Member 591


Fed chief details woes in markets, housing, jobs (AP)

16-07-2008 02h20
AP - Federal Reserve Chairman Ben Bernanke told Congress Tuesday the fragile economy is facing "numerous difficulties" despite the Fed's aggressive interest rate reductions and other fortifying steps.

Wholesale prices soar in June; Sales are sluggish (AP)

16-07-2008 00h14
AP - The economy showed the depth of its twin problems on Tuesday, slow growth and rising inflation, as the nation wrestled with a teetering financial system, a slumping dollar and rising prices for food and fuel.

GM to cut salaried workers, production, dividend (AP)

16-07-2008 01h44
AP - General Motors Corp. said Tuesday it will lay off salaried workers, cut truck production, suspend its dividend and borrow $2 billion to $3 billion to weather a severe downturn in the U.S. market.

`Cuckoo's Nest' hospital to be torn down (AP)

16-07-2008 03h05
AP - So long, Cuckoo's Nest.

Customers furious in Day 2 of IndyMac fed takeover (AP)

16-07-2008 00h59
AP - Police ordered angry customers lined up outside an IndyMac Bank branch to remain calm or face arrest Tuesday as they tried to pull their money on the second day of the failed institution's federal takeover.

Mass. lawmakers weigh gay marriage expansion (AP)

16-07-2008 01h14
AP - Gay couples from across the country may soon be welcome to be married in Massachusetts.

Mudslides hit Calif. town near Sequoia forest (AP)

15-07-2008 22h00
AP - A mudslide near an area scarred by fire poured into this small town near the southern end of the Sequoia National Forest, shortly after officials urged people to evacuate low-lying areas.
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