Highlights
A collection of news and information related to Consumer Confidence published by Tribune Company sources.
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Bush: Bush says financial bailout plan is 'going to take awhile' to work
Associated Press WriterSAN ANTONIO, Texas (AP) _ As global markets plunged, President Bush on Monday said "it's going to take a while" for the government's $700 billion financial rescue plan to bolster the troubled U.S. economy. With the political work of getting a bailout...Tags: Government, Small Businesses, Heads of State, National Government, Economic Policy
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European carmakers seek EU help
European automakers have appealed to the European Union for a $55 billion package of low-cost loans. The request comes amid an economic downturn and pressure from new rules aimed at curbing greenhouse gas emissions. The European Automobile...Tags: Fuel-efficient Vehicles, Global Warming, European Union, Vehicles, Automotive Equipment
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European and Asian markets plunge as bailouts in US, Europe fail to ease financial fears
AP Business WriterLONDON (AP) _ Asian and European stock markets plunged Monday as government bank bailouts in the U.S. and Europe failed to alleviate fears that the global financial crisis would depress world economic growth. Investors took scant comfort from Washington'...Tags: Government, New York Mercantile Exchange, Parliament, Petroleum Industry, Commodity Markets
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Germany's deposit protection plan unravels vow to work together on approach to crisis
AP Business WriterLONDON (AP) _ European governments struggled to find a coordinated response to the crisis sweeping financial markets Monday, as countries one after the other announced sweeping deposit guarantees on their own to try and shore up their banks. Stock markets...Tags: Government, Gordon Brown, European Union, National Government, Federal Reserve
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Taxpayers liable to be the victims
The word "confidence" has often been used about the bailout issue. Many say we need to restore "confidence" among bankers so they resume lending and confidence among consumers so they continue borrowing. But the word is also the basis for the term... -
Germany Seeks To Calm Depositors, Rescues Lender
As the $700 billion U.S. financial-system bailout gets under way, Europe is struggling to contain its own banking turmoil. After European leaders on Saturday failed to agree on a comprehensive plan to deal with rising bad loans and crumbling banks,...Tags: BNP Paribas, Angela Merkel
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Wall Street's misery creates Pain Street
and Spencer Soper Of The Morning CallImagine if Neville Gardner couldn't get the six-figure line of credit he uses each year to buy merchandise at his Main Street shop in Bethlehem, or if cash-strapped customers stopped renting rooms at the Hotel Bethlehem during the Christmas holiday, or if...Tags: Sales, Small Businesses, Public Relations, Bethlehem (Bethlehem, Pennsylvania), George Bush
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Nice bailout. Now what else you got?
MARKET BEATWith Uncle Sam now about to make good on a $700-billion bailout for the financial system, Wall Street on Friday looked like an ungrateful child. The stock market began to slide soon after the House approved the bailout bill, and most major market indexes...Tags: American International Group, Bears Stearns Cos., Federal Reserve, Countrywide Financial Corp., Financial Markets
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Market turmoil takes costly toll on video game sector
Los Angeles Times Staff WriterThe swoon in video game shares this week, as with the rest of the stock market, can make any investor queasy. The video game sector dropped much more sharply than the Nasdaq. Activision Blizzard Inc. saw more than $4 billion in market value vanish this...Tags: Sales, Electronic Arts Inc., Mutual Funds, San Diego (San Diego, California), Personal Finance
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Government programs that keep us off our backs
saulfriedman@comcast.comSocial Security had its 73rd birthday in August, but there was another commemoration this summer that has special importance this year. That was the 75th anniversary, on June 16, of the Federal Deposit Insurance Corp. Within days after a news...Tags: American International Group, Government, IndyMac Bancorp Incorporated, Social Security, National Government
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Experts: Bailout won't stop economic, housing downturns
THE $700-BILLION financial industry bailout that became law Friday could make a recession shallower, and potentially even shorter, but it won't stop the economic and housing downturns in their tracks, according to economists and other experts. And...Tags: Financial and Business Services, Government, Securities, George Bush, University of Maryland
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Will the economic bailout deal help with your bills or 401(k)?
The Denver PostAssuming the federal government's economic-rescue plan works as expected, the impacts of the Wall Street rescue are expected to be felt on Main Street as well. Here's how economists say the bailout plan will affect areas of most concern to consumers:...Tags: Market and Exchange, 401K, Credit and Debt, Vehicles, Petroleum Industry
Oct 6, 2008
|Story| Associated Press
Oct 6, 2008
|Story| Associated Press
Oct 6, 2008
|Story| Associated Press
Oct 6, 2008
|Story| Associated Press
Oct 6, 2008
|Story| Baltimore Sun
Oct 6, 2008
|Story| Los Angeles Times
Oct 5, 2008
|Story| Allentown Morning Call
Oct 4, 2008
|Column| Los Angeles Times
Oct 4, 2008
|Story| Los Angeles Times
Oct 4, 2008
|Column| Newsday
Oct 4, 2008
|Story| Newsday
Oct 5, 2008
|Story| Orlando Sentinel
