Gulf Arabs could drop dollar pegs in unison: A region-wide shift could catch investors unawares after months of market speculation that the United Arab Emirates or Qatar would break ranks with their neighbors and unshackle their currencies from the dollar as Kuwait did this year.
Oil leaps to $96 high on U.S. inventory drop: Oil leaped nearly 2 percent to top $96 for the first time on Thursday, extending the previous day's 5 percent surge after an unexpected sharp fall in U.S. crude stocks and data showing strong economic growth.
Oil Traders Increase Bets on $125 Crude as Options Trades Jump : Oil traders increased bets that December futures will reach $125 a barrel because of possible disruptions to Middle East supplies and rising demand.
Foreclosure filings soar in 3Q : A soaring number of U.S. homeowners struggled to make mortgage payments in the third quarter, with properties in some stage of foreclosure more than doubling from the same time last year, a mortgage data company said Thursday.
Dow dives more than 360 points: New woes at Citigroup, Credit Suisse
Chrysler cuts four models, up to 10,000 hourly jobs: The company also said it will cut between 8,500 and 10,000 hourly workers relating to the shifts that will be shut down across five North American assembly plants. The reductions will also include 1,000 salaried employees and more than a third of its contract workers.
The U.S. Is Unhappy with Its Health Care: A new survey shows the percentage of Americans who want wholesale system reform is higher than in six other industrialized countries
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