Member 5396


Paulson to unveil facility to boost consumer loans: report (Reuters)

26-11-2008 00h52
Reuters - U.S. Treasury Secretary Henry Paulson plans to announce on Tuesday the formation of a program to increase the availability of auto loans, student loans and credit cards, the Wall Street Journal reported, citing people familiar with the matter.

Wall Street extends Dow's rally to third day (AP)

26-11-2008 07h47
AP - Wall Street showed some signs of stability Tuesday as investors, heartened by government plans to aid consumer lending companies, selectively bought more stocks following a huge two-day rally. Gains in blue chips gave the Dow Jones industrials and the Standard & Poor's 500 index their first triple-session advance in more than two months.

Feds unveil plans to unfreeze consumer debt market (AP)

26-11-2008 03h36
AP - The government has introduced a pair of new programs that will provide $800 billion to help unfreeze the market for consumer debt which Treasury Secretary Henry Paulson calls vital to supporting the economy.

3 Ark. school buses crash; dozens of kids hurt (AP)

25-11-2008 09h52
AP - Three school buses collided in a chain-reaction crash Monday in southwestern Arkansas, sending dozens of youngsters to a hospital but few with serious injuries, authorities said.

New Study Might Spell the End for Federal Reading Program (U.S. News & World Report)

25-11-2008 05h51
U.S. News & World Report - For the past six years, the federal government has made a $6 billion investment to boost the reading skills of the nation's low-income children. But a new, federally mandated study reveals that students attending elementary schools that receive the funding have not made significant gains. The three-year study monitored the achievement of tens of thousands of students in nearly 250 elementary schools using the reading curriculum Reading First. The curriculum is a major component of the No Child Left Behind law. ...
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