises $8.5 billion in capital. ...  > full story
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