10-16-08 Money, Markets & More
Get set for another interest rate cut by the Fed. Our chief economist sees one coming this month. Brace for more earnings news - from candy bars to motorcycles to airlines. And would you buy a pricey Elmo this year?
British treasury chief urges climate agreement
ST. ANDREWS, Scotland (AP) -- British Treasury chief Alistair Darling has urged the world's top finance officials to reach an agreement on bearing the cost of fighting climate change before a UN summit on global warming next month....
Stocks post modest gains as job losses slow
NEW YORK (AP) -- Investors undaunted by a surprisingly weak jobs report found enough positive news to nudge stocks higher Friday....
Decision day for health care in the House
WASHINGTON (AP) -- President Barack Obama is traveling to Capitol Hill on Saturday to try to close the sale on his signature health care overhaul, facing a make-or-break vote in the House certain to be seen as a test of his presidency....
AIG, Magna, Activision Blizzard are big movers
NEW YORK (AP) -- The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange:...
Video: Job Growth On Rebound?
Nearly 16 million Americans are unemployed and economists estimate it will take five years or more to replace jobs lost in this recession. But, as Anthony Mason reports, there are encouraging signs.
China offers Africa more trade, investment
BEIJING (AP) -- China is offering to abolish import duties on some commodities from Africa and make sure Chinese exports to the continent are safe as part of a package to boost already thriving economic ties, China's commerce minister said in an article published Saturday....
How the major stock indexes fared on Friday
Investors added to the week's strong gains in the stock market after finding some positives in a surprisingly weak jobs report. Stock indexes posted a modest advance in light trading Friday after the Labor Department said the nation's unemployment rate topped 10 percent in October for the first time since 1983, but also that the pace of job losses slowed. The rise in joblessness, while not welcome news for the economy, reassured some investors that the Federal Reserve will have to hold inte...
Court ends tobacco company payments in Md., Pa.
RALEIGH, N.C. (AP) -- North Carolina's highest court ruled Friday that three cigarette companies no longer have to make payments to tobacco farmers in Maryland and Pennsylvania under a decade-old settlement....
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