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Former Fed chief says government needs clear process of handling bailouts Former Federal Reserve chairman Alan Greenspan says the government should only bailout a failing company if it poses a great threat to the entire...
Pedestrians are reflected on an electronic stock indicator in Tokyo on Friday, Sept. 5, 2008. The benchmark Nikkei 225 index lost 319.05 to close the morning session at 12,238.61. (AP Photo/Koji Sasahara) TOKYO -- Asian...
NEW YORK (Reuters) -Wall Street had its steepest decline in more than two months on Thursday, as more signs of weakness in the labor market and increasingly sluggish growth overseas fueled fears about the ability of the...
Banks borrowed more over the past week from the Federal Reserve's emergency lending program, while Wall Street firms took a pass for the fifth week in a row. A Fed report released Thursday said commercial banks averaged...
