Friday, September 05, 2008

Obama, McCain begin battle anew as conventions close

Date: Fri, 05 Sep 2008 17:04:03 -0400
Obama, McCain begin battle anew as conventions close

With the ticker tape from the conventions cleaned up and with their
acceptance speeches still ringing in Americans' ears, Sens. John McCain
and Barack Obama now embark on a two-month march to Election Day as they
each try to convince voters to send them to the White House at the end
of this historic campaign.

Economic Report: U.S. jobless rate soars unexpectedly to 6.1% in August

The unemployment rate soars to 6.1% in August, the highest rate in
almost five years, as the economy took a turn for the worse. The rate
has steadily climbed this year from a cycle low of 4.4%.

Commodities Corner: OPEC needs a floor and ceiling for oil stability

Major oil producers will have to feel for a floor and ceiling to guide
their way in the dark as they work to find balance for an oil market
that's seen the price of a barrel of crude drop by nearly 30% in two
months.

Emerging Markets Report: Russian assets tumble amid worries about ruble

Russian assets once again come under heavy selling pressure, as investor
sentiment continues to sour on the back of growing global risk aversion
and intervention by the central bank to support the ruble.

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