Stocks rose Tuesday afternoon after the Federal Reserve said it would loan up to $200 billion to banks and lenders as a means of loosening up tight credit markets.
Dow soars 417 points
Stocks rallied Tuesday on news that the Federal Reserve, in coordination with central banks worldwide, will lend up to $200 billion to banks in an...
Wall Street jumps on Fed move
Stocks rallied Tuesday afternoon as investors welcomed news that the Federal Reserve will lend up to $200 billion to banks and lenders as a means of...
Lending grows - first time since Lehman
In a sign that the government's efforts to unfreeze the credit markets are starting to take hold, a key market for lending to major businesses and...
Fed cuts rates again
The Federal Reserve cut a key short-term interest rate by a half-percentage point Wednesday and expressed continued worries about the damage being...
No quick recovery
Federal Reserve Chairman Ben Bernanke warned in a speech Wednesday that the U.S. economy will take some time to recover - even if the credit markets...
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