TOP 100 FINANCIAL SITES
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| Fed official: Housing slump largest factor behind U.S. economic slowdown A U.S. Federal Reserve official said on Friday that the housing slump, and its spillover into the financial markets, is the largest factor behind the current economic slowdown. "As all of us know only too well, one of the most press ... english.people.com.cn |
Sprint Runs Into More Trouble Sprint posted a $29.5 billion loss, hurt by a write-down of the value of Nextel. A bleak forecast warned of more subscriber losses. online.wsj.com |
Fed moves may be just 'symbolic' The US Federal Reserve's latest emergency measures are unlikely to bring an end to the financial market crisis, analysts said.But they expect the uncertainty will complicate China's situation, in which domestic policymakers are maneuver ... english.people.com.cn |
Samsung Chairman Denies Bribery Charges Samsung Group Chairman Lee Kun-hee has denied that he ordered the creation of a slush fund at the center of a high-profile probe into alleged bribery by South Korea's largest business conglomerate. feeds.cbsnews.com |
Delta, Northwest Post Big Losses Delta's loss ballooned in the first quarter to $6.4 billion and Northwest Airlines' loss widened to $4.1 billion, as the carriers took big charges related to their slumping stock prices amid a surge in fuel costs. online.wsj.com |