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Freddie's $1B debt sale calms fears

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02.09.2008 20:52:33 - Latest financial news - CNNMoney.com

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1st Gulf oil rigs may be online Wednesday

Oil companies continued inspecting their offshore rigs and platforms by air Tuesday but wouldn't say when production can come back online until they get a closer look at their pipelines.

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02.09.2008 20:42:24 - Latest financial news - CNNMoney.com

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Dollar gains on lower oil, global weakness

The dollar gained ground against other major currencies Tuesday as oil prices tumbled and the global economy continued to show sings of weakness.

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02.09.2008 19:45:31 - Latest financial news - CNNMoney.com

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Merrill Lynch slides as deals dry up

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02.09.2008 19:44:55 - Latest financial news - CNNMoney.com

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Bonds rise on stronger dollar

Bonds rose Tuesday as inflationary concerns eased on the back of a strengthening U.S. dollar.

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02.09.2008 19:41:13 - Latest financial news - CNNMoney.com

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Manufacturing index contracts

A key measure of the nation's manufacturing activity fell in August, reaching a level that indicated contraction in the sector even as falling oil prices helped lower some business costs.

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02.09.2008 18:11:07 - Latest financial news - CNNMoney.com

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Watching Alan Greenspan in his new incarnation is a strange experience. Greenspan 1.0 served as Federal Reserve Board chairman for an entire generation, being oracular, talking in what we (and now he) called Fedspeak, rarely saying anything on the record outside of carefully choreographed public appearances.