Bernanke: Fannie, Freddie in no danger of failing (AP) AP - Federal Reserve Chairman Ben Bernanke told Congress Wednesday that troubled mortgage giants Fannie Mae and Freddie Mac are in "no danger of failing." Publ.Date: Thu, 17 Jul 2008 04:55:24 GMT Source: Yahoo.com
More people sign up for jobless benefits (AP) AP - The number of newly laid-off people signing up for jobless benefits rose last week as companies keep work forces lean given the economy's slowdown. Publ.Date: Thu, 17 Jul 2008 12:38:56 GMT Source: Yahoo.com
Merrill may still sell BlackRock, CreditSights says (Reuters) Reuters - Merrill Lynch & Co may still be forced to sell its valuable stake in fund manager BlackRock to bolster its balance sheet, research firm CreditSights said in a report. Publ.Date: Fri, 18 Jul 2008 14:13:19 GMT Source: Yahoo.com
Oil prices tumble in biggest weekly drop ever (AP) AP - The price of oil recorded its biggest weekly drop ever, and a gallon of gas finally pulled back from its record high. So is it time to declare the energy bubble popped? Publ.Date: Fri, 18 Jul 2008 23:03:43 GMT Source: Yahoo.com
