More Relief for the Credit Crunch?
The head of the New York Fed, Timothy Geithner, hinted at further actions to restore banking confidence but offered no specifics
Why the Fed Hung Tough
While many investors were hoping for more, the Federal Reserve trimmed interest rates by a quarter-point and remains wary of inflation
India’s Pivotal Election
The BJP's Hindu nationalist and pro-business policies face a test in the western state of Gujarat, where Narendra Modi is up for reelection as chief minister
Henry Paulson’s Holiday Wish List
The U.S. Treasury Secretary will be asking Beijing for faster appreciation of the yuan and reforms that will let foreigners in on the country's investment banking boom
What Will Europe’s Central Banks Do?
S&P thinks the conflicting risks of higher inflation and lower growth will lead to at least one ECB rate cut in the second half of 2008
The Real Costs of Saving the Planet
Critics say limiting carbon emissions could cost trillions. But a new study suggests the costs are much lower
The Economy: Another Blow to Q4 Growth
Reports on October personal income and construction spending prompt Action Economics to slash its GDP forecast for the quarter to 0.5%
Europe: The Risk from a U.S. Downdraft
The euro zone grows increasingly concerned that it may not be immune to the fallout from slowing U.S. growth and the subprime mess
Stocks: Making Sense of November’s Slide
What could stop the bleeding? One pro suggests a "shock and awe" Fed rate cut of a full percentage point
How $100 Oil Could Help
Pricey crude hurts in all sorts of fiscal ways—but it could also spur crucial investment in alternative fuels