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Breaking News | Real-time commentary on the market, with links to key sources.

Market Currents - Real Time Wall Street Breakfast - Top Stories
Saturday, November 22 2008
Earliest at Top
Page auto-refreshes as new events occur (times are ET)
  • 2:31 PM Job cuts at Philips (PHG), Palm (PALM), Dillard's (DDS). COMMENT!
  • 2:27 PM GM (GM) CEO Rick Wagoner does not consider filing for bankruptcy protection an option, but his board does. COMMENT!
  • 2:24 PM Three-month Treasury bill yields fell 1 basis point yesterday to 0.01% - the lowest since at least January 1940 - as investors look for a safe place to park their money. COMMENT!
  • 2:18 PM 2009 will be "a year of bad news" for the economy," German Chancellor Angela Merkel warns. "We have stabilized the financial markets thanks to a series of measures for the banks, but confidence still has to be found again and the interbanking market must become functional again." COMMENT!
  • 2:14 PM President-elect Obama pledges a "two-year nationwide effort to jumpstart job creation" that seeks to create 2.5M jobs by 2011, "and lay the foundation for a strong and growing economy." (video) COMMENT!