Monday, December 22, 2008
Euro up against the dollar at $1.4057 on strong German consumer news
The
euro recovered some ground against the dollar Monday after a German
survey showed consumer confidence is stabilizing in the European
Union's largest economy.The 15-nation currency bought
$1.4057, up from the $1.3887 it had plummeted to late Friday in New
York. That followed a volatile week that saw the euro reach its... [read more]
Thursday, November 27, 2008
Obama reassures nervous nation on ailing economy, names former Fed chair to economic teamPresident-elect
Barack Obama sought to reassure the nation and nervous holiday shoppers
about the ailing economy Wednesday as beleaguered stores braced for
their most important month of the year."Help is on the way," he
proclaimed at his third news briefing on the economy this week.
Fifty-five days away from... [read more]
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