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US stocks raced higher Thursday as a downtrodden market in one crazed session nearly recouped three days of stiff losses, with the Dow Jones Industrial Average tallying its third-biggest point gain after wild swings in both directions.
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AFP - The European Union, United States and Canada said Thursday they had settled their WTO dispute with China over Beijing's restrictions on foreign financial news providers working in the country.
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AP - Banks and investment firms reduced borrowing from the Federal Reserve's emergency lending program over the past week, although demand for the loans remains elevated.
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By DAVID M. HERSZENHORN WASHINGTON - The chairman of the Senate banking committee said on Thursday that he did not believe there would be sufficient Republican support for efforts to aid foundering automobile manufacturers, raising doubts about whether ...
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By Myra P. Saefong & Polya Lesova, MarketWatch SAN FRANCISCO (MarketWatch) -- Crude-oil futures closed higher Thursday, recovering from a dip to a 22-month low as traders weighed further indications of slowing energy demand against the possibility of ...
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AP - Russia's president and top business leaders looked Thursday to warming relations with the European Union as a ray of hope for Russia's tottering markets and at-risk economy.
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By Peter Cook and John Brinsley Nov. 13 (Bloomberg) -- US Treasury Secretary Henry Paulson urged Congress to come up with money to rescue US automakers from the brink of bankruptcy, saying his $700 billion financial rescue plan isn't intended for ...
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By Alistair Barr, MarketWatch SAN FRANCISCO (MarketWatch) -- Genworth Financial shares surged more than 50% on Thursday after the insurer tapped credit lines to help pay off debt that's set to mature next year.
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AP - German Chancellor Angela Merkel has insisted before a summit of world leaders to address the global financial crisis that there can be "no more blind spots" in international markets.
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By Glenn Somerville WASHINGTON (Reuters) - A bid by global leaders to push forward plans this weekend to erect a firewall against future financial crises like the one now threatening the world economy will quickly run into tough political realities ...
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