World Business News

Ireland’s parliament has passed all stages of a bill to guarantee the loans of all Irish Banks as the international credit crunch bites. Ireland’s lower and upper houses (Dail & Seánad) sat through the night for the first time in...

As US markets are crashing and burning (except for today) rumors are starting to circulate in the financial markets about another crash--Dubai. There has been a dramatic surge in borrowing by Dubai to build massive super structures like the world's...

An Illinois Sheriff has decided enough is enough! He's suspending mortgage foreclosures until, he claims, mortgage companies start to do their homework and work with people, instead of paper. Considering the current financial crisis, will this be a new trend?...

[poll: Will the bailout help? ] Despite all the warnings from Congress, the President, mainstream media and of course the banking industry, that the bailout package was a "necessary evil" to cure the ills of the Wall Street financial mess,...

The Icelandic Government seized control of the country’s biggest banks last night in an attempt to fend off wholesale economic collapse. Turmoil at the banks, whose shares were suspended by the Government yesterday afternoon, had sparked panic in the tiny...

As U.S. and European auto markets will see further declines, J.D. Power predicts growth will slow in developing nations. NEW YORK (CNNMoney.com) -- As the economic downturn continues to hit consumers' wallets, market analysis firm J.D. Power is predicting even...

Shopping Spree for Sarah Palin: Free Clothes, hair styling and accessories http://newyorknewyorkbiz.blogspot.com http://newyorkpromdresses.blogspot.com What was wrong with Sarah Palin's old clothes? What was wrong with her Alaska fashion sense? Do not ask me. Ask John McCain, his wife and...

MUMBAI (Reuters) - Indian financial markets tumbled on Monday as investors ran for cover in the face of the global financial crisis, knocking shares to their weakest level in three years and the rupee to a record low. Money market...

The United States plans to inject $250 billion in U.S. banks in a new bid to calm rattled markets with about half going to the country's top nine institutions, people familiar with the plan said on Monday. The Treasury will...