Reuters - Oil prices steadied on Thursday, after sharp losses on swelling stocks and fading demand in the United States and after a fresh diplomatic initiative from Washington over Iran.

Reuters - Stocks rallied more than 2 percent on Wednesday, powered by the best day for banks in 16 years as unexpectedly strong results from Wells Fargo & Co relieved worry about a credit crisis spiraling out of control.

AP - Consumer prices shot up in June at the second fastest pace in 26 years with two-thirds of the surge blamed on soaring energy prices.

Reuters - Stocks rose on Wednesday as upbeat quarterly results from Wells Fargo & Co eased concerns about the impact of the credit crisis on banks, while a fall of about $4 in oil prices reduced inflation fears and fueled optimism about consumer spending.

Reuters - Crude oil prices dropped sharply for a second day on Wednesday after a U.S. government report showed a surprise increase in inventories and continued weak demand in the world's top consumer nation.

AFP - The FTSE 100 index was lower on Tuesday, mirroring a general slump across Europe in the wake of more steep losses on Wall Street and in Asia, despite weekend moves by the US government to rescue two mortgage giants.

Reuters - General Motors Corp on Tuesday announced a plan to cut costs by $10 billion, suspend its common stock dividend and sell up to $4 billion in assets in a bid to shore up cash and survive a deep industry slump.

Reuters - U.S. securities regulators issued an emergency rule on Tuesday to limit certain types of short selling in major financial firms, including Fannie Mae and Freddie Mac .