Interbank Lending Improvements Slow
Lending rates among banks in the U.S. And Europe have edged barely lower Monday, suggesting concerns over global economic growth are keeping credit conditions tight.
Lending rates among banks in the U.S. And Europe have edged barely lower Monday, suggesting concerns over global economic growth are keeping credit conditions tight.
The world's heaviest man married in Mexico with 400 guests in attendance.
US Special Operations Forces attacked a suspected Al-Qaeda safe house that has sparked controversy with the Syrian government.
An exchange student from Seattle has been in jail in Italy for almost a year and today a judge will decide if she will be charged with murdering her roommate.
A British man was visiting the Sydney Marine Park in Australia when there was a power outage and the shark nipped at his head; luckly he sruvived.
British Prime Minister Gordon brown is calling for global talks this year to reform the world's financial system.
A newly-released video shows that two US soldiers could have been killed in friendly fire as opposed to combatant mortar, which was the original reason.
Officials from the Treasury Department and the Federal Reserve are scheduled to meet later today with top executives from financial firms to work out details of the $700 billion plan aimed at thawing frozen bank lending that is stifling the economy.
Investors look for the frenetic selling on Wall Street to continue today. The Dow Jones industrials futures plunged 185 points ahead of the opening bell in New York.
European stock markets are showing further declines.
Syria says it is holding two missing American journalists for illegally crossing the border from Lebanon.
Diplomats say that North Korea has made all of its Yongbyon nuclear facilities off limits to international inspectors.
The Icelandic government may declare bankruptcy after taking over two of the three largest banks in the country.
The Federal Reserve has ordered an emergency interest rate cut of half a percentage point, knocking the key rate to 1.5 percent.
Authorities suspect teh Tamil Tigers orchestrated the attack in Anuradhapura, Sri Lanka.
Zoo officials in Australia are planning to sue the parents of a 7-year-old boy who broke into a popular outback zoo and fed animals to a giant crocodile.
World stock markets are mixed as investors continue to weigh the potential impact of the U.S. Senate passing a $700 billion bank rescue package.
British chocolate maker Cadbury says its tests have “cast doubt” on the safety of its chinese-made products.
A Swiss pilot becomes the first person to fly solo across the English Channel with a jet pack.
Matt Lowery speaks to former White House press secretaries on Obama and McCain's ideas to help the economy.
Former White House Press Secretary, along with Pat Buchanon explain why they don't like the idea of a massive government bailout.
A report by the U.N. Atomic agency says Iran is still blocking attempts to investigate allegations that it carried out research and experiments linked to a nuclear weapons program.
The U.S. embassy in Venezuela says it's received no official notification. But it has heard that the country's president, Hugo Chavez, wants the U.S. ambassador to leave within 72 hours.
North Korea's leader Kim Jong Il is reportedly still suffering occasional spasms, but the reports say he's recovered enough from a stroke to brush his own teeth.
Opec oil ministers have decided to curb production by more than a-half million barrels a day.
