Reuters

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Bernanke signals possible rate cutPlay

Bernanke signals possible rate cut

Reuters - 9 minutes ago

In a dramatic shift, Federal Reserve Chairman Bernanke signaled a readiness to lower U.S. interest rates in an effort to support an economy battered by financial crisis.

  • How the Fed's move effects Main St. Play
    How the Fed's move effects Main St. Reuters - 38 minutes ago

    Main Street businesses could get a boost as the Federal Reserve steps in to buy commercial paper.

  • Obama gets independent votes Play
    Obama gets independent votes Reuters - 56 minutes ago

    Barack Obama is widening his lead among the crucial independent voting bloc on the eve of the Presidential debate.

  • Bush: US to recover from tough times Play
    Bush: US to recover from tough times Reuters - 1 hour, 24 minutes ago

    President Bush, trying to calm fears after steep stock market declines, said the U.S. economy will recover in the long-term

  • Bush talks bailout and beyond Play
    Bush talks bailout and beyond Reuters - 2 hours, 35 minutes ago

    Trying to calm fears after steep stock market declines, U.S. President George W. Bush said while times were tough now, the U.S. economy would recover in the long term.

  • Nepal's new three-year-old goddess Play
    Nepal's new three-year-old goddess Reuters - Tue Oct 7, 1:34 PM ET

    Authorities in Nepal have enthroned a three-year-old girl as a new Kumari, or "living goddess", in a centuries-old ritual the new government has allowed to continue.

  • Fed in uncharted waters Play
    Fed in uncharted waters Reuters - Tue Oct 7, 1:26 PM ET

    The Federal Reserve announces plans to begin buying commercial paper in another move aimed at calming chaotic financial markets.

  • EU raises deposit guarantee level Play
    EU raises deposit guarantee level Reuters - Tue Oct 7, 1:18 PM ET

    EU finance ministers, seeking a confidence-booster as the global financial crisis pounded Iceland and UK banks, agree a hike in minimum levels of bank deposit insurance across the 27 European Union countries.

  • Iceland battles economic crisis Play
    Iceland battles economic crisis Reuters - Tue Oct 7, 12:32 PM ET

    Iceland takes over its second largest bank and props up its battered currency, the crown, in the face of financial crisis that threatens to overwhelm the economy.

  • Starbucks accused of wasting water Play
    Starbucks accused of wasting water Reuters - Tue Oct 7, 12:24 PM ET

    The giant coffee chain Starbucks has been accused of wasting 23 million litres of water every day by telling employees to keep taps running.

  • Fed steps in again Reuters - Tue Oct 7, 12:24 PM ET

    The Federal Reserve will begin buying commercial paper in a special measure aimed at restoring confidence in another bruised market.

  • UK banks slide further Reuters - Tue Oct 7, 10:37 AM ET

    Recapitalisation rumours caused shares in UK high street banks to slump as much as 30 percent.

  • Traders hold out for rate cuts Play
    Traders hold out for rate cuts Reuters - Tue Oct 7, 9:28 AM ET

    Germany's DAX index opens over 1.5 percent higher after suffering record losses the previous day, ending 7 percent down.

  • Passengers hurt in plane drama Play
    Passengers hurt in plane drama Reuters - Tue Oct 7, 8:48 AM ET

    A Qantas Airbus A330-300 makes an emergency landing at a remote Australian airport.

  • Palace skinny dip spares no blushes Play
    Palace skinny dip spares no blushes Reuters - Tue Oct 7, 8:07 AM ET

    A naked man led police in Tokyo on a two-hour chase in and around the moat of Japan's Imperial Palace.

  • Scores injured in Thai clashes Play
    Scores injured in Thai clashes Reuters - Tue Oct 7, 7:16 AM ET

    Thailand's deputy Prime Minister resigns after accepting responsibility for clashes between police and anti-government protesters.

  • Turkish Army bombs rebel targets Play
    Turkish Army bombs rebel targets Reuters - Tue Oct 7, 7:02 AM ET

    Turkish warplanes have been pounding suspected Kurdish rebel targets in northern Iraq, after the death of 17 Turkish soldiers in a cross-border ambush.

  • So long and thanks for all the fish Play
    So long and thanks for all the fish Reuters - Tue Oct 7, 6:40 AM ET

    Penguins washed up on beaches in north-eastern Brazil head back to their natural habitat.

  • Central Asia quake aftermath Play
    Central Asia quake aftermath Reuters - Tue Oct 7, 6:25 AM ET

    Authorities are on the alert after the wave of tremors that have brought chaos to parts of China, Tibet and Kyrgyzstan.

  • Oz rate cut lifts Asia Play
    Oz rate cut lifts Asia Reuters - Tue Oct 7, 4:50 AM ET

    A large Australian interest rate cut lifted regional share markets from lows on hopes of more action to counter financial turmoil.

  • China: World shouldn't foot US bill Play
    China: World shouldn't foot US bill Reuters - Tue Oct 7, 4:05 AM ET

    The official newspaper of major U.S. creditor China said Tuesday the world shouldn't foot the bill for U.S. economic and financial woes.

  • Argentina sees decline in bees Play
    Argentina sees decline in bees Reuters - Mon Oct 6, 11:25 PM ET

    Experts suggested a boom in the soy industry in Argentina's Pampas plains has contributed to a drop in the bee population.

  • Talk of the Town:Miley's Sweet 16 Play
    Talk of the Town:Miley's Sweet 16 Reuters - Mon Oct 6, 9:55 PM ET

    Talk of the Town brings you the latest in news, music and celebrity talk.

  • Dow slumps below 10,000 Play
    Dow slumps below 10,000 Reuters - Mon Oct 6, 7:11 PM ET

    U.S. blue chips closed below 10,000 for the first time since October 2004 as growing worries of a global economic recession knocked the wind out of investors around the world.

  • Wachovia battle on hold...for now Play
    Wachovia battle on hold...for now Reuters - Mon Oct 6, 6:20 PM ET

    Wachovia, Citigroup and Wells Fargo have agreed to a litigation standstill.

  • Afghanistan: 7 years after invasion Play
    Afghanistan: 7 years after invasion Reuters - Mon Oct 6, 6:06 PM ET

    Mixed verdict on whether life has gotten better some seven years after Afghan war began

  • McCain, Obama prepare for second debate Play
    McCain, Obama prepare for second debate Reuters - Mon Oct 6, 5:59 PM ET

    John McCain is hoping that Tuesday night's presidential debate in Nashville, Tennessee shakes up the race for the White House

  • Star-laden edgy ad campaign targets young voters. Play
    Star-laden edgy ad campaign targets young voters. Reuters - Mon Oct 6, 4:01 PM ET

    Leonardo DiCaprio, Jessica Alba and Ellen DeGeneres are just a few celebs urging young people to vote in a series of edgy campaigns.

  • Lehman's Fuld testifies before House panel Play
    Lehman's Fuld testifies before House panel Reuters - Mon Oct 6, 2:58 PM ET

    Richard Fuld, who was chief executive of bankrupt investment bank Lehman Brothers, testifies before the U.S. House of Representatives panel on oversight and government reform.

  • AIDS and cancer pioneers win Nobel Play
    AIDS and cancer pioneers win Nobel Reuters - Mon Oct 6, 2:27 PM ET

    Two French scientists who discovered the AIDS virus and a German who found the virus that causes cervical cancer are awarded the 2008 Nobel prize for medicine or physiology.

  • Dozens die in Central Asia quake Play
    Dozens die in Central Asia quake Reuters - Mon Oct 6, 2:27 PM ET

    Most of the casualties were in Kyrgyzstan but strong quakes have also hit neighbouring China and Tibet.

  • Deadly California bus crash Play
    Deadly California bus crash Reuters - Mon Oct 6, 1:33 PM ET

    Investigators are looking into what caused a bus to flip over and roll into a ditch in northern California.

  • Mammals in extinction crisis Play
    Mammals in extinction crisis Reuters - Mon Oct 6, 1:26 PM ET

    An international conservation group says a quarter of the world's mammals face extinction.

  • Dow touches 5-year low Play
    Dow touches 5-year low Reuters - Mon Oct 6, 1:26 PM ET

    Worries the government's $700 bank bailout will not be enough to prevent a recession in the U.S. or Europe prompted a sell-off which dragged the Dow below 9,800.

  • Gloves off in White House race Play
    Gloves off in White House race Reuters - Mon Oct 6, 1:19 PM ET

    With less than one month until election day, the gloves appear to coming off in the race for the White House.

  • Stocks tank on uncertainty Play
    Stocks tank on uncertainty Reuters - Mon Oct 6, 1:03 PM ET

    European stocks fell to their lowest level in four years as governments scramble to guarantee deposits and save banks.

  • No public show for Iraq's treasures Play
    No public show for Iraq's treasures Reuters - Mon Oct 6, 12:55 PM ET

    Iraqi curators say that the country's ancient treasures will remain locked away until security improves.

  • Bank deals fail to calm stock markets Play
    Bank deals fail to calm stock markets Reuters - Mon Oct 6, 12:30 PM ET

    Stock markets in Europe and across the globe have plunged after U.S. and European bank bailouts fail to stem fears of economic slowdown.

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