Archive for November 10th, 2008

AIG may have gotten a $150 billion deal Monday, but that's just a small fraction of the nearly $3 trillion in financial rescue programs the government has created to stabilize the U.S. economy.

Read full story for latest details.

Troubled mortgage-finance giant Fannie Mae reported that it lost $29 billion in the most recent quarter, driven by a large jump in the mortgage loans it owned or backed that went bad.

Read full story for latest details.

As you cringe over your mutual fund statements, you may be thinking, "This can't possibly get any worse!" Think again.

Oil prices rose Monday afternoon, after a stimulus package announcement by the Chinese government which could spur demand.

Global delivery company DHL announced Monday that it was cutting 9,500 jobs as it discontinues air and ground operations within the United States.

Circuit City Stores Inc., the No. 2 electronics seller after Best Buy, filed for bankruptcy protection Monday, hoping the move will allow it to stock its shelves in time for the crucial holiday shopping season.

Read full story for latest details.