Monday, October 13, 2008
Dow surges 936 points, largest one-day point gain ever
But experts aren't sure the worst is behind us. More market volatility is expected in the coming days.
Bush critic Paul Krugman wins economics Nobel
PRINCETON, N.J. — Paul Krugman, whose relentless criticism of the Bush administration includes opposition to the $700 billion financial bailout, won the Nobel prize in economics Monday for his work on international trade patterns.
Photo right: Paul Krugman
Second of two parts
Credit counseling: Help or hindrance?
The new bankruptcy law requires credit counseling for financially troubled families. Is it effective, or just another hurdle to jump before debt freedom?
The troubled economy
Anxious investors hope expanding bailout plan will halt losses
Investors agonizing over whether the stock market is bottoming out face more uncertainty this week as they await action on the government's expanding effort to pull the financial system from the brink.
New twist on mortgage fraud: Did rent money 'prop it all up'?
The FBI is investigating mortgage fraud that allegedly left straw buyers of condominiums holding the bag. No one has been charged.
Real estate
Globe now in new digs at IDS
Globe University/Minnesota School of Business has moved into renovated space in the IDS Center's basement level, which has been largely vacant for years.
Global business
Global business
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Cut phone line strands Twin Cities businesses
Blog: Patent Pending
Bad markets= No IPOs
More bad financial news: there were no venture capital-backed IPOs in the second quarter, the worst quarterly performance since 1978, according to a recent report by PricewaterhouseCoopers. “There is little indication that the market will recover anytime before the second quarter in 2009,” said Tracy Lefteroff, global managing partner of the Venture Capital and Private Equity [...]
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