This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Nov 06, 2008
Page
12
Wall Street dropped after the election as investors grimaced at weak economic data and Obama era policies. The Dow fell 486 points, S&P 500 down 53, Nasdaq off 98, with financials and ArcelorMittal among the biggest losers amid recession worries.
Companies including General Motors and Frontier Airlines suspend or reduce 401k matches to save cash during the downturn. Frontier halted its match on June 1 as it seeks Chapter 11 protection, while GM paused matches for 32,000 salaried workers amid plunging auto sales.
The Bush administration laid out plans to borrow a record $550 billion through year end to back the financial rescue. The Treasury will sell $55 billion in bonds next week as part of a $700 billion bailout and near $1 trillion deficit forecast. The Dow fell 486.01 points amid ongoing crisis signals. The Fed said it will raise interest on reserves to banks to bolster liquidity.
Detroit lawmakers say Obama's victory could unlock federal funding to stabilize automakers amid a deep slump. Michigan Sen. Carl Levin, citing adviser Jason Furman, says aid is on the agenda though a funding path was not set. In San Francisco, Wells Fargo to raise 10 billion via stock sale to fund Wachovia acquisition. shares fell with after hours gains.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.