Financial System Suffers Relapse
The financial system, which had recently shown glimmers of improvement, is unraveling again.

Labour's biggest financial test yet
BBC economics editor Hugh Pym looks at what is expected in the pre Budget report, seen as the government's most crucial financial test to date

Second Life bank crash foretold financial crisis
Alan Greenspan admitted last month that lending institutions could not always be trusted to regulate themselves. He could have taken a cue sooner by looking at the 2007 collapse of Ginko Financial, a virtual investment bank in the online game Second Life.

Financial Winners & Losers: Citigroup
Shares of national banks plunged Friday amid concerns that the government's financial rescue plan won't be sufficient to cover future losses.

Emerging Markets Report: Latvia turns to IMF, EU for financial support
Latvia is seeking financial support from the International Monetary Fund and the European Union, as the small Baltic nation struggles to maintain its fixed exchange rate, stabilize its banking system and revive its ailing economy.

Paulson defends handling of U.S. financial crisis
SIMI VALLEY, California (Reuters) - Treasury Secretary Henry Paulson on Thursday defended his handling of the financial crisis but refused to say whether any further help will be offered to struggling bank Citigroup.

Financial crisis drives up interest in economics
Stocks are down, down, down. But student interest in economics appears to be trending upward. The financial crisis has made "the dismal science" more relevant and immediate to many high school and college students, and they are suddenly paying closer...

Financial crisis to dominate APEC meeting
The Australian Prime Minister will use the APEC leaders meeting in Peru to argue for better regulation of the world's financial system and against a retreat to protectionism.

Financial Crisis Stirring Interest In Economics
Stocks are down, down, down. But student interest in economics appears to be trending upward. The financial crisis has made the subject more relevant and immediate to many high school and college students, and they are suddenly paying closer attention in class.

Financial Job Losses May Double to 350,000 by 2009 (Update1)
Nov. 21 (Bloomberg) -- The bloodletting in the financial- services industry will accelerate in coming months, with job cuts doubling to about 350,000 worldwide by mid-2009, said Brian Sullivan , chief executive officer of search firm CTPartners.

FDIC approves program to guarantee banks' debt, deposits as part of financial rescue
WASHINGTON (AP) - The FDIC will guarantee up to $1.4 trillion in U.S. banks' debt for more than three years as part of the government's financial rescue plan.

Financial crisis drives up interest in economics
(By SAMANTHA GROSS, Associated Press Writer) Stocks are down, down, down. But student interest in economics appears to be trending upward. The financial crisis has made "the dismal science" more relevant and immediate to many high school and college students, and they are suddenly paying closer attention in class. "Now we can actually see the examples while they happen, instead of relying on ...

National Readership Survey: Financial woe gives quality dailies a lift
The credit crunch and resulting economic downturn led to most daily quality national newspapers gaining readers over the past year, the latest National Readership Survey has found. Readership of the Financial Times, the Guardian and the Times all grew in the year to the end of September, according to NRS figures released today. This period coincided with the escalation of the financial ...

Chile, Mexico presidents oppose protectionism in response to international financial crisis
SANTIAGO, Chile - The presidents of Chile and Mexico say protectionism won't solve this global financial crisis. Mexican President Felipe Calderon calls it "the wrong way to face our problems."

Financial crisis drives up interest in economics
Stocks are down, down, down. But student interest in economics appears to be trending upward. The financial crisis has made "the dismal science" more relevant and immediate to many high school and college students, and they are suddenly paying closer attention in class. "Now we can actually see the examples while they happen, instead of relying on history. It's been the most engaging class ...

Rising interest: The financial crisis is a textbook lesson for economics students
NEW YORK - Stocks are down, down, down. But student interest in economics appears to be trending upward. The financial crisis has made "the dismal science" more relevant and immediate to many high school and college students, and they are suddenly paying closer attention in class.

Chief Financial Officer Sink Comments on Florida's Economy
Chief Financial Officer Alex Sink comments on Florida's economy and offers suggestions.

'Citibank could collapse due to £13.3billion losses', warn financial experts
Banking giant Citigroup could collapse under a wave of sub-prime losses totalling £13.3billion, financial experts warned today.

Study: Mo. public pension system faces ?financial challenges?
Missouri?s public pension system faces serious long-term financial challenges, a new study says.

Amcore Financial board suspends dividend
(AP:ROCKFORD, Ill.) Amcore Financial Inc., the holding company for Amcore Bank N.A., said Friday its board of directors suspended the quarterly dividend.