Between 1.5 trillion and 2 trillion tons of ice in Greenland, Antarctica and Alaska have melted at an accelerating rate since 2003, according to NASA scientists, in the latest signs of what they say is global warming.
The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral.
eneral Motors Corp. was downgraded to ``sell'' at Deutsche Bank AG, which set a share-price estimate of zero, and was cut to ``underweight'' at Barclays Capital.
The insurer lost a record $24.5 billion, or $9.05 a share, in the third quarter, compared with profit of $3.09 billion, or $1.19, a year earlier, AIG said in a statement.
In its first report since being seized by the U.S. government last month, Washington-based Fannie Mae said its third-quarter net loss was $29 billion, or $13 a share, from $1.4 billion, or $1.56, a year earlier.
The benchmark index for U.S. stock options jumped to the second-highest close in its 18-year history after a slump in retail sales heightened concern the nation may not avoid a prolonged recession.