Archive for March 3rd, 2008

February auto sales tumble, Detroit hit hardest

Monday, March 3rd, 2008

DETROIT - United States auto sales tumbled in February in the face of a slumping economy and high gas prices with double-digit declines by all three struggling Detroit-based automakers.

United States retail gasoline price nears record: government

Monday, March 3rd, 2008

WASHINGTON - United States retail gasoline prices rose closer to record levels last week, up 3.2 cents from the previous week due to higher crude oil costs, the government has said on Monday.

United States retail gasoline price nears record: government

Monday, March 3rd, 2008

WASHINGTON - United States retail gasoline prices rose closer to record levels last week, up 3.2 cents from the previous week due to higher crude oil costs, the government has said on Monday.

Stocks flat as Alcoa, Exxon rise; Nasdaq falls

Monday, March 3rd, 2008

NEW YORK - The Dow and the S&P 500 ended little changed on Monday as soaring commodity prices

Fannie, Freddie agree to new appraisal standards

Monday, March 3rd, 2008

WASHINGTON - The two largegest sources of United States mortgage financing agreed on Monday to sponsor a new home appraisal watchdog to prevent inflated home values.

Fed’s Plosser: take back ease once markets calm

Monday, March 3rd, 2008

WASHINGTON - United States financial turmoil has warranted aggressive Federal Reserve rate cuts but inflation is also a concern and the policy easing should be withdrawn as markets calm, a senior Fed policymaker has said on Monday.

Citigroup reorganizes United States wealth management unit

Monday, March 3rd, 2008

NEW YORK - Citigroup Inc is reorganizing its United States wealth management unit to focus on helping clients based on their net worth, according to an internal memo dated Monday.

Citigroup reorganizes United States wealth management unit

Monday, March 3rd, 2008

NEW YORK - Citigroup Inc is reorganizing its United States wealth management unit to focus on helping clients based on their net worth, according to an internal memo dated Monday.