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Financial news from the AP

Investors face more uncertainty as bailout widens - AP - 55 minutes ago
Investors agonizing over whether the stock market is bottoming out or about to extend its precipitous decline face more uncertainty this week as they await action on the government's rapidly expanding effort to pull the financial system from the brink.

Final hour of trading keeps Wall Street on edge - AP - 1 hour, 16 minutes ago
The chaotic hour before Wall Street's closing bell has never been for the faint of heart. These days, it's been absolutely brutal.

Fed approves Wells Fargo's Wachovia buy - AP - 1 hour, 24 minutes ago
The Federal Reserve on Sunday approved Wells Fargo's $11.7 billion acquisition of Wachovia, removing the deal's last major regulatory hurdle.

Gov't eyes plan to take ownership stakes in banks - AP - 1 hour, 43 minutes ago
Treasury Secretary Henry Paulson told international leaders on Sunday that isolationism and protectionism could worsen the spreading financial crisis. With a new trading week dawning, U.S. lawmakers urged quick action by the Bush administration on measures to make direct purchases of bank stock to help unlock lending.

World Bank to protect poor from economic turmoil - AP - 1 hour, 49 minutes ago
The World Bank agreed Sunday to help developing countries strengthen their economies, bolster their financial systems and protect the poor against the financial turmoil in international markets.

Key points of euro nations' financial crisis plan - AP - 1 hour, 58 minutes ago
European leaders agreed to several measures -- German Chancellor Angela Merkel called them a "tool kit" -- that governments will be able to use to shore up financial institutions and stop banks' financing problems from contaminating the wider economy.

Euro nations to guarantee bank refinancing - AP - 2 hours, 3 minutes ago
Nations in Europe's single-currency zone agreed Sunday to temporarily guarantee bank refinancing and pledged to prevent banks failing as part of a raft of emergency measures designed to get credit flowing again.

Latin America urges US to act fast to stem crisis - AP - 2 hours, 51 minutes ago
Latin American finance ministers urged the U.S. to act quickly to combat the swirling financial crisis that could reverse broad economic gains made across the region in recent years.

Earlier Headlines
·Business events and economic reports scheduled - AP - Sun 4:18 pm ET
·Ithaca, NY, wants to be America's 1st podcar city - AP - Sun 3:34 pm ET
·Is the era of easy credit over for the long haul? - AP - Sun 3:22 pm ET
·Details about debt at some newspaper companies - AP - Sun 3:02 pm ET
·Liquidation unlikely as papers miss obligations - AP - Sun 2:53 pm ET
·Highlights of Paulson statement at World Bank - AP - Sun 1:20 pm ET
·Amid the meltdown, economics Nobel no easy pick - AP - Sun 11:22 am ET
·China looking inward as foreign economies slow - AP - Sun 11:20 am ET
·Wales rides a coal renaissance - AP - Sun 11:17 am ET
·Bailout managers may be buying own securities - AP - Sun 10:28 am ET
·Efforts on global warming chilled by economic woes - AP - Sun 10:22 am ET
·Emirates officials say nation's banks are strong - AP - Sun 7:01 am ET

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