Saturday, December 01, 2007

Reuters Business Week




Nov. 30 - November was the worst month for the Dow and the S&P 500 in 5 years, but things looked more promising at month's end as hope for lower interest rates spurred end-of-the month buying. The Federal Reserve provided a clear sign it could ease interest rates in December. Oil prices tumbled $10 as supply fears retreat
Citigroup to sell $7-1/2 billion stake to Abu Dhabi investment vehicle
Mixed signals from consumers as they spend less in retail outlets, but spend more online.

SPEAKER: Federal Reserve Chairman Ben Bernanke

Conway G. Gittens reports from New York REUTERS VIDEO