Gas price drop creates $125 billion stimulus effect
Gasoline values have fallen sharply from mid summer highs, with the nation gaining about $125 billion in potential consumer spending. Despite relief at the pump, unemployment fears and sagging assets dampen confidence and spending. Analysts say the decline could act as a de facto stimulus while lawmakers weigh a second round of checks.
MENTIONED IN THIS ARTICLE
Houston
Jacob Curtis
Columbus
Ohio
Associated Press
Yahoo News
Lawrence Goldstein
Energy Policy Research Foundation Inc
World Leaders to Meet in Washington on Finance Crisis
World leaders will gather November 15 in Washington to address the global financial crisis and discuss causes, responses, and guiding reforms. Attendees include major economies such as the UK, France, Germany, Italy, Canada, the EU, China, Brazil, India, Russia, and Korea. The White House will seek input from the incoming U.S. president.
MENTIONED IN THIS ARTICLE
Washington, D.C
Washington
White House
Dana Perino
Iz Onoan
United Kingdom
France
Germany
Italy
Canada
United States
European Union
China
Brazil
India
Russia
South Korea
U.S
Wachovia 3Q loss clears path for Wells Fargo deal
Wachovia reports a 3Q loss of about 24 billion dollars driven by a 19 billion write down of intangible assets and a 4.8 billion boost to loan loss reserves. The moves, described by Wells Fargo executives as prudent, align Wachovia's balance sheet with the acquirer's conservative posture and support the expected Wells Fargo takeover.
MENTIONED IN THIS ARTICLE
New York
Wachovia
Wells Fargo
Wachovia Corp
Howard Atkins
Weak earnings stoke sell off on Wall Street
Wall Street tumbled as the Dow fell about 514 points amid fears of a deep recession and weak corporate earnings from Wachovia Boeing and Merck. McDonald's bucked the trend with higher third quarter profits while Treasury Secretary Paulson warned of difficult months ahead. Oil slid below 67 a barrel as global markets sank with Asia Europe and South America posting large losses.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Dow Jones
Dow
Wachovia Corp
Boeing
Treasury
Henry Paulson
Charlie Rose
Standard & Poor
Asia
Europe
South America
Brazil
Argentina
Economy drives Americans to skip care and medicines
The economy pushes many to forgo doctor visits and tests, skip medications, and delay mammograms and Pap tests. Kaiser data show rising numbers delaying care. IMS Health notes a drop in prescriptions. healthcare executives report declines in elective procedures. Strong individuals cited include Julie Shelley of Ohio and Donald Hendricks of Illinois.
MENTIONED IN THIS ARTICLE
Chicago
Julie Shelley
West Milton
Ohio
Lombard, Il
Donald Hendricks
Hendricks
Kaiser Family Foundation
IMS Health
National Association of Insurance Commissioners
Dick Clarke
Healthcare Financial Management Association
Also Mentioned on This Page
Financial News
Beech Island Avenue
Southern Carolina Construction, Inc
Stoke
Merck & Co
McDonald’s Corp
New York Stock Exchange
Indianapolis
Rachhelle Miles
Eric Schack
IMS
Allstate
Takiyah Bryant
Allstate Insurance Company
Dougherty Road
Aiken
Allstate.com
NYSE
Proutstel
Prouko&g
Wednesday's Market IN Review
Mame _ Lael Gag Eng
Bucyrus S
Naspaaq
Microsoft
ProunFin
Prounsp
Inc
RischMonn
Name
Div
Atat Inc
AlcatelLuc
Alcoa
Almas
AmExp
AmintiGo
Apple Inc
Nasd
BP PLC
CBS
Naso
Cvrd NY
ConAgra NY
Dellinc
FMC Corp
PhilMor NY
Potash NY
PwShs Qt
Nash
Prushs
ProctGam NY
RegionsFn NY
AschMonn Nasd
Roydshila NY
SCANA
SouthFnel
SouthnCo NY
Amex
Friel Amex
Synovus S NY
Textron NY
Wny
Wandards
Daiy Dow Jones
Mutual
PIMCO
Grthama m
Capiicbua m
Amercan
Cpwidgria m
Vanguard
EurPacGrAm
Newpersoa m
Dodge & Cox Stock Nw
FundminvAm
BalAm
Vanguard Socadmi NL
Dodge & Cox
Fidelty Magelan
Pat Roberts
Gelling Gliteen
Prudential Woodside Realty
Nirs
Aikensc.com
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!