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U.S. consumer confidence stops free fall according to RBC cash index (PR Newswire via Yahoo! Finance) Tumbling oil prices and a rebounding stock market appear to have placated Americans' economic jitters, resulting in a mid-summer halt in the downward spiral in consumer confidence that has persisted throughout 2008, according to the most recent results of the RBC CASH Index.
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MBIA shares rise as S&P removes rating from watch (AP via Yahoo! Finance) Shares of MBIA Inc. rose sharply Friday after ratings agency Standard & Poor's took the bond insurer's critical financial strength rating off a negative credit watch.
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