General / Tags / Crunch

GENERAL Mon May 26, 2008 @ 9:01am neoform

news.yahoo.com -- By SHINO YUASA, Associated Press Writer Mon May 26, 4:50 AM ET TOKYO - A U.S. Treasury official said Monday the global credit crunch is gradually calming following efforts by the Federal Reserve and other central banks. Clay Lowery, assistant secretary.. Read More

GENERAL Mon May 12, 2008 @ 3:01pm neoform

news.yahoo.com -- By Joseph A. Giannone 23 minutes ago NEW YORK (Reuters) - JPMorgan Chase & Co (JPM.N) Chairman and Chief Executive Jamie Dimon on Monday told bank investors that while the current credit market crunch may soon be over, the U.S. economy could still face.. Read More

GENERAL Wed May 7, 2008 @ 9:01am neoform

news.yahoo.com -- Tue May 6, 8:52 PM ET NEW YORK (Reuters) - U.S. Treasury Secretary Henry Paulson said U.S. financial markets are emerging from the credit crunch that many economists believe has pushed the country to the brink of recession, according to The Wall Street.. Read More

GENERAL Mon Apr 21, 2008 @ 12:01pm neoform

news.yahoo.com -- by Guy Jackson 30 minutes ago LONDON (AFP) - The Bank of England unveiled a 100-billion-dollar plan Monday to get Britain's home loan market moving again in the latest attempt to combat the global credit crunch. The BoE said it would allow high street.. Read More

GENERAL Mon Apr 21, 2008 @ 9:02am neoform

news.yahoo.com -- By Matt Falloon and Christina Fincher 1 hour, 17 minutes ago LONDON (Reuters) - The Bank of England moved to ease the effects of a credit crunch on the UK's banking system on Monday by offering to swap secure government bonds for riskier mortgage debt... Read More

GENERAL Thu Mar 13, 2008 @ 9:01am neoform

news.yahoo.com -- By Reed Stevenson 1 hour, 47 minutes ago AMSTERDAM (Reuters) - An affiliate of U.S.-based buyout firm Carlyle Group has defaulted on about $16.6 billion of debt and expects its lenders to seize remaining assets as the global credit crunch tightens aroun.. Read More

GENERAL Sat Mar 1, 2008 @ 9:02am neoform

news.yahoo.com -- Investor's Business Daily Fri Feb 29, 6:49 PM ET Credit crunch gathering steam The mortgage crisis and overall credit crunch will likely cut GDP growth by 1.3 percentage points in the next year, according to a study by several top economists at a Univ... Read More

GENERAL Thu Dec 13, 2007 @ 6:10pm neoform

news.yahoo.com -- by Veronique Dupont Thu Dec 13, 2:18 PM ET PARIS (AFP) - The world's major central banks face the delicate balancing act of trying to ease the global credit crunch sparked by the US subprime home loan crisis while trying to rein in rising inflation. In.. Read More

GENERAL Thu Nov 15, 2007 @ 12:01pm neoform

news.yahoo.com -- Thu Nov 15, 5:17 AM ET LONDON (AFP) - Barclays bank on Thursday became the latest high profile financial institution to announce hefty losses linked to the US subprime mortgage crisis and consequent global credit crunch. Barclays said its investment ar.. Read More

GENERAL Wed Nov 7, 2007 @ 9:01am neoform

news.yahoo.com -- By Peg Mackey 1 hour, 6 minutes ago LONDON (Reuters) - Oil sped above $98 a barrel for the first time on Wednesday, closing in on the landmark $100 level, driven by a slumping dollar and worries over a winter fuel supply crunch. Analysts said it was on.. Read More

GENERAL Sun Oct 21, 2007 @ 9:00am neoform

news.yahoo.com -- 2 hours, 28 minutes ago LONDON (Reuters) - Barclays (BARC.L) and Royal Bank of Scotland (RBS.L) have lined up emergency funds of up to $30 billion from the U.S. Federal Reserve to bail out American clients caught up in the global credit crunch, a paper.. Read More

GENERAL Fri Oct 19, 2007 @ 9:01am neoform

news.yahoo.com -- Fri Oct 19, 5:58 AM ET LONDON (AFP) - Britain's economy expanded by an impressive 0.8 percent in the third quarter of 2007, shrugging off the impact of the global credit crunch, according to official data published Friday. That marked the fourth succes.. Read More

GENERAL Wed Oct 10, 2007 @ 6:00pm neoform

news.yahoo.com -- By Ellen Freilich 1 hour, 34 minutes ago NEW YORK (Reuters) - The credit crunch that has troubled financial markets in recent months will restrain the U.S. and global economies, but odds of a recession are less than 50 percent, monetary experts said on.. Read More

GENERAL Wed Oct 10, 2007 @ 12:01pm neoform

news.yahoo.com -- By Pedro Nicolaci da Costa 21 minutes ago NEW YORK (Reuters) - The credit crunch that has troubled financial markets in recent months will eventually take its toll on the U.S. economy, former Federal Reserve Chairman Alan Greenspan said on Wednesday. G.. Read More

GENERAL Thu Oct 4, 2007 @ 3:00pm neoform

news.yahoo.com -- 2 hours, 11 minutes ago NEW YORK (Reuters) - Bear Stearns Cos Inc (BSC.N) is seeing money return to the financial markets as fear created by this summer's credit crunch begins to ease, the firm's president said on Thursday. "You can just see the tensio.. Read More

GENERAL Fri Sep 28, 2007 @ 12:01pm neoform

news.yahoo.com -- By Brian Love, European Economics Correspondent 31 minutes ago PARIS (Reuters) - Forecasters are busy churning out new and gloomier economic predictions because of a global credit crunch whose outcome nobody can be sure of until financial conditions nor.. Read More

GENERAL Sat Sep 8, 2007 @ 9:00am neoform

news.yahoo.com -- By Jonathan Keehner and Michael Flaherty Fri Sep 7, 5:49 PM ET NEW YORK (Reuters) - A slew of private equity deals already under financing pressure from the credit crunch now face added concerns over a potential recession. The primary worry warts tryin.. Read More

GENERAL Wed Sep 5, 2007 @ 6:01pm neoform

news.yahoo.com -- By JEANNINE AVERSA, AP Economics Writer 23 minutes ago WASHINGTON - A painful credit crunch is taking its worst toll on the already ailing housing market, while its impact on the rest of the economy so far seems limited, the Federal Reserve reported Wed.. Read More