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Another $800 billion, mostly from Federal Reserve, pledged to assist ... - Denton Record-ChronicleU.S. officials on Tuesday pledged to pump another $800 billion into ailing credit markets, much of it directly from the Federal Reserve — a move that makes the nation’s central bank a lender to almost every corner of American life. The Fed, whose ...
Recession officially began in December '07, economists say - Denton Record-ChronicleWASHINGTON – The U.S. economy officially sank into a recession last December, according to the committee of economists responsible for dating the nation's business cycles. As if adding a grim punctuation mark to what could become the worst holiday ...
Large interest rate cut tipped - News.com.auINTEREST rates are today expected to crash to their lowest levels in seven years because of a drop in inflation and a slowdown in the manufacturing sector. Economists are unanimous in tipping a rate cut ahead of today's Reserve Bank of Australia ...
Credit crunch pressures consumers to get out of debt - Denton Record-ChronicleMore than anything else, Sondra Page wants to be a homeowner again. But before she can qualify for a loan, she needs to raise her credit score. And, to raise her score, she has to cut her debt level. It's a problem common to many Americans as today's ...
House prices dive 15% in record drop - Times OnlineBritish house prices fell by a record 15 per cent in the year to October as the country's deteriorating economy wiped £30,000 off the value of an average UK home. On a monthly basis, house prices fell by 2.2 per cent between September and October ...
Give Me Feedback - Washington PostResize Join me today for a chat with authors Laurence Shatkin and Sue Pines about their book "150 Recession-Proof Jobs," this month's Color of Money Book Club selection. Check out my column on the book: Recession-Proof Jobs . Certainly, the 50,000 ...
Segregated in the City - PLANetizenAs more and more people move to the cities, the prevalence of economic and racial segregation becomes more and more apparent. "Increasingly cosmopolitan metropolises on every continent live under the specter of global tensions flaring up on their ...
Spin no cure for depression - Australian Broadcasting Corp.A majority of Australian households built up a less than healthy debt on the basis of government and business spin. (ABC News: Giulio Saggin, file photo) For the past six months, communiqués on the collapsing world economy have been increasingly ...
2008 Financial Crisis - New York ObserverFrom The New York Times : "However dismal the outlook for Wall Street workers appeared at the end of the third quarter, the situation has gotten worse than most predictions. At the beginning of September, Moody’s Economy.com had predicted that 45 ...
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