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Wall Street Falls on Bernanke Warning, TechsTuesday, June 10, 2008 5:39:00 PM U.S. stocks fellTuesday as investors worried that interest rates may be headed back up after Federal Reserve Chairman Ben Bernanke said that the central bank would strongly resist rising inflation. Full Story
Most World Stock Markets to End 2008 in RedTuesday, June 10, 2008 5:28:00 PM LONDON—Global stock markets will not be able to overcome a lethal mix of rising inflation and a spill-out from the global credit crisis this year, with most indexes likely to end 2008 with annual loss ... Full Story
Lehman Posts $2.8 Billion Loss, Seeks $6 BillionMonday, June 09, 2008 9:30:00 PM LONDON — U.S. investment bank Lehman Brothers is raising $6 billion to shore up capital after another big loss, rattling bank investors just as a UK rival completed a record fundraising.Lehman said ... Full Story
U.S. Gas Rises Above $4 a Gallon for First TimeMonday, June 09, 2008 5:30:00 PM LOS ANGELES—The U.S. average price for a gallon of regular gasoline topped $4 for the first time, a survey issued on Sunday by the travel group AAA showed.AAA's survey showed a national average ... Full Story
Swiss Investment Company Makes Offer for SilverjetSunday, June 08, 2008 9:30:00 PM A Swiss investment company said on Sunday it had made an offer to buy and relaunch Britain's business class-only airline Silverjet which collapsed last month. Full Story
U.S. FTC Launches Antitrust Probe of IntelFriday, June 06, 2008 9:36:00 PM WASHINGTON/SAN FRANCISCO—The world's leading semiconductor maker Intel Corp faces a formal investigation by the U.S. Federal Trade Commission after fighting similar antitrust probes in Europe and ... Full Story
Dow Drops 300 points as Oil Hits Record, Unemployment PeaksFriday, June 06, 2008 9:18:00 PM U.S. stocks dropped on renewed fears the U.S. economy faces stagflation after government data showed the unemployment rate jumped the most in 22 years in May and the price of oil hit a record.
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Paper or Pricey Plastic?Friday, June 06, 2008 5:33:00 PM WASHINGTON—You know that flimsy plastic bag the convenience store clerk put your toothpaste in?The price of those bags, though still cheaper than paper ones, is rising fast because of higher natura ... Full Story
Wall Street Drops on Oil, Economy; Dow off 2 PercentFriday, June 06, 2008 5:24:00 PM NEW YORK—U.S. stocks extended losses Friday as surging oil prices fueled inflation fears, adding to concerns sparked by a government report that showed the unemployment rate had its sharpest rise in 2 ... Full Story
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