TOP 100 FINANCIAL SITES
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| Fed Auctions $30B to Nation's Banks WASHINGTON (AP) -- The Federal Reserve, seeking to combat the effects of a serious credit crisis, said Tuesday it had auctioned $30 billion in funds to commercial banks at an interest rate of 3.010 percent.... hosted.ap.org |
BP pledges to increase output Energy giant British Petroleum (BP) has pledged to increase its oil production and improve results at its marketing and refining division, The Wall Street Journal reported on Thursday. In Tony Hayward's first strategy presentation s ... english.people.com.cn |
Fremont delays interest payment, seeks restructure NEW YORK (Reuters) - Subprime mortgage lender Fremont General Corp said on Tuesday it is delaying a semiannual interest payment as it negotiates a comprehensive debt restructuring with the holder of the majority of some of its senior notes. feeds.reuters.com |
Economic Preview: Market to study Fed minutes as proof of recession builds A lack of key U.S. economic data in the week ahead will give economists free rein to focus on statements from the Federal Reserve, which has avoided calling the current slowdown a “recession,†even as signs mount that the economy is shrinking. feeds.marketwatch.com |
Moody's profit tops views despite ratings slump NEW YORK (Reuters) - Moody's Corp , the parent of Moody's Investors Service, on Wednesday said quarterly profit fell less than expected as cost cutting helped offset a steep slide in demand for its credit ratings, sending shares soaring 6 percent. feeds.reuters.com |