January 06, 2009 9:58 PM ET Russia's troubles are ours, too![]() As financial markets and governments worldwide hope for a brighter year, one big country's problems threaten to drag the global economy into a deeper hole. Video: The economy's real problem. Jubak's Journal Dabble in investing's daring side![]() Leveraged and inverse ETFs make it easy to bet on the market's direction -- and to double or triple down on those bets. The rewards can be big, but so can the losses. Tim Middleton
Financial news centerBank of America selling $2.8 billionHONG KONG (Reuters) - Top U.S. lender Bank of America , raising cash to weather a dismal market at home, is selling a $2.83 billion chunk of its holding in China Construction Bank at a 12 percent discount on Wednesday, according to a term sheet obtained by Reuters. 1/6/2009 9:32 PM
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[BRIEFING.COM] Stocks were up as much as 1.8% before the latest batch of economic data triggered a round of selling pressure. The major indices were able to finish the see-saw session with marked gains, but off their session highs.
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