- White House to Expand Program to Stem Foreclosures
- Regulators Compile Global List of 'Systemic Risk' Banks
- Dubai Stocks Shed 7%, Abu Dhabi Tumbles 8%
- BofA Aims to Clearly Spell Out Credit Card Terms
- What Black Friday Shoppers Spent on – And Where
- Partridge Demand Slump Doesn't Offset '12 Days' Costs
- Dubai's Nakheel Seeks Suspension $5.25 Billion in Bonds
- A Weak IPO Debut for Las Vegas Sands' Macau Unit
- US Senator Opposes Fed Chief Bernanke Renomination
- Diving Partridge Demand Can't Keep Lid on '12 Days' Cost
- Tamminen: Copenhagen And Beyond
- Dubai is Harsh Reminder of Prolonged Global Recovery
- Tiger Woods Wants to Protect Family Privacy: Agent
- Portfolio Prep for Next Week: 'Don't Get Crazy'
- U.S. Stocks Fall on Dubai Worries
- Black Friday at Best Buy
- Strategists on Dubai: Avoid 'Rash Moves' Now
- Longer Lines, Fuller Carts This Black Friday
MOST SHARED
- US Shoppers Spent Less Over Black Friday: NRF
- Dubai Stocks Shed 7%, Abu Dhabi Tumbles 8%
- Tiger Woods Wants to Protect Family Privacy: Agent
- Dubai's Nakheel Seeks Suspension $5.25 Billion in Bonds
- US Senator Opposes Fed Chief Bernanke Renomination
- South Korea Sees Exports Bouncing, but Risks Remain
- Japan Won't Intervene to Weaken Yen: Finance Minister
- Sands China Ends 10.2% Lower in Hong Kong Debut
- BofA Aims to Clearly Spell Out Credit Card Terms
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A day of the waiting and warnings.
The sovereign fund Korea Development Bank confirms it in talks with Lehman Brothers [LEHMQ
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] for a possible investment in the troubled US financial firm.
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Trouble is also in the air for mortgage lenders: Fitch Ratings cut its ratings on preferred shares of Fannie Mae [FNM
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] and Freddie Mac [FRE
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], citing concern that if the government-backed lenders can't get access to needed capital, they could be forced to cut their dividends. (As it turned out, that was the least of it!)
What You Were Reading:
- KDB Confirms Talks with Lehman on Possible Deal
- GM Not Optimistic About the Rest of 2008: Exec.
- Has the S&P Ever Lost More Points Than the Dow?
The Dow Industrials jump more than 200 points in early trading after oil prices fall to a five-month intraday low, but optimism did not carry the day.
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The Dow closed down 26.63 points, at 11,516.92; the S&P lost 5.25 points at 1,277.58; and even the tech-heavy Nasdaq slipped 18.28 points at 2,349.24.
What the Experts Were Saying:
Lehman Bros.' CEO Dick Fuld scrambles for deals to buoy the firm. Charlie Gasparino reports.
Dissecting the financials, with Peter Boockvar, Miller Tabak and Eric Ross, Canaccord Adams.
Crude oil volatility, with Mary Novak, Global Insight; John Kilduff, MF Global; and Vince Farrell, Soleil Securities.
- Ever wished your cab driver would stop chatting and just get to where you're going? Well, that moment is closer than ever.
- With Americans cutting back on spending, holiday tipping will take another hit this year.
- From the why-didn’t-I-think-of-that file, we present Jason Sadler, a man whose job is wearing T-shirts.
- Shopping for a gadget hound? The choices can be baffling. Here are a few that should be a hit.
- "The Who" will be the halftime act for Super Bowl XLIV on Feb. 7 in Miami. Is the NFL behind the times?
- Zhu Zhu Pets are this year's must-have toy, fetching $40 or more on eBay.
Data is a real-time snapshot *Data is delayed at least 15 minutes