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Last updated: 18:52:47 Friday May 9, 2008


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  • Stocks decline as AIG reveals need for cash, oil surges
    Wall Street ended the week with a big decline as investors grappled with two of the biggest threats to the economy: fallout from turmoil in the credit market and surging energy prices. All three major indexes suffered losses for the week. 2008-05-09
    People: [Carl Icahn]
    Activities: [U.S. Markets]

    Wall Street jumps on miners, oil
    Stocks rose on Thursday as a surge in global commodity prices propelled mining and energy shares higher, while technology shares gained after a top strategist said they were a good value. 2008-05-08

    Activities: [U.S. Markets]

    Consumer borrowing unexpectedly surges in March
    Consumer borrowing rose in March at the fastest pace in four months, more than double the increase of the previous month, in what was seen as a sign of rising economic stress. 2008-05-07

    Activities: [2008 U.S. Recession]

    Stocks retreat as oil prices creep higher
    Wall Street tumbled Wednesday as the price of a barrel of oil soared to a record near $124 and touched off concerns that the stock market's recent gains might have been premature as consumers grapple with rising energy and food costs. The major stock market indexes each lost more than 1.5 percent, with the Dow Jones industrial average declining by more than 200 points. 2008-05-07

    People: [Henry Paulson]
    Activities: [2008 U.S. Recession] [U.S. Markets]

    China's 'soft power' blitz no major concern: US study
    Cash-flush China may be winning allies and displacing American influence by ramping up foreign investments and disbursing aid with no strings attached, but a US congressional study says Washington need not lose sleep over it. 2008-05-06

    People: [Joseph Biden]
    Activities: [China-U.S.]

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    NewsGuide EventCityPeopleShowCompany 
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    [2008 Myanmar Cyclone]: Boat carrying Myanmar aid sinks (09:19 5/11)

    [US Election 2008]: Obama overtakes lead in superdelegates for first time (09:19 5/11)


    [2007 NHL]: Red Wings beat Stars to take 2-0 lead in Western Finals (01:19 5/11)


    [2008 Cannes Film Festival]: Cannes pits Hollywood against obscure arthouse (09:19 5/11)

    [2007 Global Credit Crunch]: Chastened banks tighten up on lending: ECB (09:19 5/11)

    [2008 Beijing Olympics]: Beijing Olympics to boost Chinese energy demand: analysts (09:19 5/11)

    [Lebanon Political Crisis]: Clashes in northern and eastern Lebanon, outside Beirut (09:19 5/11)

    [Second Gulf War]: Signs of normalcy in Iraq's Sadr City amid cease-fire (09:19 5/11)


    [2008 MLB]: Mets batter Reds to give Santana first win at Shea (09:19 5/11)

    [2008 U.S. Recession]: Analysis: Good economic news something of a mirage (09:19 5/11)




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