Bernanke: Fed has been aggressive, stands ready to do more

Date: Thu, 14 Feb 2008 17:01:04 (GMT)
Bernanke: Fed has been aggressive, stands ready to do more

As the economy moves though dangerous territory on the edge of
recession, Federal Reserve Chairman Ben Bernanke says the central bank
is ready to cut interest rates further if fresh signs of a
weaker-than-expected economy emerge.

Analysts doubt Yahoo-News Corp. talks will stop Microsoft

Wall Street analysts doubt that reported talks of a deal between Yahoo
and News Corp. could stop the unsolicited buyout offer from Microsoft.

SEC mulling new rules for credit-raters, Cox says

The U.S. economy is on track to grow despite challenges from the housing
correction, high energy costs and turmoil in the capital markets,
Treasury Secretary Henry Paulson says.

Market Snapshot: U.S. stocks' three-day win streak in jeopardy

U.S. stocks fall, with investors nervous during testimony by Federal
Chairman Ben Bernanke, who says he's been aggressive about steering
economy away from a slowdown.

UBS faces difficult 2008 after $13.7 bln write-down and '07 loss

LSwiss banking giant UBS on Thursday said it still has significant
exposure to the troubled U.S. mortgage market, raising fears of further
write-downs, as it confirmed a $13.7 billion charge had sent its bottom
line plunging into the red.