Japanese shares tumbled Thursday, sending the Nikkei 225 Average down by nearly 9% in the afternoon as investors sold off equities, fearing the impact of a U.S. recession and a slowing global economy.
Nikkei down nearly 9% as recession fears kick in: News from HONG KONG - Japanese shares tumbled, sending Nikkei 225 Average down by [...]

Another huge Dow loss. Huge Dow loss again Recession fears send indicator tumbling 733, 2nd biggest point loss ever
Bad News Again: Blue-chip indicator drubbed 733 points - 2nd biggest point loss ever - as recession fears resurface.
NEW YORK (CNNMoney.com) — Recession talk scared Wall Street Wednesday, sending the Dow Jones industrial average to its second [...]

Morgan Stanley may benefit from latest Treasury plans on buying equity in banks. U.S. mulls buying equity in banks as Morgan Stanley awaits MUFJ injection. News from SAN FRANCISCO — Morgan Stanley may benefit from the U.S. Treasury’s latest plan to buy equity stakes in financial institutions as the investment bank awaits a crucial $9 [...]

U.S. stocks seek financial relief from G7, Dow’s sees worst weekly drop on record. News from NEW YORK — U.S. stocks will enter next week with investors either comforted or disappointed by the meeting of the Group of Seven finance ministers and central bankers, who have gathered in Washington D.C. to address the global financial [...]

Financial Crisis on world stage: Bush and global financial leaders vow to fight the growing financial meltdown. News from NEW YORK — World leaders, warning of a global economic downturn, pledged Saturday to work together to find solutions to what is unfolding as the worst financial crisis since the Great Depression.
President Bush and finance officials [...]

Houston may lose economic cushion, Area becomes more vulnerable to downturn if oil prices continue to decline, economist says.
Oil prices that have slumped to barely half of last summer’s record highs could make Houston more vulnerable to the economic woes afflicting the rest of the country, a top local economist predicts.
Houston isn’t facing a repeat [...]

Wall Street Stock Markets: Give us a financial help to over credit crisis. If Wall Street wanted to keep the pressure on world leaders for another huge government-led bailout of the global financial system, maybe the rally in the final hour today wasn’t the right strategy.
Nonetheless, hope for a rescue that will finally turn the [...]

Great Depression on Wall Street? US Markets Make for worse, and cry for help. Economic policymakers of the G-7 industrialized nations meet in Washington this weekend. If they don’t have their own blueprint for action, Roubini just gave them one.
If ever there was a setup for a Black Friday on Wall Street, this is it.
We [...]