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Housing Starts Fall Sharply

Housing starts and permits for new home construction fell sharply again in September, with requests for new building permits falling to levels not seen since the recession of the early 1980s.

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17.10.2008 15:49:00 - washingtonpost.com - Business

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Swiss Back Up Banks With Aid, Guarantees

BERLIN, Oct. 16 -- After insisting for weeks that its world-famous financial system was holding strong in the global financial storm, Switzerland on Thursday became the latest country to announce extraordinary, multibillion-dollar plans to shore up its banks.

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17.10.2008 07:32:59 - washingtonpost.com - Business

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Life's Basics More of a Stretch

If money were not so tight, Regino Romero would use the basement of his Lorton town home some other way. But with his former wife gone, his paycheck flat and his bills rising, he sees no option but to rent the place out.

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17.10.2008 06:00:00 - washingtonpost.com - Business

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Late Rally Lifts Markets To Cap a Turbulent Day

Nervous investors staged a late-day rally yesterday, despite a series of gloomy economic data and battered corporate earning reports.

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17.10.2008 06:00:00 - washingtonpost.com - Business

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Recession Fears Grip Stock Markets in Europe, Asia

TOKYO, Oct. 17 -- Fear of a deep global recession washed over Asian and European markets Thursday, and the financial crisis continued to shake major institutions.

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17.10.2008 06:00:00 - washingtonpost.com - Business

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As Credit Tightens, Companies Curtail Spending, Expansion

With bank lending windows slammed shut for the past month, countless companies -- from pizza delivery firms and auto retailers to big real estate firms and utilities -- are hunkering down to survive the freeze in credit markets and slowdown in the economy.

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17.10.2008 06:00:00 - washingtonpost.com - Business

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Russian Elite Look to Kremlin For Aid as Wealth Evaporates

MOSCOW, Oct. 16 -- In April, Oleg Deripaska seemed unstoppable.

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17.10.2008 06:00:00 - washingtonpost.com - Business

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Oil Falls Below $70 a Barrel

Oil prices are falling, but the industries that might benefit the most from cheaper fuel aren't celebrating. In fact, any hope that discounted crude oil might lift prospects has been swiftly crushed by the weight of the economic downturn.

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17.10.2008 06:00:00 - washingtonpost.com - Business

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Foreclosures, Falling Prices Spur Pr. William Home Sales

Freewheeling American capitalism may be falling out of fashion on Wall Street, but in the western suburbs of Northern Virginia, it is driving one of the greatest home-buying sprees the region has ever seen.

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17.10.2008 06:00:00 - washingtonpost.com - Business

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Sarkozy Calls for Revamping of Capitalist System

BRUSSELS, Oct. 16 -- European leaders on Thursday urged that a pending international summit carry out an urgent overhaul of the world's financial architecture and impose new controls on freewheeling bankers and traders. U.S. officials pledged that all good ideas would get an airing but hinted of ...

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17.10.2008 06:00:00 - washingtonpost.com - Business

washingtonpost.com - Business

Housing Starts Fall Sharply

Swiss Back Up Banks With Aid, Guarantees

Life's Basics More of a Stretch

Late Rally Lifts Markets To Cap a Turbulent Day

Recession Fears Grip Stock Markets in Europe, Asia

As Credit Tightens, Companies Curtail Spending, Expansion

Russian Elite Look to Kremlin For Aid as Wealth Evaporates

Oil Falls Below $70 a Barrel

Foreclosures, Falling Prices Spur Pr. William Home Sales

Sarkozy Calls for Revamping of Capitalist System

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