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Oil prices recovered Tuesday in tandem with European stock markets but remained below $50 a barrel as fears of a major automaker bankruptcy in the U.S. sparked renewed jitters over the global economy. Benchmark crude for May delivery was up $1.19 to $49.60 by…
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Wall Street is set to resume its rise on hopes that it will get more budding signs of economic recovery. Data being released later Tuesday include the S&P Case-Shiller January home price index, a private research group’s March consumer confidence index, and…
Annmarie Asch found a nasty surprise when she opened her mail last month. It was a note from Capital One, her credit card company. It said it would raise the interest rate on her credit card to 17.9 percent, from… View original post here:
Gottschalks Inc. said Tuesday that it won’t be able to avoid liquidation and will sell merchandise and other items at its retail stores and distribution center. The retailer, which sought Chapter 11 bankruptcy protection in January, had hoped to possibly…
LONDON (Reuters) – The World Bank announced a $50 billion program on Tuesday to counter a decline in global trade and Britain called on G20 leaders to supply “the oxygen of confidence” to save the world economy from recession.
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Japan’s Prime Minister Taro Aso ordered his government Tuesday to compile fresh stimulus measures to help lift the country out of recession. Aso, who has repeatedly said that restoring Japan’s economy is the top priority of his government, had launched two… Presented By:
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