Globalization hasn’t hobbled the Federal Reserve’s ability to influence economic activity at home by lowering or raising interest rates, Fed Chairman Ben Bernanke said Friday.
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Original post by The Press-Enterprise

The Toronto Stock Exchange’s main index sank nearly 120 points yesterday despite a glowing earnings report from Royal Bank of Canada as investors stayed cautious following this week’s global sell-off. The …
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Original post by The Toronto Star

Concerns about the strength of the U.S. economy still weighed heavy on investors following a plunge in stocks early in the week.The Dow posted its worst weekly performance in four years and the Nasdaq had its …
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Original post by cbs4.com on Topix.net

A Chinese investor looks at the stock price billboard at a private security company Friday in Shanghai, China’s commercial hub.
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Original post by Canadian Business Magazine

Oil prices settled lower Friday as traders watched the stock market decline even further, renewing concerns that economic growth may stall.
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Original post by The Associated Press on Topix.net

A woman accused of running an upscale prostitution service in the Washington area might sell her list of 10,000 clients to pay for her defense, her attorney said Friday.
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Original post by MSNBC

A woman accused of running an upscale prostitution service in the Washington area might sell her list of 10,000 clients to pay for her defense, her attorney said Friday.
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Original post by Alabama Live

Short sellers cheered Wall Street’s steep stumble, but the best news they had in recent days was that buyout mania could soon be ending.
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Original post by The Associated Press on Topix.net

Wall Street got a reality check this past week that U.S. investors remain vulnerable to global stock shocks.
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Original post by The Associated Press on Topix.net

Stocks stumbled in the final session of a tumultuous week Friday as the yen rallied against the dollar and concerns about the U.S. economy still dogged investors following Tuesday’s huge drop.
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Original post by The Associated Press on Topix.net