Top 10 business stories of 2007
The 2007 U.S. housing bust hit everyone from would-be sellers of suburban split-levels to German bankers, as mounting home foreclosures led to billion-dollar bank write-downs, frozen credit markets and recession fears. The contagion was voted the top business story of the year by U.S. newspaper and broadcast editors surveyed by The Associated Press.
1. HOUSING CONTAGION
2. RECORD OIL PRICES
3. TOY RECALLS
4. FED MOVES
5. DOW HITS 14,000
6. DOLLAR FALLS
7. CHINA AND INDIA ROAR
8. ETHANOL BOOM
9. BANK CEO EXITS
10: UAW HEALTH DEAL
Ref. https://deseretnews.com/article/1,5143,695239608,00.html