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Last updated: 21:08:19 Friday Oct 10, 2008


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  • Paulson endorses bank stock purchase plan
    Treasury Secretary Henry Paulson said Friday that the Bush administration will move ahead with a plan to buy stock in financial institutions.   People:Henry Paulson   Activities:2008 U.S. Financial Rescue   Source:(AP)   2008-10-10

    Stocks end worst week mixed after wild session
    Wall Street capped one of its worst weeks ever with a wild session Friday that saw the Dow Jones industrials gyrate within a 1,000 point range before closing with a relatively mild loss and the Nasdaq composite index actually ending with a modest advance. Investors were still agonizing over frozen credit markets, but seven days of massive losses and the possibility of further government support for the markets tempted some investors late in the session.   Nations:Japan Russia France   Activities:2007 Global Credit Crunch U.S. Markets   2008-10-10

    European markets plunge again; Nikkei plummets
    European stock markets slumped in early trading Friday following massive sell-offs on Wall Street and Asia as lending rates between banks continue to rise despite this week's efforts by central banks to break the logjam in credit markets.   Nations:Japan India Russia Germany Philippines France   Activities:2007 Global Credit Crunch Japanese Markets European Markets   Source:(AP)   2008-10-10

    Oil plummets below $83 on global slowdown fears
    Oil prices plummeted to a one-year low below $83 a barrel Friday in European trading as investor fears of a severe global economic downturn caused by the crisis in credit markets sparked a panicked sell-off of both crude and equities.   Nations:Australia Germany Japan   Activities:2007-8 Oil Crisis   Source:(AP)   2008-10-10

    McCain, Obama offer dueling ideas to save economy
    John McCain and Barack Obama outlined steps to counter the faltering economy and plummeting stock market on Friday, fresh evidence of the dominant role of pocketbook issues in their race for the White House.   Nations:U.S.   People:Barack Obama John McCain   Activities:2008 U.S. Recession US Election 2008   Source:(AP)   2008-10-10

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    popular coverage of the Week (all rankings)
  • [2007 Global Credit Crunch]: European markets plunge again; Nikkei plummets (07:17 10/10)
  • [2008 Hurricane Ike]: AP Investigation: Ike environmental toll apparent (14:14 10/5)
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    [2007 Global Credit Crunch]: Stocks end worst week mixed after wild session (22:52 10/10)

    [U.S. Markets]: Stocks end worst week mixed after wild session (22:52 10/10)


    [Japanese Markets]: European markets plunge again; Nikkei plummets (07:17 10/10)


    [European Markets]: European markets plunge again; Nikkei plummets (07:17 10/10)


    [2007-8 Oil Crisis]: Oil plummets below $83 on global slowdown fears (07:17 10/10)

    [2008 U.S. Recession]: McCain, Obama offer dueling ideas to save economy (22:52 10/10)

    [Asian Markets]: Snowballing sell-off spreads worldwide (12:16 10/10)


    [2008 Wachovia Deal]: Wells Fargo plans to buy Wachovia; Citi ends talks (17:53 10/9)

    [China Product Safety Crisis]: Three dead in China after herbal injection (06:58 10/9)


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