Fed orders emergency rate cut to 1.5 percent

The Federal Reserve has ordered an emergency interest rate cut of a half a percentage point to cope with the worst financial crisis since the 1929 stock market crash.

Did 'Mad Money' host turn into Chicken Little?

Beset by critics who said his bearish advice to investors has added fuel to Wall Street's fire sale, financial guru Jim Cramer Tuesday stood by his ominous warning: "Short term, this is a perilous market."

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