4:41pm: Banking giant reports - more than a week in advance - worse-than-expected earnings. Dividend halved and $10B stock sale announced. (more)
4:21pm: Borrow the money now, don't trade cash for trash, and other sensible ideas the government is unlikely to follow. (
more)
3:46pm: Bank standards are tighter and small companies are leery of taking on new debt, according to SBA officials. (
more)
3:23pm: Loans are tougher to get, but if you've got good credit car dealers are hungry for your business. (
more)
3:14pm: The foreclosure prevention program is the most aggressive initiative undertaken yet to help stem the housing crisis. (
more)
2:49pm: Many big European institutions are just as heavily leveraged as Lehman Brothers was before its demise. (
more)
2:43pm: World Bank President Robert Zoellick urges reform of group of seven major industrialized nations, saying growing economies should be added. (
more)
2:29pm: Tontine Associates' concentrated bets made it the envy of peers, but now the fund's investments are going south. (
more)
2:19pm: Auction giant buys high-interest credit shop Bill Me Later. (
more)
1:34pm: Treasury reveals interim guidelines for hiring private-sector firms to help run financial rescue program and for preventing conflicts. (
more)
1:30pm: Gerri Willis answers questions from readers who are worried about the safety of their retirement in these grim market conditions. (
more)
1:19pm: Hours after the fight between Citigroup and Wells Fargo for the Charlotte bank intensified in state and federal courts, the three banks agreed to halt litigation until Wednesday. (
more)
1:18pm: Poll finds 6 of 10 believe a depression is somewhat or very likely - seeing 25% unemployed and millions homeless and hungry. (
more)
1:10pm: Agency's head says guarantee up to $250,000 per account won't solve the industry's problems, but reassures public. (
more)
12:58pm: Chief of largest euro-zone bank says its 75% stake in bailed out Fortis to promote stability, more services. (
more)
12:10pm: Investing experts say Europe needs to address its banking problems to get markets back on track - but stocks may almost be cheap enough to attract more foreign cash. (
more)
12:10pm: Global economic slowdown contributes to $6 decline in crude futures. (
more)
11:53am: Richard Fuld, former CEO of bankrupt Lehman, testifies before House panel probing what caused the firm's collapse. (
more)
11:47am: Top court leaves judgment unchanged against satellite broadcaster in TiVo patent lawsuit; Dish says its customers won't be affected. (
more)
11:44am: Bellwether of U.S. economy in steady decline amid financial crisis, company reports losses in loan and lease business. (
more)
11:24am: Despite the current market turmoil - rest assured - there are still places where your money has some degree of protection. (
more)
10:28am: The market crash has thrown a wrench in retirement plans for many baby boomers. Here's how to minimize the damage. (
more)
10:20am: But losses are pared in half after Dow drop reaches 800 points on credit crisis. (
more)
10:13am: 35-year-old Treasury official - and former Goldman Sachs investment banker - to oversee $700 billion rescue package. (
more)
10:12am: Coalition of top economic thinkers finds that governments need to revise financial regulatory structures to prevent crises during market turmoil. (
more)
9:35am: Germany's Allianz will buy $750M in stock, $1.75B in subordinated debentures as financial services firm is pounded by credit crisis. (
more)
9:24am: Governments opt to deal directly with ailing banks on smaller scale compared to U.S. response. (
more)
9:13am: U.S. currency drops 4% against Japanese currency, but rises to 14-month high against the euro as bailouts continue in Europe. (
more)
8:42am: Central bank doubles to $300 billion the amount it will loan banks. Loans could reach $900 billion by end of year. (
more)
8:40am: Size of auctions will grow as Treasury gears up to administer $700B rescue plan and mulls other steps. (
more)
8:14am: World's largest online auction site says cuts will affect about 1,000 of its worldwide employees. (
more)
8:04am: European bank problems add to investors' concern, leading to tighter borrowing and a flight from stocks. (
more)
7:57am: Biotech company ImClone accepts drugmaker's offer of $70 per share, having previously rejected two other takeover bids as too low. (
more)
6:52am: Dow down more than 200 points, Nasdaq and S&P down 2.3%, in reaction to global slowdown (
more)
5:36am: You thought the Aeron was cool? Wait till you take a seat on Herman Miller's new Embody chair. (
more)
5:33am: Crude prices tumbled, falling below $90 for the first time since February as worries heighten that the financial crisis will hurt demand. (
more)
4:34am: The founder and CEO of FedEx answers Fortune.com readers' questions - and a few of our own - about fuel, the financial crisis and his future. (
more)
4:23am: Markets tumble in Europe, Asia and Latin America amid shake-ups in Europe's bank sector. (
more)
