Fed Releases Details Of Bear Stearns Rescue- June 28, 2008 The Federal Reserve said it was scrambling to prevent a "contagion" from infecting the nation's financial system when it took unprecedented actions this spring to back a Bear Stearns rescue package and provide emergency loans to big Wall Street firms.http://feeds.washingtonpost.com/~r/wp-dyn/rss/business/economy/index_xml/~3/321972520/AR20... Stocks End a Down Week Closer to a Bitter Milestone- June 28, 2008 A week of spiraling oil prices, pessimistic corporate news and renewed fears over the direction of the national economy ended yesterday with U.S. stocks again slipping after the dramatic fall of a day earlier.http://feeds.washingtonpost.com/~r/wp-dyn/rss/business/economy/index_xml/~3/321328807/AR20... Fed Ends String Of Rate Cuts- June 26, 2008 The Federal Reserve left a key interest rate unchanged yesterday, ending a long campaign of interest rate cuts, as the central bank indicated that it was increasingly worried about inflation. But the Fed offered no sign that it was planning rate hikes in the near future to combat soaring prices.http://feeds.washingtonpost.com/~r/wp-dyn/rss/business/economy/index_xml/~3/320828199/AR20... Relief Measure Passes Key Test Vote in Senate- June 25, 2008 A plan to help thousands of troubled homeowners avoid foreclosure won overwhelming bipartisan support on a key test vote in the Senate yesterday, and supporters predicted that the measure would pass as soon as today.http://feeds.washingtonpost.com/~r/wp-dyn/rss/business/economy/index_xml/~3/319762575/AR20... Economic Challenges Draw Out Divisions at Fed- June 24, 2008 As Federal Reserve policymakers sit down this morning to begin deciding whether to adjust interest rates, they do so at a time of exceptional internal disagreement over what approach the central bank should take.http://feeds.washingtonpost.com/~r/wp-dyn/rss/business/economy/index_xml/~3/319762576/AR20... Big Promises Bump Into Budget Realities- June 21, 2008 On the presidential campaign trail, Democrat Barack Obama promises to "completely eliminate" income taxes for millions of Americans, from low-income working families to senior citizens who earn less than $50,000 a year.http://feeds.washingtonpost.com/~r/wp-dyn/rss/business/economy/index_xml/~3/319762577/AR20... Former Fund Managers Face Fraud Charges In Credit Crisis- June 20, 2008 Two former Bear Stearns hedge fund managers were arrested yesterday and charged with fraud related to the collapse of a pair of investment funds that helped usher in the current financial crisis that grew out of the meltdown of the subprime mortgage market. They are the first top Wall Street...http://feeds.washingtonpost.com/~r/wp-dyn/rss/business/economy/index_xml/~3/315407158/AR20... Paulson Urges New Fed Powers- June 19, 2008 Treasury Secretary Henry M. Paulson Jr. today called for the Federal Reserve to be given new, explicit powers to intervene in the workings of Wall Street firms to protect the financial system, adapting his vision of how the financial world should be regulated to reflect the lessons of the collapse...http://feeds.washingtonpost.com/~r/wp-dyn/rss/business/economy/index_xml/~3/315610917/AR20... Wall Street Lobbies to Protect Speculative Oil Trades- June 19, 2008 Wall Street banks and other large financial institutions have begun putting intense pressure on Congress to hold off on legislation that would curtail their highly profitable trading in oil contracts -- an activity increasingly blamed by lawmakers for driving up prices to record levels.http://feeds.washingtonpost.com/~r/wp-dyn/rss/business/economy/index_xml/~3/315407160/AR20... Paulson To Urge New Fed Powers- June 19, 2008 Treasury Secretary Henry M. Paulson Jr. plans to call today for the Federal Reserve to be given new, explicit powers to intervene in the workings of Wall Street firms to protect the financial system, adapting his vision of how the financial world should be regulated to reflect the lessons of the...http://feeds.washingtonpost.com/~r/wp-dyn/rss/business/economy/index_xml/~3/315407159/AR20... |