Archive for August 4th, 2008
« Previous EntriesDrop in bank profits pressures dollar
Monday, August 4th, 2008The dollar fell against the euro Monday as investors digested news of a large drop in profits at British bank HSBC.
Stocks stumble on economic jitters
Monday, August 4th, 2008Stocks closed lower Monday, the third consecutive day of declines, as falling oil prices could not completely overcome concerns about the health of the nation’s economy.
Putting Obama’s energy plan to the test
Monday, August 4th, 2008Democratic presidential candidate Barack Obama said Monday that he feels Americans’ pain from rising energy costs and laid out his plan to break the country’s “addiction” to oil.
Treasurys sluggish ahead of auction
Monday, August 4th, 2008Treasury prices slipped slightly Monday in anticipation of $27 billion of new government debt to be issued this week.
Kerviel’s assistant faces preliminary charges
Monday, August 4th, 2008Read full story for latest details.