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Dollar gains as Fed holds rates
January 28, 2009 at 4:34 pm

The dollar rose against major currencies Wednesday after the Federal Reserve announced it would hold rates steady near 0%.

Stocks advance on 'bad bank'
January 28, 2009 at 1:16 pm

Stocks rallied Wednesday afternoon as more talk of the government taking toxic assets off bank balance sheets boosted the financial sector and the broader market.

Not all dividends are at risk
January 28, 2009 at 1:14 pm

A significant number of companies are slashing dividends to preserve cash.

Oil up slightly as crude supply grows
January 28, 2009 at 12:19 pm

Oil prices were slightly higher in choppy trading Wednesday after a government report showed an increase in crude supplies that exceeded analysts' expectations.

Government debt prices hold in a tight range
January 28, 2009 at 12:02 pm

Treasury prices traded in a tight range Wednesday as investors weighed a record amount of debt that's coming to market with the possibility that the Federal Reserve may have plans to start buying up its own debt.

Wells Fargo: No need for more bailout $
January 28, 2009 at 11:37 am

Wells Fargo reported a $2.6 billion fourth-quarter loss Wednesday, hurt by its acquisition of Wachovia and rising credit costs. But excluding a host of charges, many of them related to the merger, earnings beat Wall Street estimates.

Stocks ready to rally
January 28, 2009 at 6:55 am

U.S. stocks were set to advance at Wednesday's open, lifted by stimulus hopes and earnings from Yahoo that weren't as dismal as had been predicted.

World markets rise ahead of Fed
January 28, 2009 at 5:13 am

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