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UPDATE 2-Euro zone PPI in record fall, firms case for rate cut - FXStreet.com
BRUSSELS, Jan 7 (Reuters) - Euro zone producer prices logged a record monthly fall in November as energy costs sank, showing inflation could be heading uncomfortably lower for the European Central Bank and firming the case for a rate cut next week ...

Waverly mortgage company goes from lender to mender - Waterloo Cedar-Falls Courier
WAVERLY --- When Randy and Julie Lee launched their Open Mortgage franchise, their idea was to fit would-be homeowners with the right deal to get them a house. Now, with an ailing economy in which a flurry of foreclosures is a chief symptom, the Lees ...

Jobless rates rise in all N.C. counties - Fayetteville Observer
The November unemployment rate jumped in every North Carolina county, according to seasonally unadjusted estimates released Tuesday by the state Employment Security Commission. Economists from across the state said they expected some increase in the ...

UPDATE 3-Taiwan makes snap rate cut as exports collapse - CNBC
By Lee Chyen Yee TAIPEI, Jan 7 (Reuters) - Taiwan resorted to an emergency interest rate cut of 50 basis points on Wednesday after data showed exports sinking at a record pace as the global financial crisis savaged demand in China, the island's ...

Market Faces Forks in Road to Recovery - Smart Money
Last year, the major stock indexes plunged in value as the economy was yanked back and forth by conflicting forces. On one end of the rope were the aggressive intervention efforts of the government; on the other end an accelerating financial crisis ...

No Instant Gratification In U.S. Stimulus Plan - Javno
U.S. President-elect Barack Obama answers a journalist`s question during his first press conference following his election victory in Chicago U.S. President-elect Barack Obama answers a journalist`s question during his first press conference ...

Letter: Distorted, misguided government policies caused free market ... - Opelika-Auburn News
In the 1990s, I used to give speeches on federal government deficit spending and the potential problems it would cause. Consequently, I have not been surprised by the recent financial turmoil that has devastated our economy. While the Congress and ...

Sterling haunted by euro parity - Financial Times
The pound dropped to a record low against the euro this week, threatening to hit parity against the single currency as UK economic data continued to deteriorate. This heightened expectations that the Bank of England would cut interest rates, which ...

Analysis: No instant gratification in U.S. stimulus plan - KPNews.com
WASHINGTON, Jan 6 (Reuters) - Even if U.S. lawmakers give President-elect Barack Obama every penny he wants for a massive spending and tax-cut program, it could be another year before the full benefits filter through to the paralyzed economy. Details ...

Time Warner’s rate hike turns clients off - Buffalo News
Time Warner Cable is raising monthly rates up to $6 starting Feb. 1. The details were first revealed in a monthly brochure sent late last week to Time Warner’s 330,000 subscribers and confirmed Monday by spokeswoman Robin Wolfgang. The rate ...