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Spanish Bank Said to Be Close to Buying Sovereign Bancorp (New York Times)
Banco Santander of Spain is in advanced talks to acquire Sovereign for about $2.5 billion, people briefed on the matter said.
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WHY THINGS CHANGED | SECOND IN A SERIES: Middle class finds itself buried in debt (Detroit Free Press)
If Wall Street's problems are getting most of the headlines now, debt problems for most of this decade have been posing a large and growing challenge to maintaining a traditional middle-class standard of living for ordinary Americans.
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Small local businesses fight to survive tough times (Newark Advocate)
NEWARK -- The ongoing economic crisis makes life difficult for many small-business owners, especially those who regularly rely on a line of credit from a bank.
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Congressmen, locals speak out about bailout fallout (North Channel Sentinel)
The U.S. government and financial system have been breaking all the wrong records lately.
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Practical Answers For Crisis Questions (The Tampa Tribune)
After hearing the country's financial system characterized by words such as "crisis" and "disaster" over the past several weeks, I wasn't surprised to find that my inbox was clogged with questions. Many people are looking for ways to save money. Others want to know where to put the money they've already saved. And nearly everyone wants some reassurance that the decisions they're making - whether ...
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Tories, Grits make final push in Ontario, Quebec (CTV British Columbia)
With polls suggesting a majority government might be out of reach for the Conservatives and Liberals, the two party leaders made a final sprint through Quebec and Ontario hoping to pick up supporters in key swing ridings.
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Crisis still threatens Canadian economy: Flaherty (CTV British Columbia)
Canada's finance minister is warning Canadians that they are not immune from the global financial crisis as it threatens to dry up credit.
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Business And Careers (Tri-County Times)
(ARA) - This presidential election seems like it has lasted an eternity, and to many people in the United States, it is a critical one. This has both good and bad consequences.
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What an interest rate cut is supposed to do (The Charlotte Observer)
Will U.S. consumers benefit from the interest rate cuts announced Wednesday by the Federal Reserve and several other countries' central banks? For most people, probably not much, at least for a while. But people with strong credit could see lower credit card rates soon, and the move could eventually help point the economy in the right direction. Here are some questions and answers about the ...
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What will rate cut mean for you? (Daily Press)
Those with good credit will benefit soonest. Those with good credit will benefit soonest.
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