AFP - The euro fell below the 1.45 dollars level for the first time since February 12 as the market anticipated lower interest rates in the euro zone. Read more…

AP - The European Union will postpone talks scheduled with Russia this month on a wide-ranging political and economic agreement unless Russian troops pull back from positions in Georgia in line with a cease-fire agreement, French President Nicolas Sarkozy says. Read more…

AP - Stocks declined unevenly Friday after the government said personal incomes fell last month by the largest amount in nearly three years while consumer spending slowed. A disappointing profit report from computer maker Dell Inc. weighed on technology stocks. Read more…

Reuters - Personal income tumbled unexpectedly in July and inflation-adjusted spending shrank as government economic stimulus waned, but consumer spirits rose this month, a hint the economy may muddle through its woes. Read more…

AFP - London shares finished higher on Friday, with oil stocks making the biggest gains. Read more…

AP - Stocks headed toward a lower opening Friday after the government said personal incomes fell by the biggest amount in nearly three years and consumer spending slowed. Investors also charted the path of Tropical Storm Gustav. Read more…

Reuters - Stock index futures added to losses on Friday after a government report showed U.S. personal income tumbled unexpectedly in July and an inflation measure was at a 17-year high. Read more…

AFP - US consumer spending rose 0.2 percent in July from June, while personal income slid 0.7 percent, the Commerce Department said Friday. Read more…

Reuters - Personal income tumbled unexpectedly in July and spending slowed as the effects of government stimulus wore off and an inflation measure was at a 17-year high, a government report released on Friday showed. Read more…

BusinessWeek Online - The stock prices of mortgage giants Fannie Mae and Freddie Mac have cratered. The bottom of the worst housing slump since the Great Depression hasn't been reached. Fears of inflation are mounting. Read more…

AP - Euro area inflation fell in August from a record high, offering some relief as economic confidence plunged to the lowest level in five years, the European Commission said Friday. Read more…

AFP - Inflation in the 15 countries sharing the euro pulled back in August from a record high, offering an increasingly rare ray of light as the economy loses pace, official EU data showed on Friday. Read more…

AFP - British mortgage lender Bradford & Bingley said on Friday that it had endured a net loss of 17.2 million pounds (21.3 million euros, 31.4 million dollars) in the first half of 2008. Read more…

The Motley Fool - Make fun of the so-called "professional students" all you want. You know, the ones who, unlike the TAs, remember the original Dukes of Hazzard TV show. But would you be in a huge hurry to check out of the ivory tower and into debtors' prison? Read more…

AFP - Weak second-half earnings reported by major French banks on Thursday showed them now suffering from an economic slowdown in addition to further losses from the US subprime mortgage crisis. Read more…

Reuters - Stock index futures fell on Thursday as the price of oil rose for a fourth day, overshadowing optimism among financial companies about the largest U.S. mortgage finance company Fannie Mae . Read more…

Reuters - Indian shares extended losses to 2 percent on Thursday afternoon, ahead of weekly inflation data and a fall in European markets. Read more…

AP - Treasury bonds rebounded Wednesday to finish slightly higher amid uncertainty over whether troubled mortgage financiers Fannie Mae and Freddie Mac would need a government bailout. Read more…

AFP - Fannie Mae, one of the government-sponsored mortgage finance giants facing trouble from the housing meltdown, announced a shakeup of key management Wednesday while keeping its chief executive. Read more…

AP - Mortgage finance giant Fannie Mae shook up its executive ranks Wednesday, after shares in it and sibling company Freddie Mac rose for a third straight day as investors appeared less certain a government bailout of the two troubled companies is imminent. Read more…

AP - Fannie Mae says three top executives are leaving as the mortgage finance company aims to cope with mounting losses from the mortgage crisis. Read more…

Reuters - Battered mortgage-finance company Fannie Mae on Wednesday announced a sweeping management shake-up in an effort to come to grips with mounting credit losses and a shrinking capital base. Read more…

Reuters - U.S. stocks rose on Wednesday as surprisingly strong data on durable goods orders soothed some concern about the sluggish economy while Fannie Mae and Freddie Mac led a rally in financial shares. Read more…

Reuters - The U.S. Treasury on Wednesday shot down financial market rumors that an announcement regarding mortgage finance companies Fannie Mae and Freddie Mac was imminent. Read more…

Reuters - Stocks of Fannie Mae and Freddie Mac, the largest U.S. housing finance companies, rallied for a third straight day on Wednesday as investors grew more confident their shareholdings would not be wiped out by any government intervention. Read more…