World stocks fell to near three-year lows following the U.S. Congress' rejection of a $700 bn bank rescue package.
Regional stock on course for biggest monthly decline in more than a decade
Asian markets continued to slide on Tuesday, following one of the worst days in Wall Street's history. Indexes in Asia fell anywhere from two to five percent. (Sept. 30)
The Australian Stock Market has dropped $55 billion dollars in value, but it is holding up better than expected. 7News is at the Stock Exchange with expert advice on riding out the crisis.
CNN's Richard Roth talls with veteran traders holding out hope for a bailout plan.
A Duke University professor says that lawmakers should have acted sooner to prevent Monday's meltdown on Wall Street.
Street vendors parked along Wall Street discuss how the nation's financial crisis is affecting their business on a day when Wall Street's worst fears came to pass: the government's financial rescue plan failed in Congress and stocks plunged. (Sept. 29)
Roger Bhatti says he hopes the government's bailout plan will help get the economy back on track. But Bhatti says the proposal should focus on small businesses like his instead of massive Wall Street firms. (Sept. 29)
Local bank managers say they are doing okay despite the travails on Wall Street. Paul Murphy talked to a couple of them Monday.
As stocks nosedived in their biggest selloff in 21 years, people on the street outside the New York Stock Exchange reacted with shock and worry.
Wall Street's worst fears came to pass Monday, when the government's financial rescue plan failed in Congress and stocks plunged precipitously. The almost 780-point decline was the largest one-day point drop ever for the index. (Sept. 29)
azfamily.com's Ben Lemoine reports many economists say that with a wild ride on Wall Street and the worst drop ever in the stock market, the credit crisis poses the most danger to the recovery.
The Dow Jones Industrial average saw its biggest one-day fall ever as investors feared a failed bailout plan will hurt the economy.
Democratic presidential nominee Barack Obama says today's financial woes stem from irresponsibility on Wall Street and in Washington, leading to the worst times since possibly the Great Depression. (Sept. 29)
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)