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Stock futures slide on economy and consumer worries (Reuters via Yahoo! News)
Stock index futures fell on Monday as concerns about the deepening world economic slump reduced the appetite for risk and investors fretted about the start of what they fear will be a bleak holiday buying season.
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Sector Snap: Consumer Lenders (AP via Yahoo! Finance)
Consumer spending is likely to decline as the nation's largest credit card lenders cut customers' credit lines over the next year and a half, which could hurt revenue and profit for the banks and slow an economic recovery, according to one analyst.
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Markets Make Bumpy Bottoms (Forbes)
Volatility has been at extremes, but with inflation laid low, the market's likely headed higher if the dollar holds.
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Stocks struggle higher (CNN Money)
Wall Street muscled higher Tuesday afternoon, giving up bigger session gains, after GM and Ford said sales plunged in November and oil prices fell to fresh 3-1/2 year lows.
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FIRST COAST TICKER: Citigroup's credit card division facing more losses (The Florida Times-Union)
The federal government's bailout package last week for Citigroup Inc. protects the global banking giant against some losses from residential and commercial mortgages. But Citigroup's mortgage operations are not the only business losing money these days.
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Subscription rates (St. Petersburg Times)
Subscription to The ST. Petersburg Times is available in all St. Petersburg and Leningrad region post-offices. Subscription index – 32939 . You can also subscribe by Pressinform catalogue at: 9 Turbinnaya Ul. Tel. 335-9751, 11 Sadovaya Ul. Tel. 315-1196.
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(AFX UK Focus) 2008-12-01 23:01 UPDATE 1-US bank stocks in biggest drop since crisis began (Interactive Investor)
NEW YORK, Dec 1 (Reuters) - U.S. bank stocks on Monday suffered their biggest one-day decline in the current financial crisis, on expectations a deepening global economic slump will reduce employment, crimp access to credit and spur more writedowns. The broad-based Standard & Poor's Financials Index plunged 17 percent, a bigger drop than the 16.1 percent decline recorded on Sept 29, which had ...
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What to Do With $5,000 (The Motley Fool)
Make the most of the money you have. Here are some ideas.
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US stocks plummet on economic and spending worry (The Economic Times)
Dow slid 383.26 pts, or 4.34%, to 8,445.78 while S&P's 500 Index shed 45.94 pts, or 5.13%, to 850.30. Investors forced to think short-term | Time to weak your portfolio
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Apple tells users to get anti-virus (TechWorld)
Smugness no defence guys. I'm a Mac. You're a PC. But we both need anti-virus software.
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