» Thornburg survival in doubt, sees completing tender (Reuters)
26/08/08 17:28 from Yahoo! News: Business
Reuters - Thornburg Mortgage Inc , a specialist in jumbo home loans, said its survival remained in doubt following additional margin calls, but it is on track to complete a restructuring and avoid collapse.

» Next Fed Move Probably Higher
26/08/08 19:01 from NYT > Business
Most officials at the August meeting did not believe the Fed’s key interest rate was too low, and the next direction is probably up, documents show.

» Xcel to Disclose Global Warming Risks
27/08/08 17:14 from NYT > Business
The New York attorney general said that Xcel Energy had agreed to disclose risks to investors from its stake in coal-burning power plants and any related liability.

» As Food Prices Soar, Brazil and Argentina React in Opposite Ways
27/08/08 19:42 from NYT > Business
In Brazil, the government is encouraging farmers to produce more for export while prices are high. But Argentina is focused on encouraging farmers to sell more at home.

» Fed's Lockhart urges patience amid strained markets (Reuters)
27/08/08 14:58 from Yahoo! News: Business
Reuters - The Federal Reserve must be "very vigilant" amid strained financial markets while exercising patience over interest rates as it waits for inflation to ease, a top Fed policy-maker said on Wednesday.

» As Inflation Worries Ease, Confidence Returns
27/08/08 04:03 from NYT > Business
The Conference Board said its index measuring the mood of consumers jumped to 56.9 in August from July’s 51.9, reaching the highest level since May.