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- A search of the Federal Reserve Board’s working paper series reveals a few papers that touch on the ... panel advises the president of the New York bank, who, in turn, is vice chairman of the Federal Open Market Committee, which sets interest rates.
- At least part of the explanation for the previous day's rally is investors' expectation that this afternoon the Federal Reserve will cut interest rates, continuing its battle to save the financial system. There's wide agreement that Fed Chairman Ben ...
- The federal government is mulling a sweeping plan that could help 3 million homeowners avoid foreclosures. A final deal had not been reached and negotiations could still fall apart, but government agencies were contemplating using $50 billion from ...
- And the mortgage crisis is brutal here, largely because the housing boom attracted commuters from Boston and second homeowners from New York to Rhode Island’s relatively low-priced homes. This raised home prices so steeply that now the housing ...
- The Sarasota-Bradenton housing market may have broken through a key statistic in its quest to find a bottom: the level at which a home would be selling for had the real estate boom never happened. The median sales price in the Sarasota-Bradenton ...
- The administration originally envisioned it as a program to buy up distressed mortgage-backed securities and other hard-to-sell assets. But the Treasury secretary, Henry M. Paulson Jr., rapidly shifted the focus of the Treasury’s efforts to inject ...
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Oct 22, 2008
ShareCast, UK -
LONDON (SHARECAST) - The Financial Services Authority (FSA) is extending its ban on short-selling of financial stocks following a 30-day review of last month?s surprise decision. The City watchdog introduced the ban on 18 September, but said it ... -
Wednesday, October 22, 2008
Spartanburg Herald Journal (subscription), SC -
Both warehouse clubs have book sections that include hardbacks, paperbacks, a large number of children's books, bestsellers, Bibles and more. The selection isn't as large as what you might find at a store that's solely dedicated to books, but ... -
Wednesday, October 22, 2008
ShareCast, UK -
LONDON (SHARECAST) - Crude futures slipped below $70 a barrel at one stage on Tuesday as traders continued to worry about the economy and the resulting slowdown in demand for oil. The expiration of the November crude-futures contract, which ... -
Wednesday, October 22, 2008
ShareCast, UK -
By Lee Wild LONDON (SHARECAST) - Home Retail Group has written down the value of its Homebase DIY chain by £542m and warned that annual profits will be at bottom end of forecasts unless sales improve. The Homebase goodwill value tumbles to ?388.7m from ...
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