NEW YORK, Nov. 21, 2008 (Reuters) U.S. stocks stormed higher in a late rally on Friday to cap another volatile week as investors welcomed reports that President-elect Barack Obama has chosen his point person to combat the U.S. economic crisis, instilling confidence about the administration's ability to take action. ... > full story
NEW YORK, Nov. 21, 2008 (Reuters) President-elect Barack Obama will name New York Federal Reserve president Timothy Geithner as his Treasury Secretary, major media reported on Friday, sparking a late-day stock market rally and helping assuage concerns about a power vacuum in Washington. ... > full story
DETROIT/WASHINGTON, Nov. 21, 2008 (Reuters) Detroit automakers began work on the turnaround plans demanded by Congress in return for a possible $25 billion rescue as General Motors Corp said it will cut production more deeply and drop two of its controversial corporate jets. ... > full story
DETROIT/WASHINGTON, Nov. 21, 2008 (Reuters) Detroit automakers began work on the turnaround plans demanded by Congress in return for a possible $25 billion rescue as General Motors Corp said it will cut production more deeply and drop two of its controversial corporate jets. ... > full story
NEW YORK, Nov. 21, 2008 (Reuters) Oil rose slightly on Friday, after falling more than 7 percent the day before, as stock markets recovered from early lows caused by continuing economic gloom. ... > full story
WASHINGTON, Nov. 21, 2008 (Reuters) President George W. Bush on Friday signed into law an extension of unemployment benefits, the White House said. ... > full story
NEW YORK, Nov. 20, 2008 (Reuters) The number of American workers on the unemployment rolls surged to the highest in a quarter century and a regional manufacturing gauge slumped as U.S. economic misery intensified. ... > full story
BOSTON, Nov. 20, 2008 (Reuters) Wall Street's pain is rippling through U.S. small businesses, as bankers who once pulled in million-dollar bonuses lose their jobs and cut back spending on everything from parties to home improvements. ... > full story
WASHINGTON, Nov. 19, 2008 (Reuters) Consumer prices fell at a record pace in October and new-home building slumped to fresh lows, according to government reports on Wednesday that suggested the economy likely is already in a recession that may be long and deep. ... > full story
WASHINGTON, Nov. 18, 2008 (Reuters) Producer prices posted a record decline in October as weak economic growth sent energy prices tumbling and chain store sales slipped, data on Tuesday showed, while home prices fell sharply in the third quarter. ... > full story
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Stocks rally late Nov. 21, 2008 (NBC 13 Rockford (WREX)) Stocks rallied strongly at the end of the session, after a report that President-elect Barack Obama plans to name New York Federal Reserve ...
TSC Ratings' Udates: Aeropostale Nov. 21, 2008 (The Street) The following ratings changes were generated on Friday, Nov. 21. . Related Articles How VCs Are Coping With the DownturnIBM: The Good, the Bad and ...
Geithner possiblity boosts stocks Friday Nov. 21, 2008 (United Press International) U.S. markets surged Friday on reports New York Federal Reserve President Timothy Geithner would likely be chosen as the next Treasury Secretary.. ...
Hedge funds lost $40 billion in October Nov. 21, 2008 (InvestmentNews) The global economic meltdown has walked back the hedge fund industry to where it was at the end of 2006, according to the latest data from Hedge ...