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Yahoo! News: Business
Fri, 05 Sep 2008 21:22:48 GMT
Sep 05, 2008 02:22PM
Treasury near GSE bailout plan: report (Reuters)
Reuters - The U.S. Treasury Department is
close to finalizing a plan to buttress mortgage finance
companies Fannie Mae and Freddie Mac , the Wall
Street Journal reported on Friday.
Sep 05, 2008 10:26AM
Jobless rate at 5-year high (Reuters)
Reuters - An unexpectedly steep 84,000 U.S.
jobs were lost in August and the unemployment rate hit a
five-year high of 6.1 percent, fanning worry ahead of
November's presidential vote that the economy was near
recession.
Sep 05, 2008 02:18PM
Dow, S&P end higher on financials, down for week (Reuters)
Reuters - NEW YORK (Reuters) -The broader U.S. stock market edged
higher on Friday, but still posted its worst week since May, as
a rally in financial stocks helped reverse losses sparked by a
government report showing the U.S. jobless rate rose to a
five-year high.
Copyright (c) 2008 Yahoo! Inc. All rights reserved.
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