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October 10, 2008 9:24:20 PM CDT

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Stories related to: interest rate

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Stories 21 - 40 of 72

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  • March 2008

    • Stocks Rally, Flatten, End Down

      Wall Street Journal  |  Mar 12, 08 3:38 PM CDT

      Stocks Rally, Flatten, End Down

      (Newser) - Markets shot up early today, then flattened out and ended down as record oil and gas prices put a damper on things. Per-barrel oil prices hit $110.20 before landing at $109.92, the Wall Street Journal reports. The Dow ended down 46.57 to 12,110.24, the Nasdaq 11.89 to 2,243.87 and the S&P 11.88 to 1,308.77. More »

      Tags

      stock market  • Federal Reserve  • interest rate  • crude oil  • commodities

    • Fed Pours $200B Into Global Credit Relief Push

      Associated Press  |  Mar 11, 08 10:15 AM CDT

      Fed Pours $200B Into Global Credit Relief Push

      (Newser) - The Fed will inject huge quantities of cash into financial markets as part of a coordinated global attack on the credit crisis, Ben Bernanke announced today. The central bank will loan out another $200 billion, this time on a 28-day basis rather than overnight, the AP reports. The effort will coordinate with the European Central Bank and the central banks of Canada, England, and Switzerland. More »

  • February 2008

    • Stocks Tumble on Weak Data

      Bloomberg  |  Feb 28, 08 3:56 PM CST

      Stocks Tumble on Weak Data

      (Newser) - Stocks fell more than they had in a week today amid reports of sluggish economic growth, rising jobless claims, and fears of failing banks, Bloomberg reports. The Dow fell 112.10 points to 12,582.18, the Nasdaq fell 22.21 points to 2,331.57, and the S&P 500 12.34 points to 1,367.68. The government said GDP grew by 0.6% last quarter, below analysts' estimates. More »

      Tags

      Dow Jones  • Federal Reserve  • S&P 500  • Nasdaq  • Ben Bernanke  • inflation  • interest rate  • unemployment  • GDP  • bank failure

    • Fed Sees Slower Growth, Higher Unemployment

      New York Times  |  Feb 20, 08 6:58 PM CST

      Fed Sees Slower Growth, Higher Unemployment

      (Newser) - The Federal Reserve issued a bleak assessment of the economy today, predicting weak growth and rising unemployment this year. Fed officials expect the economy to grow between 1.3% and 2% in 2008, the slowest in five years, the New York Times reports. A separate report today showed consumer prices rising, putting the Fed in a tricky spot as it weighs another rate cut against fears of inflation. More »

      Tags

      Federal Reserve  • US economy  • recession  • Ben Bernanke  • inflation  • interest rate  • unemployment

    • Market Up After Seesaw Session

      MarketWatch  |  Feb 20, 08 3:45 PM CST

      Market Up After Seesaw Session

      (Newser) - The Dow rose 90.04 points to 12,427.26 today in roller-coaster trading despite rising fears of inflation, MarketWatch reports. US consumer prices rose 0.4% last month in what one investment officer called “a nagging problem for the Fed.” The Nasdaq climbed 20.90 to 2,327.10, and the S&P rose 11.25 to 1,360.03. More »

      Tags

      Dow Jones  • Federal Reserve  • S&P 500  • Nasdaq  • inflation  • interest rate  • crude oil

    • Stocks Sink on Fed Comments

      MarketWatch  |  Feb 14, 08 3:46 PM CST

      Stocks Sink on Fed Comments

      (Newser) - The markets fell today after three days of growth as the Fed warned that continuing credit trouble will restrain the economy and several top brokerage firms saw their earnings estimates reduced, MarketWatch reports. The Dow slid 175.26 points to 12,376.98, the Nasdaq dropped 41.39 to 2,332.54, and the S&P 500 fell 18.35 to 1,348.86. More »

      Tags

      Dow Jones  • Federal Reserve  • US economy  • S&P 500  • Nasdaq  • Ben Bernanke  • interest rate

    • Bernanke Suggests Rate Cuts Ahead

      Wall Street Journal  |  Feb 14, 08 9:20 AM CST

      Bernanke Suggests Rate Cuts Ahead

      (Newser) - Federal Reserve Chairman Ben Bernanke signaled today that further interest rate cuts might be necessary, citing continuing fallout from the credit and housing market collapses, reports the Wall Street Journal . Bernanke told the Senate Banking Committee he expected "a period of sluggish growth, followed by a somewhat stronger pace of growth starting later this year as the effects of monetary and fiscal stimulus begin to be felt." More »

  • January 2008
  • December 2007
  • November 2007

    • Techs Put Damper on Optimism

      MarketWatch  |  Nov 30, 07 3:38 PM CST

      Techs Put Damper on Optimism

      (Newser) - The markets closed up today on rumors of a coming interest rate cut, but bad news in the tech sector limited gains. The Dow climbed 59.99 points to 13,371.72, but only after a negative forecast from Dell erased a sizable morning rally. The S&P 500 climbed 11.42 to 1,481.14, while the Nasdaq slumped 7.17 to close at 2,660.96. More »

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