Jumat, 06 November 2009

11/7 Latest financial news - CNNMoney.com

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Four more banks fail - 119 for the year
November 6, 2009 at 7:32 pm

Four banks failed late Friday, bringing the 2009 tally to 119.

Teens suffer record unemployment
November 6, 2009 at 4:50 pm

Americans of all ages are being hurt by the weak job market, but the nation's teens are in a particularly bad spot.

Art auction lifts hope for industry rebound
November 6, 2009 at 4:45 pm

A recent sale of Impressionist and modern art at Sotheby's auction house exceeded sales estimates and raised the hopes of industry insiders that a rebound is under way.

Berkshire Hathaway for $68? Sweet!
November 6, 2009 at 4:32 pm

I don't know about you, but I don't have a spare $101,900 stuffed under my couch cushions to buy an "A" share of Warren Buffett's Berkshire Hathaway. I probably could scrounge together $3,395 for one "B" share, but I would rather not.

Consumer credit falls for 8th month
November 6, 2009 at 3:56 pm

Consumer credit fell in September for the eighth straight month, the longest streak of declines since the Federal Reserve started keeping records in 1943.

$8,000 homebuyers tax credit extended
November 6, 2009 at 3:18 pm

President Obama signed an extension and expansion of the first-time homebuyers tax credit on Friday.

Stop the 'jobless recovery' madness!
November 6, 2009 at 2:08 pm

It's time to stop glorifying our economic doldrums with this "jobless recovery" nonsense.

Unemployment hits 10.2%
November 6, 2009 at 11:47 am

The nation's unemployment rate rose above 10% for the first time since 1983 in October, a much worse jump than expected as employers continued to trim jobs from payrolls.

Yankees - The Goldman Sachs of baseball
November 6, 2009 at 11:22 am

Read full story for latest details.

Treasurys pop after jobs report
November 6, 2009 at 11:08 am

Treasury prices were mostly higher Friday after the government reported that unemployment spiked to 10.2% -- its highest level since April 1983.

Meet the new leaders of banking
November 6, 2009 at 11:04 am

JPMorgan Chase, Wells Fargo and other bank behemoths have bulked up over the past year. But they're not the only ones getting bigger these days.

Stocks seesaw after jobs jolt
November 6, 2009 at 11:00 am

Stocks zigzagged early Friday in a choppy session in which investors mulled a weaker-than-expected October jobs report that saw the unemployment rate spike to a 26-year high.

Gold breaks $1,100
November 6, 2009 at 10:44 am

Gold powered through $1,100 an ounce Friday after the U.S. government said the nation's unemployment rate rose more than expected last month, fueling demand for the metal as a safe haven.
 

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