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MILAN, Dec 3 (Reuters) - The following factors could affect Italian markets on Wednesday.
WASHINGTON – Humbled and fighting for survival, Detroit’s once-mighty automakers appealed to Congress with a retooled case for a bailout as large as $34 billion Tuesday, pledging to slash workers, car lines and executive pay in return for a federal lifeline.
Surf for savings: The National Retail Federation estimates that one-third of American shoppers will turn to the Internet this holiday season. Free shipping and no crowds make the Internet the place to save time and stretch economy-sapped budgets.
Hard times are hitting Carlisle Area Health & Wellness Foundation, too, according to Executive Director Bets Clever, who reported that the value of CAHWF’s trusts is down 20 to 30 percent.
NEW YORK (AP) -- In a session that showed more indecision than conviction, the stock market rebounded Tuesday from the previous day's massive decline. The Dow Jones industrials rose 270 points after fluctuating sharply, and all the major indexes rose more than 3 percent.
The $25 billion in bridge loans being sought by Detroit automakers from the U.S. Congress this week is probably less than a quarter of the money the companies will need to survive, says industry analyst Tony Faria.
Dec. 3 (Bloomberg) -- European stocks fell, led by technology shares, as concern earnings will deteriorate further overshadowed speculation government efforts will stem the economic slump. U.S. index futures declined before a report that will probably show a deepening contraction in services.
Niall Ferguson's latest book went to press in May, yet it shrewdly anticipates many aspects of the current
Just in time for the holiday season, my wife received a notice that the fund she uses for her Roth IRA will shut its doors Monday.
Primary issuance fell On Tuesday as mutual funds refrained from purchasing certificates of deposit (CDs) On Tuesday due to limited inflows in their fixed maturity plans, dealers said. Banks placed just over Rs 850 crore On Tuesday compared with Rs 1,400 crore on Monday.
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