Business

  • 19 stocks that couldn't catch a break(CNN)
    Investors around the world cheered as stock markets experienced a broad-based recovery Monday from last week's dismal performance. But as the S&P 500 saw its best-ever point day a small group of stocks were left out in the cold.

  • Global stocks follow U.S. lead(CNN)
    Global stocks rallied at the open, on the heels of a massive rally in U.S. and European markets and in anticipation of more government investment in ailing banks.

  • U.S. to debut rescue(CNN)
    The Bush administration will unveil Tuesday sweeping measures to shore up the nation's financial system and restore confidence in it.

  • Obama: 5 new ideas for crisis(CNN)
    Both presidential candidates have gotten flack for not being more specific about just what they would do to help ease the financial crisis.

  • Goldman applies for N.Y. charter(CNN)
    Recently minted commercial bank Goldman Sachs Inc. has applied for a New York state banking charter, state officials said Monday.

  • Bank mergers and your savings(CNN)
    Recent consolidation in the banking industry could be bad news for consumers. Here is what you need to know.

  • Retail shakeout: 'Worst is yet to come'(CNN)
    The credit market freeze has added to an incredibly tough sales year for U.S. retailers, and analysts warn that these challenges are just the beginning of what could be a brutal 2009 for merchants.

  • Europe to U.S.: You messed up the rescue, too(CNN)
    First you mess up the world's financial system. Then you blow the rescue of it. Now let's show you how to do it properly.

  • Pelosi: New stimulus to help middle class(CNN)
    House Democrats will propose a new stimulus package to "rebuild America" and "help the middle class," Speaker Nancy Pelosi, a California Democrat, announced Monday.

  • Bank stocks miss the rally(CNN)
    The stock markets finally enjoyed a good day, cheered by the news that global governments are taking unprecedented steps to ensure that the world's banking system does not crumble.

  • Oil recovers but demand worries remain(CNN)
    Oil prices bounced back above $80 a barrel Monday after a group of European countries tried to restore economic confidence by promising to bail out major banks.

  • What Treasury is planning(CNN)
    More light was shed on the Treasury's $700 billion rescue plan Monday, but many questions still remain.

  • Dollar slips vs. euro, pound(CNN)
    The U.S. dollar fell against the euro and the pound Monday after government officials worldwide announced coordinated efforts to stabilize financial markets.

  • World takes action to fix crisis(CNN)
    European countries acted quickly Monday to shore up troubled banks by promising billions of euros in loan guarantees and capital investment.

  • Spanish bank to buy Sovereign for $1.9 billion(CNN)
    Spanish bank Banco Santander, S.A. will acquire Sovereign Bancorp in a stock-for-stock transaction valued at about $1.9 billion, the companies announced Monday.

  • Raging bulls(CNN)
    Stocks rallied Monday afternoon, with the Dow rallying 976 points during the session, as investors bet that the worst of the credit crisis is over, following a series of global initiatives announced over the last few days.

  • GM closing factories in Wisconsin, Michigan(CNN)
    Read full story for latest details.

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