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Oil rallies from 3-1/2-year low

NEW YORK, Nov. 21, 2008 (Reuters) — Oil prices steadied 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

Citi extends plunge as world economy deteriorates

NEW YORK, Nov. 21, 2008 (Reuters) — Amid growing concern that a power vacuum in Washington was contributing to the global financial crisis, shares of U.S. banking giant Citigroup skidded on Friday while legislators and corporate chieftains weighed the fate of the U.S. auto industry. ...  > full story

Food banks see more need, fewer donations

NEW YORK, Nov. 16, 2008 (Reuters) — Jennifer Bingham earned $7.50 an hour packing boxes for a jewelry company, but after a short illness she was fired and had to seek help at a food pantry and women's shelter. ...  > full story

Aiding carmakers not intent of bailout package: White House

ANDREWS AIR FORCE BASE, Md, Nov. 13, 2008 (Reuters) — The White House said on Thursday it was not Congress' intent to use the $700 billion financial rescue package to help ailing U.S. automakers. ...  > full story

Fewer jokes in Obama White House? Comedians wonder

NEW YORK, Nov. 10, 2008 (Reuters) — U.S. President-elect Barack Obama's historic victory does not bode well for comedians who have thrived on jokes about President George W. Bush, experts say. ...  > full story

NYC mayor: Can't afford $400 property tax rebates

NEW YORK, Nov. 5, 2008 (Reuters) — New York City Mayor Michael Bloomberg said on Wednesday he has instructed the finance commissioner not to send out $400 property tax rebates to homeowners because the crisis on Wall Street has cost the city dearly in lost tax revenue. ...  > full story

NYC deficit rises to $4 bln as Wall Street slides

NEW YORK, Nov. 4, 2008 (Reuters) — New York City's budget gap will climb to $4 billion in fiscal 2009 and 2010, an administration official said on Tuesday, underscoring the damage inflicted by Wall Street's financial crisis. ...  > full story

NY mayor wins chance for 3rd term

NEW YORK, Nov. 3, 2008 (Reuters) — Mayor Michael Bloomberg signed a term-limit extension law on Monday that will allow him to run for a third term next year and earn a chance to guide New York City through the global financial crisis. ...  > full story

Wall St demo gets little traction despite Dow drop

NEW YORK, Oct. 24, 2008 (Reuters) — Many Americans may be deeply upset over the financial crisis, worrying about their personal losses and the cost of government bailouts, but they appear a long way away from taking to the streets in anger. ...  > full story

"White-powder" letters hit more banks and N.Y. Times

WASHINGTON, Oct. 22, 2008 (Reuters) — Seven Chase bank branches in Phoenix and the New York Times headquarters in New York received envelopes containing a suspicious white powder on Wednesday as a wave of threatening U.S. mailings spread. ...  > full story
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