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The Bush administration seized control Sunday of troubled mortgage giants Fannie Mae and Freddie Mac, aiming to stabilize the housing market turmoil that is threatening financial markets...
NEW YORK, Sept. 7 /PRNewswire/ -- COVER: The Biggest Experiment Ever. (Atlantic and Latin America editions) Senior Editor Fred Guterl, London Reporter William Underhill...
Foodmakers may be worried about higher costs for key ingredients, pushing through price increases and still maintaining their profits. But for big names like Sara Lee, Kraft and others,...
Taiwanese leaders sought to ease mounting complaints about the island's slowing economy on Sunday, the latest in a string of public apologies and promises to prop up consumer demand and...
Libya's OPEC representative said Sunday that members of the oil producer cartel should respect their quotas, adding that the oil market was oversupplied. Speaking to AFP, the
The operator of the oil rig involved in last week's deadly helicopter accident off the Dubai coast said production remained halted on the platform Sunday. The rig serves the Rashid oil...
Iraq's Cabinet approved an initial gas agreement Sunday between the Oil Ministry and Royal Dutch Shell PLC to invest in a joint venture to tap natural gas in southern Iraq, a government...
Phelps' marketing success this summer grows from a strategy his agent, Peter Carlisle of marketing powerhouse Octagon, has mapped out carefully over the six years of their partnership....
With oil prices off nearly 30 percent from their highs of almost $150 a barrel, OPEC oil ministers are considering what was unthinkable just a few weeks ago _ cutting back output to prop up
Posing for a snapshot with a glittery championship belt in a packed theater, Seigi Nishiyama was among some 600 fans who can't get enough of World Wrestling Entertainment. "The stories...
British trade unions called Sunday for tax cuts for lower-income workers, and tax hikes for the rich, as Prime Minister Gordon Brown's goverment grapples with a sharp economic downturn.
NEW YORK (Reuters) - The bears have been in firm control on Wall Street so far in September, and with anxiety about the health of the United States and world economies on the rise, they...
LONDON (Reuters) - Investors are likely to be wrestling this week with two new factors that have arisen to complicate an already tricky environment -- a sharp about-face in currency trading
The Bush administration, acting to avert the potential for major financial turmoil, says the federal government was taking control of mortgage giants Fannie Mae and Freddie Mac. ...
The Bush administration, acting to avert the potential for major financial turmoil, says the federal government was taking control of mortgage giants Fannie Mae and Freddie Mac. ...
Joe Biden says the government's rescue of the big mortgage companies Freddie Mac and Fannie Mae should not mean bailing out shareholders at the expense of taxpayers. The Democratic...
COMPANY ANNOUNCES NEW DRAMATICALLY LOWER DELIVERY CHARGES ON MOST ITEMS MEDFORD, Ore., Sept. 7 /PRNewswire/ -- Harry & David, the country's largest and...
Jan. 1 renewals likely to reflect slowing rate of decrease in reinsurance pricing provided no significant catastrophe losses MONTE CARLO, Monaco, Sept. 7...
Iran said on Sunday that OPEC members should cut output to the agreed target quotas in the face of falling oil prices, two days before the cartel meets in Vienna, state-run IRNA news agency
Iran's inflation hit 27.6 percent in the calendar month of Mordad that ended August 21, the central bank said Sunday, as Iranians were again battered by rising prices of basic foodstuffs...