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U.S. banks borrow more from Fed; Wall Street takes pass By Jeannine Aversa, The Associated Press WASHINGTON - U.S. banks borrowed more over the past week from the Federal Reserve's emergency lending program, while Wall Street firms passed for the fourth straight week. A Fed report released Thursday said
U.S. banks borrow more from Fed; Wall Street takes pass WASHINGTON - U.S. banks borrowed more over the past week from the Federal Reserve's emergency lending program, while Wall Street firms passed for the fourth straight week. A Fed report released Thursday said commercial banks averaged US$18.47 billion in
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FTSE closes at 5601.2 © ITN 2008 The FTSE 100 Index has reached its highest point for nearly two months, up 73.1 points to 5601.2. The rise came after the surprise news on the US economy's second-quarter performance prompted a strong start on Wall Street. US-facing
Nikkei up 1.3 pct on strong U.S. GDP data led by exporters such as Canon Inc (7751.T: Quote, Profile, Research) as surprisingly strong U.S. GDP data helped soothe concerns about the health of the world's biggest economy. [ID:nN28278433] Bank shares, such as No. 1 lender Mitsubishi UFJ Financial
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