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Bank of England cuts rates to record low, in contrast to the somewhat more cautious European Central Bank. The Bank of England has cut its benchmark rate of interest to an all-time low of 2.0% on Thursday. As data over the past...
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The Treasury Department is strongly considering a plan to intervene directly in the mortgage industry to dramatically force down rates and stimulate the housing market, according to sources familiar with the proposal, reports...
The European Central Bank Thursday announced a 75-basis-point cut to its main monetary policy rate, bringing it down to 2.5%. The move surprised the majority of ECB watchers, and plays into the hands of market participants who...
By Ken Thomas | The Associated Press WASHINGTON - Humbled U.S. automakers pleaded with Congress today for an expanded $34 billion rescue package, but they heard fresh skepticism in a bumpy encore appearance. Ahead of testifying...
The dollar rose against the European currencies, but fell against the yen Thursday after big interest-rate cuts by the European Central Bank and Bank of England. Though lower interest rates can jump-start an economy, they often...
European markets up modestly as Dow holds steady : Europe's stock markets rose modestly Thursday after Wall Street recovered most of its earlier losses, but investors remained cautious after big interest rate cuts in Europe and...
Wall Street withstood another stream of bad economic readings yesterday, closing sharply higher after investors shuttled between pessimism about the recession and hope that the nation might start seeing relief soon. The major...
The average price of a gallon of regular gasoline seems to be falling around the country. Join the discussion at USA TODAY's Fuel Forum to swap stories and money-saving tips with fellow readers. "You could see prices testing...
![wsj.com: [Henry Paulson]](http://www.newstin.com/image.a?id=9361146.png)
