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• AmEx rates credit risk by where you live, shop

  As the global credit crunch reaches beyond Wall Street, some American Express customers are seeing credit limits reduced because of where they live, where Read More... Posted Tuesday, October 07, 2008 6:42 AM from MSNBC.com: Business | (Comments Off) Filed under: Business

• Fed eyes short-term business loan plan

  The government is weighing a bold plan to buy massive amounts of unsecured short-term debts in a dramatic effort to break through a credit clog that is Read More... Posted Tuesday, October 07, 2008 12:43 AM from MSNBC.com: Business | (Comments Off) Filed under: Business

• Global turmoil could reverse prosperity

  Despite a $700B price tag, financial rescue plan is rapidly becoming dwarfed by size of global crisis. Read More... Posted Tuesday, October 07, 2008 12:07 AM from MSNBC.com: Business | (Comments Off) Filed under: Business

• U.S. financial panic goes global

  For a time, it appeared that the impact of the recent financial panic and ongoing economic downturn might be contained to the U.S. No more. Read More... Posted Monday, October 06, 2008 7:46 PM from MSNBC.com: Business | (Comments Off) Filed under: Business

• Fed OK’s Japanese stake in Morgan Stanley

  The Federal Reserve has granted approval for Japan's largest bank to purchase a stake in U.S. investment giant Morgan Stanley. Read More... Posted Monday, October 06, 2008 6:38 PM from MSNBC.com: Business | (Comments Off) Filed under: Business

• Why you shouldn’t bail on stocks

  To many panicky investors, it feels like financial Armageddon. But decades worth of investing precedent suggest otherwise. Read More... Posted Monday, October 06, 2008 5:05 PM from MSNBC.com: Business | (Comments Off) Filed under: Business

• BofA to cut dividend in half, sell stocks

  Bank of America Corp.'s third-quarter profit fell 68 percent and the bank says it's selling stock and halving its dividend to boost capital. Read More... Posted Monday, October 06, 2008 4:55 PM from MSNBC.com: Business | (Comments Off) Filed under: Business

• As economy dims, utility shut-offs are soaring

  The number of Americans whose electricity or gas has been shut off for nonpayment of their bills is up sharply in many parts of the country as people struggle Read More... Posted Monday, October 06, 2008 4:22 PM from MSNBC.com: Business | (Comments Off) Filed under: Business

• Web page offers news for small business owners

  A new Web page on msnbc.com offers small business owners and entrepreneurs a place to get expert advice, network with other entrepreneurs and learn how Read More... Posted Monday, October 06, 2008 2:46 PM from MSNBC.com: Business | (Comments Off) Filed under: Business

• Meltdown trips up aspiring investment bankers

  The path to a high-powered career in investment banking suddenly is full of roadblocks for MBA students who have seen Wall Street drastically reshaped Read More... Posted Monday, October 06, 2008 1:30 PM from MSNBC.com: Business | (Comments Off) Filed under: Business

• BofA to pay $8 billion over subprime suit

  Facing a lawsuit over deceptive mortgage practices, Bank of America Corp. is agreeing to pay more than $8 billion to modify hundreds of thousands of loans Read More... Posted Monday, October 06, 2008 12:28 PM from MSNBC.com: Business | (Comments Off) Filed under: Business

• Report: Fed pushes suitors to share Wachovia

  Federal Reserve officials have been pushing for Citigroup Inc. and Wells Fargo & Co. to reach a compromise over Wachovia Corp., according to a media report Read More... Posted Monday, October 06, 2008 11:13 AM from MSNBC.com: Business | (Comments Off) Filed under: Business

• Economists getting gloomier about outlook

  In its official forecast released Monday, the National Association of Business Economists said they expect the U.S. economy to come to a halt in the fourth Read More... Posted Monday, October 06, 2008 10:18 AM from MSNBC.com: Business | (Comments Off) Filed under: Business

• Hearings open on financial meltdown

  Three days after providing a $700 billion bailout for Wall Street, Congress is holding its first hearing into what caused U.S. financial markets to collapse Read More... Posted Monday, October 06, 2008 9:58 AM from MSNBC.com: Business | (Comments Off) Filed under: Business

• Treasury, Fed pledge rapid response to crisis

  The president’s top economic advisers are pledging to work with their counterparts around the world to restore confidence and stability to financial markets Read More... Posted Monday, October 06, 2008 9:27 AM from MSNBC.com: Business | (Comments Off) Filed under: Business