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Government Takes Over Mortgage Giants

Posted: 09/07/2008 - The Bush administration, acting to avert the potential for major financial turmoil, says the federal government was taking control of mortgage giants Fannie Mae and Freddie Mac.

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Crude's Decline Continues

Posted: 09/03/2008 - Oil prices are lower as traders focus on slowing demand for crude.

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SEC Accuses 2 Brokers Of $1B Subprime Fraud

Posted: 09/03/2008 - Federal regulators are accusing two Wall Street brokers of defrauding their customers by making more than $1 billion in unauthorized purchases of securities tied to subprime mortgages.

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Factory Orders See Wide Gains Led By Aircraft

Posted: 09/03/2008 - The government says orders to U.S. factories rose by a larger-than-expected amount in July as demand for commercial aircraft, heavy machinery and iron and steel all posted solid gains.

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Shares Rise On Takeover Talk

Posted: 09/02/2008 - Shares of Wall Street's Lehman Brothers Holdings are up 3 percent at midday.

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Crude Price Down Sharply On Gustav Relief

Posted: 09/02/2008 - Oil prices have dropped to the lowest level in five months. Benchmark crude is within sight of $100 a barrel on signs that Hurricane Gustav only grazed U.S. energy infrastructure in the Gulf of Mexico.

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Union Blasts American Airlines In Newspaper Ads

Posted: 08/28/2008 - Newspaper readers in Chicago; Tulsa, Oklahoma, and Fort Worth, Texas, today will get a glimpse into the rising tension between labor and management at American Airlines, the nation's biggest carrier.

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Stocks Finish With Gains

Posted: 08/28/2008 - The stock market enjoyed modest gains in the latest session, as investors prepare to wind down for the long Labor Day weekend.

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Cuomo Says Xcel Will Disclose Global Warming Risks

Posted: 08/27/2008 - New York Attorney General Andrew Cuomo says Xcel Energy has agreed to disclose risks to investors from its stake in coal-burning power plants and any related liability from global warming, lawsuits and new regulations or laws.

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ConocoPhillips Sells Remainder Of Gas Stations

Posted: 08/27/2008 - ConocoPhillips is selling the remainder of its gas stations in the United States, though Conoco, Phillips 66, and 76 will continue to operate under those familiar signs.

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Number Of Uninsured Drops; Poverty Holds Steady

Posted: 08/26/2008 - The Census Bureau reports that the number of people lacking health insurance dropped by more than 1 million in 2007, the first annual decline since the Bush administration took office.

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