credit crisis

Citigroup said Monday it planned to cut more than 50,000 jobs, the latest move by the struggling bank to cut costs in order to weather the credit crisis plaguing Wall Street

Lending rates remained near historically low levels Wednesday as banks struggle to put the credit crisis behind them.

Forget the old saw that all real estate is local. What's pummeling housing prices in your nabe is the same thing that's hurting them around the country: the credit crisis.

Lending rates fell Tuesday to levels not seen since before Wall Street's credit crisis erupted in mid-September.

Private equity titan Kohlberg Kravis Roberts is delaying its plan to go public until 2009 amid the credit crisis and turbulence in financial markets.

The International Monetary Fund agrees to offer a $16.5bn loan to Ukraine, hard-hit by fears over the global credit crisis.

If you haven’t noticed, gas prices are back down. In fact, oil has been on one heck of a ride, going from $70 a barrel up to over $140 a barrel and back down to $70 in just one year.

The value of the U.S. dollar took a similar ride, except its value decreased dramatically before returning to about where it was 14 months ago.

What just happened?

Stocks rallied Thursday, as Congressional testimony on the credit crisis giving some signs of a solution encouraged buyers after two days of selling.