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Treasury mulls plan to lower mortgage rates to 4.5%   more similar news »
Lobbyists are pushing the Treasury Department to consider a plan to purchase mortgage-backed securities in the hopes of driving mortgage rates to as low as 4.5%, an industry source said.
Wed Dec 03, 2008
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United plans to furlough 1,088 workers   more similar news »
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Wed Dec 03, 2008
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State Street to slash up to 1,800 jobs   more similar news »
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Wed Dec 03, 2008
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Stocks gain for 2nd session   more similar news »
Stocks rallied Wednesday, finding momentum at the end of a volatile session in which investors considered a rash of weak economic reports but opted to scoop up select stocks anyway.
Wed Dec 03, 2008
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Fed paints dreary economic picture   more similar news »
Economic conditions deteriorated further across the nation, according to the Federal Reserve's latest snapshot, suggesting the U.S. central bank may continue to lower interest rates in the near future.
Wed Dec 03, 2008
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One in 3 toys is toxic, group says   more similar news »
One in three toys tested was found to contain toxic chemicals such as lead, flame retardants and arsenic, according to a report issued Wednesday by an environmental group.
Wed Dec 03, 2008
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Dollar rises against euro, pound, yen   more similar news »
The U.S. dollar gained against most major currencies Wednesday, ahead of expected interest rate cuts by European central banks this week and amid volatile global equity markets.
Wed Dec 03, 2008
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Weakened labor market hits small biz   more similar news »
For the second month in a row, employment among small businesses is down, according to estimates from payroll processor ADP. The drop marks the first time since early 2002 that the nation's most resilient job sector has shown two consecutive months of contraction.
Wed Dec 03, 2008
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Holiday sales: Outlook gets bleaker   more similar news »
When stores report their November sales Thursday, analysts expect the scorecard will look pretty bleak once again.
Wed Dec 03, 2008
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A bumpy ride for Thanksgiving air travel   more similar news »
Air travel over the Thanksgiving holiday started smoothly but finished on a sour note thanks to bad weather, the airline research group FlightStats reported on Wednesday.
Wed Dec 03, 2008
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UAW agrees to help automakers   more similar news »
The United Auto Workers agreed to work with the embattled U.S. automakers about changes in their labor contract, an important step for the industry's chance to win up to $34 billion in federal loans.
Wed Dec 03, 2008
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Poll: 61% oppose auto bailout   more similar news »
A majority of Americans oppose a bailout of the troubled U.S. auto industry, according to a poll released Wednesday.
Wed Dec 03, 2008
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Buy American? Betting on a Big 3 bounce   more similar news »
The fate of General Motors and the rest of the Big Three may soon be decided in Washington.
Wed Dec 03, 2008
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GM's last stand   more similar news »
General Motors wasn't doing any sugarcoating when it presented its restructuring plan to Congress Tuesday.
Wed Dec 03, 2008
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Lehman auctions investment management unit   more similar news »
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Wed Dec 03, 2008
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Obama selects Richardson as Commerce head   more similar news »
President-elect Barack Obama selected New Mexico Gov. Bill Richardson for the position of secretary of Commerce in a news conference Wednesday morning.
Wed Dec 03, 2008
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Service sector weakens in November   more similar news »
An index tracking the nation's service sector tumbled in November, a purchasing managers' group said Wednesday.
Wed Dec 03, 2008
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Toyota cuts domestic output   more similar news »
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Wed Dec 03, 2008
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Bally Total Fitness files for Chapter 11 again   more similar news »
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Wed Dec 03, 2008
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AIG, Fed stemming insurer's liquidity crisis   more similar news »
Troubled insurer American International Group moved another step closer to stabilizing its finances on Tuesday.
Tue Dec 02, 2008
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