Monthly Archives: November 2008

NOVEMBER 8, 2008   Labor Data Show Pain Across Economy By Sudeep Reddy, Kris Maher and Ilan Brat President-elect Barack Obama, in his first major remarks since Election Day, called Friday for extended unemployment benefits and a “rescue plan for … Continue reading →

Stocks’ Pullback Since Election-Day Rally, at 9.7%, Is Worst Since ’87 Unable to fight off the gloom about the economy, stock prices slid for a second straight day, producing the biggest two-day percentage drop since Oct. 19-20, 1987. The Dow … Continue reading →

by Julia WerdigierNovember 6, 2008 Two central banks in Europe cut their benchmark lending rates on Thursday for the second time in less than a month as they tried to stimulate their decelerating economies. The Bank of England unexpectedly reduced … Continue reading →

NOVEMBER 5, 2008, 5:08 P.M. ET One day after rallying as Americans went to the polls, stocks dropped amid more evidence that the economy is stumbling badly. The Dow Jones Industrial Average, which had surged 305 points on Election Day, … Continue reading →

By Pham-Duy Nguyen Nov. 4 (Bloomberg) –  Gold futures rose the most in six weeks as the dollar declined against the euro, boosting the appeal of the precious metal as an alternative investment. Silver jumped almost 8 percent. The euro … Continue reading →