MSNBC.com: BusinessMSNBC.com is a leader in breaking news and original journalism.Fed announces deal to take over ailing AIG- September 17, 2008 In a bid to save financial markets and economy from further turmoil, the U.S. government agreed Tuesday to provide an $85 billion emergency loan to rescue the huge insurer AIG.http://www.msnbc.msn.com/id/26746909/ Federal bank insurance fund dwindling- September 17, 2008 Banks are not the only ones struggling in the growing financial crisis. The fund established to insure their deposits is also feeling the pinch, and the taxpayer may be the lender of last resort.http://www.msnbc.msn.com/id/26747301/ Fed hangs tough by holding rates steady- September 17, 2008 Despite pressure from the financial markets to cut interest rates, Fed Chairman Ben Bernanke sent a strong signal that he is hanging tough by keeping rates just where they are.http://www.msnbc.msn.com/id/26742717/ Goldmans earnings plunge 70 percent- September 16, 2008 Goldman Sachs said Tuesday its third-quarter profit plunged 71 percent from a year earlier, an almost unthinkable drop for a firm widely described as the smartest on Wall Street.http://www.msnbc.msn.com/id/26735498/ Source: Barclays to buy parts of Lehman- September 16, 2008 British bank Barclays PLC plans to unveil a plan to acquire all or part of Lehman Brothers Holdings Inc.s investment banking and trading operations, a person close to the talks said Tuesday.http://www.msnbc.msn.com/id/26742831/ Home Depot hopes price cuts repair image- September 16, 2008 At a time when shoppers are forking over more money for everything from groceries to gas, The Home Depot Inc. is planning to put some prices temporarily in reverse.http://www.msnbc.msn.com/id/26744120/ Price of gas continues climb started by Ike- September 16, 2008 Nearly 4 million customers were without power and the electricity supply to refineries along the Gulf of Mexico was still limited Tuesday in the wake of Hurricane Ike.http://www.msnbc.msn.com/id/26744698/ Stocks end higher after Fed holds rates steady- September 16, 2008 Wall Street ended another tumultuous session with a sizable gain Tuesday, partly recovering from its worst sell-off in years after the Fed said it was keeping rates steady.http://www.msnbc.msn.com/id/3683270/ Oil drops below $92 on credit crisis fears- September 16, 2008 Oil prices extended their retreat, shedding $10 a barrel in a two-day slide as tumult on Wall Street dims hopes for a swift economic recovery and signals another drop in energy demand.http://www.msnbc.msn.com/id/12400801/ GM unveils production version of Volt- September 16, 2008 On GMs 100th anniversary celebration Tuesday, CEO Rick Wagoner unveiled the production version of the electric-powered Chevrolet Volt.http://www.msnbc.msn.com/id/26737673/ |