AP

AP Video - Business

Money Minute: GM, GE, Oil

AP - Fri Oct 10, 4:22 PM ET

General Motors is likely to announce further production cuts and possible plant closures as early as next week. The AP's James Limbach reports. (Oct. 10)

  • US stocks extend huge losses AP - Fri Oct 10, 2:59 PM ET

    Wall Street extended its devastating losses Friday, but prices swung sharply as investors scooped up shares decimated by more than a week of intense and panicked selling. (Oct. 10)

  • Asian markets tumble during Friday trading AP - Fri Oct 10, 7:35 AM ET

    There were more big losses in Asian stock trading on Friday. The Nikkei fell more than nine percent, while stocks in Singapore, Hong Kong and the Philippines lost close to eight percent of its value. (Oct. 10)

  • Dow drops below 9000 in massive sell-off AP - Thu Oct 9, 6:39 PM ET

    Stocks plunged in the final hour of trading Thursday, sending the Dow Jones industrial average down 679 points — more than 7 percent — to its lowest level in five years. (Oct. 9)

  • National Debt Clock is running out room AP - Thu Oct 9, 1:41 PM ET

    The people who run the National Debt Clock on display in New York say they are running out of room and may soon have to revamp the fixture. (Oct. 9)

  • Your Money: Managing kids needs AP - Thu Oct 9, 1:19 PM ET

    Trevor Delaney, the AP's Personal Finance editor offers some helpful tips to get a handle on children's activities, such as music and sporting programs. (Oct. 9)

  • Asian markets rebound after rate cuts AP - Thu Oct 9, 8:17 AM ET

    There were another round of interest rate cuts in Asia, which left stocks mixed. Japan's benchmark fell slightly, but stocks in Hong Kong finished up by more than two percent. (Oct. 9)

  • Stocks end lower amid swings AP - Wed Oct 8, 10:05 PM ET

    The stock market careened wildly during Wednesday's session, ending in negative territory. The moves came after the Federal Reserve was joined by other central banks around the world in cutting benchmark interest rates. (Oct. 8)

  • Financial crisis: What lies ahead in 2009? AP - Wed Oct 8, 9:13 PM ET

    The Federal Reserve, trying to jump-start lending, dropped its federal funds rate to 1.5 percent. Even so, most experts don't see economic recovery until there's stability in the housing market, banks are lending freely and employment improves. (Oct. 8)

  • Obama urges calm over the economy AP - Wed Oct 8, 1:58 PM ET

    Campaigning in Indianapolis on Wednesday, Barack Obama urged Americans not to panic over the faltering economy, saying that better days lie ahead. (Oct. 8)

  • Your Money: Changing banks AP - Wed Oct 8, 9:41 AM ET

    In these days of bank takeovers, you may be concerned if your money is safe. Trevor Delaney, the AP's Personal Finance editor offers guidance on managing your bankingt. (Oct. 8)

  • Financial crisis deepens as Asian markets falter AP - Wed Oct 8, 8:14 AM ET

    The British government has announced a plan to partially nationalize eight of its largest banks. The pricetag is 87 billion dollars. This move comes as Asian markets faltered in early trading on Wednesday. Stocks in Japan fell more than 9%. (Oct. 8)

  • Financial Lingo: Commercial paper explained AP - Tue Oct 7, 4:03 PM ET

    With the financial markets in turmoil, a lot of new terminology has hit the airwaves, some of which many Americans have never heard before. Trevor Delaney, AP's Personal Finance Editor explains why commercial paper is so important to the economy. (Oct. 7)

  • Bush: Americans will get through economic crisis AP - Tue Oct 7, 3:04 PM ET

    President Bush sought to assure Americans on Tuesday that the economy will eventually recover from the global financial crisis but he cautioned that it's going to take time and won't be easy. (Oct. 7)

  • Bernanke: More economic pain ahead AP - Tue Oct 7, 2:17 PM ET

    Federal Reserve Chairman Ben Bernanke warned Tuesday that the financial crisis has not only darkened the country's current economic performance but also could prolong the pain. (Oct. 7)

  • Your Money: The election and future taxes AP - Tue Oct 7, 1:52 PM ET

    Senators McCain and Obama are making assertions about changing tax policy. Trevor Delaney, the AP's Personal Finance editor highlights online tools that can help you gauge the potential impact of their plans. (Oct. 7)

  • Wall Street shows modest rebound after rout AP - Tue Oct 7, 11:31 AM ET

    Wall Street rose moderately early Tuesday, with investors getting some encouragement that the Federal Reserve's plan to buy massive amounts of corporate debt will help unclog the credit markets. The markets showed some signs of easing. (Oct. 7)

  • Dow closes below 10,000, a four-year low AP - Mon Oct 6, 6:35 PM ET

    Wall Street suffered through another extraordinary and traumatic session Monday, with the Dow Jones industrials plunging as much as 800 points — their largest one-day point drop — before recovering to close with a loss of 370. (Oct. 6)

  • Lehman Brothers CEO testifies on Capitol Hill AP - Mon Oct 6, 2:28 PM ET

    Days from becoming the largest bankruptcy in U.S. history, Lehman Brothers steered millions to departing executives even while pleading for a federal rescue, Congress was told Monday. (Oct. 6)

  • Economy sheds most jobs since 2003 AP - Sat Oct 4, 2:34 PM ET

    Jobs are vanishing at the fastest pace in more than five years with pink slips likely to keep stacking higher in the months ahead. (Oct. 3)

  • House passes bailout bill AP - Fri Oct 3, 1:54 PM ET

    Congress passed complex and highly criticized legislation Friday, authorizing $700 billion in government money to shore up the nation's stressed financial industry. (Oct. 3)

  • Your Money: 401k plans in trying times AP - Fri Oct 3, 1:03 PM ET

    The shakeup in the financial services sector and the accompanying ripple effect in the wider economy may have you worried about your retirement account. Trevor Delaney, the AP's Personal Finance editor offers guidance on your 401k plan. (Oct. 3)

  • House Republicans optimistic as vote looms AP - Fri Oct 3, 11:29 AM ET

    House Minority Leader John Boehner and Minority Whip Roy Blunt are optimistic that the changes to the bailout proposal will result in passage of a $700 billion rescue package. (Oct. 3)

  • Stocks decline on unemployment, factory reports AP - Thu Oct 2, 2:42 PM ET

    Stocks tumbled and credit markets remained tight Thursday after plunging factor orders and a seven-year high in jobless claims stoked fears that the government's financial rescue plan might not be enough to ward off a recession. (Oct. 2)

  • Your Money: Watching your 529 plan AP - Thu Oct 2, 2:35 PM ET

    With the economic turmoil sending shockwaves through the financial systems, how college savings programs are faring may be a great concern for some investors. Trevor Delaney, the AP's Personal Finance editor offers guidance. (Oct. 2)

  • Bush: 'People are watching' House vote AP - Thu Oct 2, 12:39 PM ET

    President Bush says 'a lot of people are watching' the House as it considers financial rescue legislation and says lawmakers must listen to voices urging passage. (Oct. 2)

  • Video Essay: Time-lapse images from the NYSE AP - Thu Oct 2, 12:19 AM ET

    The NYSE has seen some historic activity over the past few weeks. AP photographer Richard Drew has captured the hustle and bustle of life on the stock exchange floor. (Oct. 1)

  • Bailout gets failing grade at NYU AP - Wed Oct 1, 7:08 PM ET

    There was little support on New York University's campus among business students and professors for the proposed government bailout. (Oct. 1)

  • Obama: It's time for action on bailout bill AP - Wed Oct 1, 12:50 PM ET

    Democratic presidential candidate Barack Obama said Wednesday that it's time for Congress to act on a financial rescue bill for Wall Street. (Oct. 1)

  • Bush implores Congress to act to rescue markets AP - Tue Sep 30, 9:37 AM ET

    President Bush said Tuesday that the economic damage to the nation will be 'painful and lasting' if Congress fails to pass a $700 billion bailout bill. (Sept. 30)

  • Australia, New Zealand react to bailout failure AP - Tue Sep 30, 5:17 AM ET

    Share prices in Australia and New Zealand plunged Tuesday after U.S. lawmakers voted against a huge government bailout for the American financial system. (Sept. 30)

  • Expert: Bailout bill not the answer AP - Mon Sep 29, 10:01 PM ET

    A Duke University finance professor says the $700 billion emergency rescue for the nation's financial system was flawed. Campbell Harvey instead offers a new approach to dealing with the crisis. (Sept. 29)

  • Republicans blame Pelosi for bailout failure AP - Mon Sep 29, 7:03 PM ET

    House Minority Leader John Boehner and Minority Whip Roy Blunt said Monday that a partisan speech delivered on the floor by House Speaker Nancy Pelosi was to blame for the failure to pass a bailout package. (Sept. 29)

  • House rejects $700 billion bailout bill AP - Mon Sep 29, 6:45 PM ET

    The House on Monday defeated a $700 billion emergency rescue package, ignoring urgent pleas from President Bush and bipartisan congressional leaders to quickly bail out the staggering financial industry. (Sept. 29)

  • Stocks tumble as bailout plan fails in House AP - Mon Sep 29, 6:36 PM ET

    Fear swept across the financial markets Monday, sending the Dow Jones industrials down as much as 705 points, after the government's financial bailout package failed the House. (Sept. 29)

  • Wall Street begins week on down note AP - Mon Sep 29, 12:56 PM ET

    Financial markets endured another difficult start Monday ahead of a planned House vote on an unpopular $700 billion plan to rescue troubled financial companies and as investors examined a deal for Wachovia. (Sept 29)

  • Lawmakers, White House agree on $700B bailout AP - Mon Sep 29, 3:18 AM ET

    Congressional leaders and the Bush administration have reached a tentative deal on a bailout of imperiled financial markets that could cost taxpayers hundreds of billions of dollars. (Sept. 28)

  • Reaction: The collapse of Washington Mutual AP - Fri Sep 26, 7:05 PM ET

    Washington Mutual is known for its no-thrills, no-fees banking with a neighborly feel. But the collapsed bank's new owner, JP Morgan Chase, doesn't give off those vibes. Many are upset. (Sept. 26)

  • Bush says action needed now on bailout AP - Fri Sep 26, 2:39 PM ET

    President Bush made a fresh appeal Friday for Congress to move quickly on his proposal for a $700 billion program to stabilize cascading financial markets. (Sept. 26)

  • Reid: Presidential politics harming bailout plan AP - Fri Sep 26, 2:39 PM ET

    Senate Majority Leader Harry Reid said Friday that the time has come for presidential politics to leave the negotiating table as lawmakers work to reach an agreement on a financial bailout plan. (Sept. 26)

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