News - Tidingo.com

Bush 'open' to stimulus

President Bush hinted Monday he would be willing to consider a second stimulus package, hours after America's top banker suggested one might be necessary.

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21.10.2008 00:48:28 - Latest financial news - CNNMoney.com

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AIG targets year-end for asset sales

American International Group's CEO said Monday that the troubled insurer should start selling off pieces of its sprawling global business by year end.

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21.10.2008 00:39:17 - Latest financial news - CNNMoney.com

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Stocks finish with a flourish

Stocks surged Monday, with the Dow jumping back above the 9,000 level, as investors welcomed talk of a second economic stimulus plan and an improvement in key lending rates.

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21.10.2008 00:11:32 - Latest financial news - CNNMoney.com

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Global effort thaws credit freeze

With two more countries entering the global fight to stem the world's financial crisis, lending rates continued to fall Monday, signaling the worldwide effort was easing the stranglehold on lending.

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20.10.2008 23:22:59 - Latest financial news - CNNMoney.com

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Here comes stimulus - question is how

The drumbeat for lawmakers to do more to boost the economy is growing louder. And the chances have increased that Congress could pass a second stimulus package during its lameduck session following the presidential election.

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20.10.2008 23:22:13 - Latest financial news - CNNMoney.com

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Lots of banks interested in bailout - Paulson

Banks of all sizes are interested in a piece of the federal government's $250 billion fund to recapitalize financial institutions, Treasury Secretary Henry Paulson said Monday.

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20.10.2008 22:58:27 - Latest financial news - CNNMoney.com

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Dollar rallies as credit thaws

The dollar surged to its highest level against the euro in nearly a year and a-half Monday as the frozen credit markets showed further signs of thawing and Federal Reserve Chairman Ben Bernanke suggested a second economic stimulus package.