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Citigroup to Receive a New Rescue Package From the US Government
Federal regulators have approved of a new plan to further bail out Citigroup and protect billions of dollars worth of assets belonging to the ailing banking giant. According to a report on CNN, the US government... Does this mean the Fed has room for another interest rate cut, or series of c...
Does this mean the Fed has room for another interest rate cut, or series of cuts? Yes. Foreign Exchange Outlook: Everybody wants to know how deep the recession will go. Yesterday’s retail sales for Sept were worse than forecast, a drop of 1.2% (including a drop of 4% for...Asian Stock Markets Plunge
Stock markets in Asia are in sharp decline Tuesday morning, following a day when markets around the world faced steep losses. Japan's Nikkei index dropped more than 5 percent in 30 minutes. Like the Dow index, the...
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