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UK's Brown to press banks to cut interest rates - WTOP Radio
LONDON (AP) - British Prime Minister Gordon Brown said Friday he will be pressing bankers to pass on lower interest rates to consumers after the Bank of England moved to reduce its key lending rate to the lowest level since 1951. The Bank of England ...

Stock & fund quotes - ninemsn
Metals, oil prices dip * Weak manufacturing, mortgage data deepens economic gloom * Banks fall, pressured by sliding UK property market By Simon Falush LONDON, Dec 1 (Reuters) - Britain's leading share index fell 2.3 percent by midday on Monday as ...

Nov 30 - Dec 06 (176) - Andrewsullivan.theatlantic.com
If you're like me, you're putting your monthly retirement account statement directly into the trash without opening it. But it could be worse. An Economist writer who taught financial literacy to homeless single mothers noticed something wild : One ...

Refuting Conventional Wisdom: A Wall St. 'Truthiness' Index - Seekingalpha.com
We are always interested in things that become part of the conventional wisdom with little supporting evidence. To find the right terminology for this concept, we turned to a leading source, Stephen Colbert on "truthiness." Here is the Wikipedia ...

Hong Kong shares close higher on fresh China economic stimulus hopes ... - Forbes
HONG KONG (XFN-ASIA) - Share prices closed higher led by China stocks on speculation that Beijing will adopt as early as this weekend more measures to boost the economy, including a further reduction in interest rates and the reserve ratio ...

HSBC raises HK mortgage rates by up to 75 bps - Forbes
HONG KONG, Dec 2 (Reuters) - Global lender HSBC Holdings has raised its Hong Kong mortgage rates by up to 75 basis points with effect from Dec. 1, to address concerns over higher lending risks as the credit crisis deepens. A spokeswoman from HSBC ...

House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News Blogs
ABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...

Global Markets in Review: Winning Streak for Equity Bulls - Seekingalpha.com
The holiday-shortened Thanksgiving week brought investors an additional item to be thankful for when stock markets closed higher for five consecutive trading days - a rare winning streak last accomplished in July 2007. The S&P 500 Index gained 19.1 ...

Words from the (Investment) Wise for the Week That Was (November 24 ... - Safe Haven
The holiday-shortened Thanksgiving week brought investors an additional item to be thankful for when stock markets closed higher for five consecutive trading days - a rare winning streak last accomplished in July 2007. The S&P 500 Index gained 19.1 ...

Viewing all entries for: December 2008 - Economist.com
There has been a fascinating discussion taking place on depression economics. Paul Krugman, who's rereleasing his book on the subject, touched off the latest round with a note on wage policies, aggregate demand, and aggregate supply. Greg Mankiw ...