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| : Category : Businessweek business news |
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| . : Source: CNN money ads |
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S&P 500 sinks 6.7% to '97 low | | Wall Street slumped Thursday afternoon and the S&P 500 closed at an 11-1/2 year low as fears of a prolonged recession sparked a massive selloff.
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| . : Source: CNN money |
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Big banks get crushed | | Bank stocks plunged again Thursday with some of the biggest names in the industry falling to their lowest levels in more than a decade. It's anybody guess when the selloff will end.
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| . : Source: CNN money |
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Auto bailout: Not now, maybe later | | With the prospects of an auto bailout this week all but dead, Democratic leaders said Thursday that Congress would return in December to consider extending a $25 billion lifeline for troubled U.S. automakers if the companies devise a "viable" recovery plan.
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| . : Source: CNN money |
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The Big 3 Depression risk | | The U.S. auto industry weathered the Great Depression. But there are some fears that its current crisis could cause another one.
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| . : Source: CNN money |
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| . : Source: CNN money ads |
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