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Rate cut hope lifts Wall Street (Reuters)

Date : 29 Jan 2008 Category : Business

Yahoo! News: Business

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Reuters - Stocks rose on Tuesday as expectations the Federal Reserve will slash interest rates for the second time in a week boosted banks, insurers and home builders.

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Morgan Stanley closes MUFG deal, Morgan shares soar (Reuters)

Global bank rescue aims to halt crisis (Reuters)

Stocks roar back on bank rescues, Morgan deal (Reuters)

GM shares rebound after Detroit merger reports (Reuters)

London shares leap more than 4.84% (AFP)

Beyond merger talks, GM eyes federal funds (Reuters)

Europe and others bolster banks to fight crisis (Reuters)

Wells Fargo wins Fed approval on Wachovia bid (Reuters)

Morgan Stanley's fate still hangs in the balance (Reuters)

AIG knew of potential problems in valuing swaps: report (Reuters)

Gulf stock markets continue slump (AFP)

Britain to launch 60.5 billion dollar banking rescue: paper (Reuters)

IMF warns of meltdown; France says Europe to act (Reuters)

Finance leaders endorse G7 plan to calm markets (Reuters)

Wealth funds, recipients adopt investing principles (Reuters)

Chrysler, GM have merger talks: sources (Reuters)

IMF warns of financial meltdown (Reuters)

AIG's gallows humor gives bankers a laugh (Reuters)

Italy to push for broader G7 membership (Reuters)

Paulson warns emerging markets not immune to turmoil (Reuters)