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The Dow Jones Industrial Average capped the worst week in its 112-year history with its most volatile day ever, as hopes for a major international bank-rescue plan were overwhelmed at day's end by another wave of selling. Some investors who normally ...

Wild Day Caps Worst Week Ever for Stocks - Wall Street Journal

Republican presidential candidate John McCain is proposing the government divert some money set aside for buying mortgage securities and instead purchase home loans. The plan would help homeowners in danger of foreclosure refinance into more ...

McCain’s plan to buy mortgages mentioned earlier by others - Delaware Online

NASHVILLE, Tenn. — Republican presidential candidate John McCain pledged Tuesday night in campaign debate to require the federal government to renegotiate the mortgages of individual homeowners and make them more affordable, a sweeping proposal to ...

McCain pledges to renegotiate mortgages - Globe and Mail

UK house prices fell by 1.3 per cent in September, bringing prices down by a record 12.4 per cent year-on-year, according to Halifax, the UK’s biggest mortgage lender. But last month's fall, which reduced the price of the average house to £172,108 ...

House price fall is smallest in seven months - Times Online

The Dow Jones industrial average fell today below 9000 points for the first time since August 2003, following the emergency rate cut by the world's central banks and the announcement of the UK's £500 billion bank bailout. There were fears in the US ...

US stocks fall below 9,000 mark - Times Online

Hungary's bond market froze on Thursday for the second time this year, in a sign that the global financial crisis is hitting hard those emerging markets that have unbalanced economies. Trading in Hungary's government bond market broke down as buyers ...

Hungarian Bond Market Breaks Down - Wall Street Journal

How easy life used to be. Need to raise money? Take out a loan. Fancy a second home in the country and need a mortgage? No problem. Not any more. The global financial crisis has brought an abrupt end to the days of cheap credit. Banks and insurers ...

How to turn yourself into a model borrower - Times Online

SINGAPORE - Asian stock markets plunged Monday as government bank bailouts in the U.S. and Europe failed to alleviate fears of a global financial crisis that would depress world economic growth. Investors took scant comfort from Washington's passage ...

Asian markets plunge on fears crisis is spreading - Ledger Independent

Bank of America Corp. on Monday reported third-quarter results earlier than planned, revealing a wider-than-expected profit drop and plans to boost capital by selling $10 billion stock and halving its dividend. Like most other major financial ...

Bank of America reports profit drop, capital raise - Marketplace.publicradio.org

SINGAPORE - Oil prices plummeted to a one-year low below $83 a barrel Friday in Asia as investor fears of a severe global economic downturn sparked a panicked sell-off of equities and crude. Light, sweet crude for November delivery was down $4.00 to ...