http://www.dailyfinancenews.com Last 20 items on Daily Credit Crunch Finance News Daily Finance And Business News http://www.dailyfinanceupdates.com/Canadian-Dollar-Climbs_s842.html The Canadian dollar rallied for a third straight week, touching a 14-month high and moving closer to parity with its U.S. counterpart as signs of economic recovery pushed commodities and stocks higher. http://www.dailyfinanceupdates.com/Oil-Jumps-High_s841.html By midday in Europe, benchmark crude for November delivery was down 15 cents at $78.38 in electronic trading on the New York Mercantile Exchange. Earlier in the session, it rose as high as $79.05. The contract added 95 cents to settle at $78.53 on Friday. http://www.dailyfinanceupdates.com/Arab-Countries-Lose-Trillions_s840.html Bad news for Arab countries as the global economic crisis has cost Arab countries $2,500bn (POUND 1,690bn) in the last four months alone, according to Kuwait's foreign minister. http://www.dailyfinanceupdates.com/Delayed-Tax-Refunds-for-California_s839.html Bad news for California residents - there will be a 30-day delay on tax refunds and other payments starting Feb. 1 because the state is running out of money. http://www.dailyfinanceupdates.com/Chrysler-Grabs-$1.5-Billion-Bailout_s838.html Another day, another bailout. This time Chrysler has taken $1.5 billion of tax payers money to stay afloat. They say it will allow them to offer customer zero-percent financing on several models (the slow sellers, eh?) and help bad credit customers to get a car. http://www.dailyfinanceupdates.com/Circuit-City-To-Liquidate-ALL-Stores_s837.html You know things are bad when the nation's second-biggest retailer goes under... They couldn't find a buyer so all 567 US stores are to be liquidated. That's 30,000 people who will be looking for new jobs.... http://www.dailyfinanceupdates.com/Wachovia-racks-up-massive-$8.9-billion-loss_s836.html The banking firm plans to shake up its mortgage unit, slash its dividend payout to shareholders, and cut thousands of jobs. http://www.dailyfinanceupdates.com/Fed-Auction-Aims-to-Ease-Credit-Crisis_s835.html In a statement on Friday, the Fed announced that it would continue holding the auctions, which began in December, every other week "for as long as necessary to address elevated pressures in short-term funding markets." http://www.dailyfinanceupdates.com/Mortgage-applications-continue-to-slide_s833.html The drop in applications piled on to reports from the country's builders and the government this week suggesting any sustained housing rebound could be next year's business. http://www.dailyfinanceupdates.com/Microsoft-to-change-Vista_s832.html The point of contention is the computer search function that puts Google Inc. and other potential rivals at a disadvantage, the Justice Department and Microsoft said on Tuesday. http://www.dailyfinanceupdates.com/Martha-Stewart-Company-Nets-$2.1-Million-In-2006_s831.html Still, Martha Stewart Omnimedia awarded Ms. Stewart $2.1 million in compensation last year, citing her continuing efforts to turn around the company's fortunes, according to a proxy statement released Monday. http://www.dailyfinanceupdates.com/Why-Not-Use-Your-401K-To-Pay-For-College_s830.html I'm figuring I'll have to tap my 401(k) at work, but am unsure how much I can take out and how best to do it. Any advice? - Rick, Naperville, Illinois http://www.dailyfinanceupdates.com/Do-Not-Panic---AOL-Is-Doing-Fine_s829.html People on Wall Street love to keep speculating about AOL's future within the Time Warner organization. http://www.dailyfinanceupdates.com/DaimlerChrysler-Confirms-Potential-Buyers-Interest_s828.html But he would not give details of discussions and said all options for the No. 4 U.S. automaker are still on the table. http://www.dailyfinanceupdates.com/View-The-Most-Desired-Homes-By-The-Zip_s826.html Such as this modern, highly crafted cottage has a contemporary look. Outside, it uses the woods of the Pacific Northwest to elegantly achieve a rustic simplicity blended with an elegant design. http://www.dailyfinanceupdates.com/Toyota-Pirus-Boosted-By-Incentives_s827.html The "ECO-nomic savings bonus" on the 2007 Prius involves discounts on specific option packages. Discounts range from $600 to $2,000. http://www.dailyfinanceupdates.com/Top-US-Car-Brands-Sales-Slump_s824.html General Motors, the nation's No. 1 automaker, reported that it's U.S. sales slipped 4 percent to 345,418, a bit worse than the forecast of a 1.3 percent decline by sales tracker Edmunds.com. http://www.dailyfinanceupdates.com/Existing-US-Home-Sales-Show-Surprise-Rise_s825.html The National Association of Realtors said its Pending Home Sales Index, based on contracts signed in February, rose 0.7 percent to 109.3 from a downwardly revised level of 108.5 in January. http://www.dailyfinanceupdates.com/Mortgage-Fears-As-New-Century-Files-For-Chapter-11_s822.html Rising defaults on variable-rate mortgages have pinched lenders who made loans to borrowers with spotty credit histories, leaving many in financial trouble. http://www.dailyfinanceupdates.com/EMI-To-Sell-DRM-Protection-Free-Music_s823.html But Beatles fans have to keep waiting for songs from the Fab Four to be available online. EMI, which owns the Beatles catalog, said that music from the Beatles is not part of the deal with Apple.