Headline News Archive

2008

October

07

• Europe prepares consumer rights plan. The European Commission will release a proposal on Wednesday to guarantee consumer rights across the 27-nation bloc, a move that is expected to help spur

• Ford will let parents set speed limits for teens. Starting next year, Ford Motor will roll out a feature on many 2010 models that can limit teen drivers to 80 mph, using a computer chip in

• Fears of recession deepen as markets plunge. The collapse of stock markets worldwide Monday reflects deepening concerns that government intervention won't be enough to stave off a potentially severe global recession. "Recession

06

• Dollar has surprising strength in weak economy. Stock markets are swooning, credit markets remain frozen, and some foreign officials are predicting that the United States will lose its status as a financial

• Wells Fargo, Citigroup in tug of war over Wachovia. Wachovia and Citigroup lawyers spent the weekend in state and federal courts, sparring about Wachovia's decision Friday to break off its engagement with Citigroup after

05

• $10.1-trillion national debt? Let's cut taxes!. Even before the current financial crisis, a federal budget deficit of nearly $500 billion was projected for next year. Now an additional $700 billion has been committed

04

• Rescue sweetened with tax incentives. The House of Representatives yesterday approved $107 billion in tax breaks for businesses and consumers as part of a sweeping financial rescue package designed to stave

• New law seeks to limit executive compensation. In the first significant attempt by Congress to legislate executive pay, the $700 billion financial rescue plan signed into law yesterday includes efforts to rein in

03

• California may need emergency $7 billion loan. California may need an emergency loan of up to $7 billion from the federal government within weeks, the Los Angeles Times on Friday quoted Gov. Arnold

• Wells Fargo to acquire Wachovia. In an abrupt change of course, Wachovia Corp. said today it agreed to be acquired by Wells Fargo & Co. in a $15.1 billion all-stock deal, wiping

02

• No silver bullets here. To hear it from critics on the left and right, the Bush administration and legislative leaders were in such a rush to pass a "$700 billion

01

• La economía familiar y la crisis. Muchos norteamericanos están observando nerviosamente los grandes altibajos de la Bolsa de Nueva York tratando de detectar indicios del colapso de Wall Street, pero

September

29

• Bailout plan's effect not expected to be swift. The tentative agreement Sunday on a $700-billion financial system rescue package would provide a badly needed psychological boost on Wall Street but wouldn't be an

• Bailout bill to go to House. Saying the nation's economy is on the line, congressional leaders are pushing for a vote today on a $700-billion plan to end the financial system's

• What's next for WaMu customers?. These are nail-biting times for bank customers. On Thursday, the Federal Deposit Insurance Corp. seized the assets of Washington Mutual, the nation's largest savings

• Economy: Poll finds Americans gloomier, for now. As people on Wall Street and Main Street hold their breath to see if a federal bailout of the nation's financial institutions will work, Americans

27

• Two families find a little change can save a lot. Bruce and Jennifer Pivnick slashed their insurance costs without reducing their coverage. Mitzi and Jimmie Walker discovered that food cooked at home tastes as good

26

• WaMu sold to Chase. In the biggest bank failure in U.S. history, Washington Mutual Bank was seized late Thursday by federal regulators and immediately sold to JPMorgan Chase &

23

• Aetna to let outside doctors decide. Aetna Inc., the third-largest U.S. health insurer, will let outside doctors decide whether to cancel coverage for sick customers suspected of obtaining policies through

• Registry for wrecks back on track. On Monday a federal judge ruled in favor of consumer groups and gave the government a deadline to finally implement a law Congress passed in 1992.

• The Crisis and your pocketbook. The government's complicated financial intervention has left many everyday consumers and investors curious about the impact on their pocketbook. Today, The Post is starting a

22

• Seguros de salud privados. En un mercado muy competitivo, en el que los prospectos de los seguros de salud usan un lenguaje complicado y técnico (y los vendedores

20

• Wall St. credit turmoil felt on Main St.. Credit for consumers and companies alike was choking to a halt as the crisis on Wall Street intensified earlier this week. But when word of

18

• AIG Insurance: How am I affected?. The financial problems at American International Group Inc. may be causing you great concern if you hold an AIG life, health, home or auto insurance

• How safe is your money fund?. The strains on the Reserve Primary Money Market Fund have prompted investors to ask whether their own money-market funds could be at risk. Money-market funds