- Dubai Struggles to Ease Debt Fears; Investors Rattled
- US Dollar Falls to 14-Year Low Against the Yen
- US Companies Already Moving on Curbing Emissions
- Fannie Mae to Tighten Lending Standards: Report
- Investing in Good Karma – and Making a Profit
- Retailers Should Believe in Christmas Miracles
- Bankruptcies Jump, Hitting Highest Level in Four Years
- Steepest Black Friday Discounts, Revealed
- Lloyds Gets OK for Record $22.5 Billion Rights Issue
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Revenge of the Gangsta Nerds
- Will TCU See The "Flutie Effect?"
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
MOST SHARED
- Kuoni CEO Sees Recovery in Travel Sector
- Dubai Struggles to Ease Debt Fears; Investors Rattled
- Gold Retreats from Record High as Dollar Rebounds
- China Unveils Carbon Target Ahead of Copenhagen
- Euro Shares Record Biggest Drop in 7 Months
- Hyundai-Kia Targets Rapid China Growth in 2010
- Great Britain, No Longer That Great: Investor
- Fannie Mae to Tighten Lending Standards: Report
- Chinese Overcapacity is Worsening, EU Chamber Warns
- US Markets Bracing for Selloff On Worries About Dubai's Debt
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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.
- For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
- Ever wished your cab driver would stop nattering and just get to where you're going? Well that moment is near(er).
- Eric Schmidt pledges to create a virtual copy of the Iraq National Museum at Google’s expense.
- Bill Griffeth is taking a leave of absence from CNBC and Power Lunch for a year. Here's a message from Bill.
- More shoppers than ever plan to comparison-shop this season. Who will benefit?
- It may be the most unusual guide to business you'll read.
Data is a real-time snapshot *Data is delayed at least 15 minutes