TOKYO (AP) -- Japan's Nikkei 225 index plunged more than 300 points in early trading Friday, following large losses in New York because of concerns about an end to interest rate cuts and a slowing U.S. economy. The Nikkei 225 index was down 346.70 po
NEW YORK (AP) -- The dollar traded mixed Thursday, creeping up slightly against the euro and the Canadian dollar, even as the Dow Jones Industrial Average dropped more than 360 points. The American currency plummeted Wednesday following the Federal R
WASHINGTON (AP) -- The Federal Reserve pumped $41 billion into the U.S. financial system Thursday, the largest cash infusion since September 2001, to help companies get through a credit crunch. The action came one day after Fed Chairman Ben Bernanke
WASHINGTON (AP) -- As oil prices climb toward the once unthinkable $100 a barrel level, fears that the U.S. economy could tip into recession are also rising. To spur spending and borrowing, the Federal Reserve on Wednesday cut a key short-term intere
NEW YORK (AP) -- Commodities retreated Thursday as weaker readings on the U.S. economy raised concerns that demand for raw materials could slow in the coming months. Oil, metals and agricultural futures fell. Growth in the manufacturing sector nearly
Economists aren't worried about job losses any longer, but sluggish growth looks like it's here to stay. This week has seen some signs of economic strength, from a much stronger than expected report on in the third quarter to a rebound in . The Feder
OMAHA, Neb. (AP) -- Economic growth slowed dramatically because of inflation in nine Midwestern and Plains states during October, according to a survey of supply managers and business leaders released Thursday. "Since June, we have been tracking slow
WASHINGTON (AP) -- Rates on 30-year mortgages fell to the lowest level in five months as evidence mounted that the economy is slowing down. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages dipped to 6.26 percent
FRANKFURT, Germany (AP) -- The euro and the pound slipped back from their highs against the dollar in European trading Thursday, after the U.S. Federal Reserve cut interest rates by a quarter of a point. The 13-nation euro bought $1.4439 in morning t
TOKYO (AP) -- The dollar rose slightly against the yen in Asia Thursday as traders remained cautious on prospects for the U.S. economy. The U.S. Federal Reserve's statement after it cut the fed funds rate Wednesday suggested more cuts may not come so
FOMC does as expected, cutting Fed funds target rate by 25-basis points. Despite the focus on the Fed Wednesday, there were plenty of reports on the economy as well. Data on third quarter GDP, Chicago area manufacturing and private employment gains
The Federal Reserve added a little economic insurance Wednesday, but signaled that may be its last rate cut for a while. Meanwhile, the U.S. economy expanded at a 3.9% annual rate in the third quarter, the best growth in more than a year, the Commerc
The U.S. economy shrugged off problems in the housing and credit markets in the third quarter, as the pace of economic growth showed an unexpected gain in the government's latest reading. The government report Wednesday buttressed arguments on both s
WASHINGTON (AP) -- The economy picked up speed in the summer, growing at a brisk 3.9 percent pace, the fastest in 1 1/2 years and an impressive performance even as a credit crunch plunged the housing market deeper into turmoil. The latest snapshot of
Wall Street banks must wish they could have hedged their positions on the credit market as effectively as the Federal Reserve did on Wednesday. Alongside its quarter-point rate cut, the central bank's cryptic commentary said the strains in financial
·Treasury's Paulson wants fas
·Euro Drifts Lower Against US
·Dollar Edges Higher Against
·Greenspan Doubts US Will Fac
·Home builders forecast: Not
·Study: D.C. Poverty Up Despi
·Chinese Economy Surges 11.5
·Economic Watchdog, Oct. 24
·Another Quarter-Point Cut Is
·German Business Confidence D
·NZ Interest Rate Steady at 8
·Brazil Unemployment Falls in
·Euro Drifts Lower Against US
·Dollar Edges Higher Against
·Greenspan Doubts US Will Fac
·Home builders forecast: Not
·Study: D.C. Poverty Up Despi
·Chinese Economy Surges 11.5
·Economic Watchdog, Oct. 24
·Another Quarter-Point Cut Is
·German Business Confidence D
·NZ Interest Rate Steady at 8
·Brazil Unemployment Falls in
Economy
