financial sector

Problem banks rise to 13-year high

CNN Money  Tue, 11/25/2008 - 9:40am

The government's watch list of problem banks grew staggeringly in the third quarter, according to a government report on the embattled financial sector released Tuesday.



 

Why the banks need stronger medicine

CNN Money  Mon, 11/24/2008 - 2:38pm

The latest round of government help for Citi buys the troubled bank some time. But the financial sector will need much stronger medicine before a recovery can get under way.



 

Russia moves 'to boost market'

BBC Finance  Thu, 10/23/2008 - 7:35am

Russia's Duma approves measures to boost funds for the financial sector, following recent market volatility, local media say.



 

Oil prices decline still further

BBC Finance  Wed, 10/15/2008 - 5:32am

Oil prices continue recent falls, dragged down by the expectation turmoil in the financial sector will lead to a wider economic slump.



 

New York 'faces 165,000 job cuts'

BBC Finance  Wed, 10/15/2008 - 3:48am

New York City could lose 165,000 jobs as a result of the crisis in the financial sector, the city's chief financial officer warns.



 

Car firms see sales plunge in US

BBC Finance  Thu, 10/02/2008 - 1:38am

US car sales fell sharply last month, the latest sign that woes in the financial sector are spreading to the wider economy.



 

IBM’s one-day tumble: Tough quarter or fluctuating dollar?

ZDNET - Between the Lines  Wed, 10/01/2008 - 4:22pm

The perfect storm may be brewing for Big Blue. Clearly, the economy is slowing. Also, the impact of Wall Street’s activity this week, as well as the troubled financial sector that IBM serves, could start to trickle down.

And, the dollar is fluctuating.