The U.S. stock market has lost 40 percent of its value since reaching its record high one year ago. And one share of Ford Motor Co. stock cost $2.08 on Thursday, Oct. 9, compared with $7.50 a share five years ago.

Here’s more of the latest news on the global economic crisis:

Italy is proposing shutting down all of the world’s stock markets until things can be sorted out.

The Wall Street Journal reported on one move in the U.S., which is only in the discussion stage. U.S. officials are considering temporarily insuring all bank deposits – even if someone has millions in the bank.

The intention is to prevent nervous customers from removing more cash from financial institutions – including small and regional banks, some of which are buckling under the strain.