December 22, 2008

Virginia Congressman Eric Cantor decries President’s auto bailout

Rep. Eric I. Cantor, R-7th, says he opposes President Bush’s $13.4 billion bridge loan to the auto industry because he wanted the automakers to make concessions up front.


November 07, 2008

Economic crisis: Child care

Parents pull kids from day care as money tightens


October 31, 2008

Fed chief Bernanke explores options for housing finance

Federal Reserve Chairman Ben Bernanke says the housing finance system being constructed following the collapse of the current system will need better safeguards to allow it to function during times of stress.


October 24, 2008

Financial advisor talks about what to do with your money during economic crisis

Nicholas Flaherty is a financial advisor for Edward Jones in Blacksburg. During the current economic crisis, he talks about how he’s helping clients and how they’re responding.


October 10, 2008

Economic crisis forces realtors out

In July of 2007 the Virginia Real Estate Board licensed more that 45,000 active realtors.  In July of this year that number fell nearly 3,500 and October 1st they recorded again another decrease to 40,942.


October 07, 2008

Fed joins global scramble to contain credit crisis

NEW YORK (Reuters) - Countries scrambled to slow the growing global financial crisis on Tuesday and Wall Street braced for the day after a massive sell-off, nervous about corporate earnings and hoping Fed Chairman Ben Bernanke might offer a ray of hope.

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