The Stock Market: The Stock Market Crash in the Stock Market

  The nation is just days away from the debt ceiling deadline and   no one knows exactly what will happen when the borrowing limit is reached. But even in the worst case scenarios, many experts think investors will flock to U.S. Treasuries.That possibility would mean lower borrowing costs for the government, not the spike in [...]

Toronto Stock Market Crash 2008 The Toronto Stock Exchange and the Dow Jones continued their decline on Tuesday, posting triple-digit losses after the closing bell rang. Talk of interest rate cuts intensified as the losses piled up. Despite an early morning upswing of 250 points, the S&P/TSX composite index finished at a loss of 400.88 [...]

WASHINGTON — President Bush and the world’s financial leaders staged repeated displays of unity Saturday to combat an unfolding credit crisis, hoping to calm investors whose panic has spread despite bold and accelerating government action. While there were no concrete offers of new moves made on Saturday, Mr. Bush pledged anew that his administration was [...]

By Martin Crutsinger and Alan Zibel, AP Business Writers US Government seizes control of mortgage giants Fannie Mae and Freddie Mac WASHINGTON (AP) — The Bush administration’s seizure of troubled mortgage giants Fannie Mae and Freddie Mac is potentially a $200 billion bet that it will help reverse a prolonged housing and credit crisis. ADVERTISEMENT [...]