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Relief on mortgage payments finally hits home - Age
WHEN Gina Moore checked her bank statement last month, it made her smile. For the first time, the 42-year-old disability support professional noticed the impact of several consecutive interest rates cuts on her monthly mortgage repayment. With an ...

When Fed rate hits zero, what's next? - Marketplace.publicradio.org
Kai Ryssdal: So here's a nifty macro-economic problem with some real-world applications. What do you do if you're running an economy and you run out of room? Room on interest rates, in this case. One of the textbook solutions to get things going ...

Wednesday's Personal Finance stories - Marketwatch
For all those people who've managed to pay their mortgage bills on time month after month, for all those homeowners who've watched just about everyone else get a bailout or at least a nod of commiseration in this economic maelstrom, the U.S. Treasury ...

Blue Nile: Diamonds Are Not Forever - Seekingalpha.com
Bargain hunters may be tempted to take a look at Blue Nile, Inc. ( NILE ) which is down roughly 75% from last year's high. After all, the company has no debt and posted third quarter profits, as opposed to many retailers which showed losses. The ...

PhillyDeals: PhillyDeals: Highway tolls a possible topic at Obama ... - Philiy.com
President-elect Barack Obama and the National Governors Association are meeting here today in Old City. So what can Obama offer cash-hungry Gov. Rendell and his cronies before they go home to face tight budgets and angry, scared citizens? "As part of ...

Zero interest: Savers pay dear for the plunging base rate - Daily Mail
Savers are facing massive cuts in income following the Bank of England base rate cut last month. Interest rates on some bank and building society accounts have been slashed by as much as 1.65 percentage points while others now pay no interest at all ...

Wall Street - New York Observer
“People aren’t going to stop living, and dining out is one of the most therapeutic things people can do,” said Tracy Nieporent, marketing director and partner in the Myriad Restaurant Group, which owns Tribeca Grill, Nobu and other pricey ...

High-Tech Lockup: Inside 4 Next-Gen Prison Security Systems - Popular Mechanics
The annual, government-funded mock riot held at the former West Virginia Penitentiary only reinforces the threat of inmate-on-guard violence that a booming mini-industry has begun to conquer with everything from RFID surveillance to remote medicine ...

ArcelorMittal, USW, reach agreement - NWITimes.com
BURNS HARBOR | The United Steelworkers and ArcelorMittal reached an agreement Wednesday eliminating the forced layoffs of 2,444 hourly workers at its Burns Harbor plant. Paul Gipson, president of United Steelworkers Local 6787, said the company and ...

Everything You Need to Know About the Financial Crisis: A Guest Post ... - New York Times Blogs
When the financial crisis was just beginning to appear, I did one of the smartest things I’ve ever done: I asked my colleagues Doug Diamond and Anil Kashyap to explain to me what was happening. What they said was so enlightening that I begged them ...