TFN NEWS BRIEFING: Banking and insurance highlights to 09:15 GMT

Date : 03/15/2008 @ 5:30AM
Source : TFN
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TFN NEWS BRIEFING: Banking and insurance highlights to 09:15 GMT

        2008-03-15 08:52:49
Consumer prices moderate in February
    WASHINGTON (AP) -                            0314dv--bernanke--economy
    Consumer inflation, after pushing relentlessly higher, posted its mildest
reading in six months in February thanks to energy and food costs moderating.
2008-03-15 08:49:49
Is Wall Street close to a bottom?
    NEW YORK (AP) -     Investors nursing whiplash symptoms after watching the
market's recent wild swings may find that Wall Street will deliver some relief
in the coming weeks.
2008-03-15 08:44:51
Gas, diesel rocket to record highs
    NEW YORK (AP) -     The rally in energy prices gained momentum Friday, with
retail gas prices rising further into record territory and diesel and heating
oil futures setting records of their own amid concerns about strong global
demand and tight supplies.
2008-03-15 08:10:07
Bush urges patience on economy
    NEW YORK (AP) -                            0314dv--bush--economy
    President Bush preached optimism and Republican orthodoxy of minimalist
government intervention Friday as the best approach to an increasingly troubled
economy.
2008-03-15 08:01:59
Stocks retreat on credit fears
    NEW YORK (AP) -                   businessminute
    Wall Street plunged anew Friday after a near meltdown at Bear Stearns Cos.
handed investors the unwelcome confirmation that the credit market's troubles
are far from over. Word that the investment bank needed rescuing touched off a
wave of selling that left each of the major indexes down more than 1.5 percent
on the day; the Dow Jones industrial average fell nearly 200 points.
2008-03-14 23:17:28
Feds propose home-loan disclosure reform
    WASHINGTON (AP) - Prospective home buyers would get easier-to-understand
information on mortgage terms and save an estimated average of $700 in closing
costs under a proposal unveiled Friday by President Bush.
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