Oil slides below $68 on demand worries

HOUSTON – Oil prices dipped below US$66 a barrel today as investor sentiment once again seemed to shift to the growing global economic malaise […]

Price of Monsanto stock shoots up

One day after falling to an annual low, shares of Monsanto Co. climbed the most in six months after the Creve Coeur-based agribusiness posted […]

Books shed light on U.S. meltdown

The latest financial crisis has introduced many terms you may not have known about before.
I’ve been reading up about the U.S. mortgage madness and I’ve […]

Investment banks get boost

WASHINGTON–The U.S. Federal Reserve said yesterday it had granted a request by the country’s last two major investment banks – Goldman Sachs and Morgan […]

U.K. Housing Market `on Its Knees

U.K. house prices fell for a fourth month in September as the global credit crisis intensified, locking out homebuyers and forcing the sale of […]

Speculators blamed for oil price spike

Institutional investors caused the rapid rise and subsequent steep fall in oil prices in 2008, according to an independent report released by U.S. lawmakers yesterday.
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Steelworkers approve labor contract with U.S. Steel

United Steelworkers members — including about 2,065 area workers — approved a four-year national labor agreement Tuesday with Pittsburgh-based United States Steel Corp. that […]

Stocks slump on slowdown fears

Stocks tumbled Tuesday, erasing earlier gains, as relief about plunging oil prices turned to worry about the implications for a global economic slowdown.
The Dow […]

HSBC says super-rich clients moving into cash

Many of the world’s wealthiest people have moved their money out of stocks and bonds and into cash, the head of HSBC’s (HSBA.L: Quote, […]

Are central banks getting it all wrong?

The world may have changed on August 9 last year as the credit crunch first bit, and even some policymakers are beginning to question […]