Interest Rates Effect US Economy, Consumers - December 12, 2007 9:52

Following today’s Federal Reserve interest rate cut, many are wondering if the United States Central Bank has moved too quickly to reduce the benchmark interest rate that it charges to banks.  Others were hoping for an even more dramatic move of a half-point reduction instead of the quarter-point decrease.

Asian markets disappointed with Fed rate cut - December 12, 2007 9:00

Shares fell across the Asia Pacific region as investors seemed worried by the US Federal Reserve’s statement that the US economy was slowing, and were concerned that its cut in interest rates may not be big enough to prevent a recession Read More…

Conergy cuts 2007 guidance, to shed 500 jobs - December 12, 2007 9:00

Conergy cuts 2007 guidance, to shed 500 jobs FRANKFURT (Reuters) – German solar energy group Conergy will cut 500 jobs as it sells non-core businesses and repositions itself as an integrated supplier, the company said on Wednesday, chopping its earnings guidance. Source: feeds.reuters.com Swiss regulator pressed UBS to increase capital: report ZURICH (Reuters) – Swiss […]

Return of the bulls pushes crude oil above $90 - December 12, 2007 9:00

Return of the bulls pushes crude oil above $90 Oil futures closed above $90 a barrel yesterday, but retreated from earlier highs after the Federal Reserve disappointed investors by cutting a key US interest rate by less than many had hoped. While traders saw the Fed’s decision to trim the federal Source: c.moreover.com

Pensioned off? - December 11, 2007 16:16

There I was, keyboard and mouse at the ready, a hot mug of coffee carefully placed in the thoughtfully supplied cup holder on my Dell.

Commodities consolidate ahead of Fed - December 11, 2007 15:00

Commodity markets traded in consolidation mode as investors looked forward to the latest meeting of the Federal Reserve and an expected cut in US interest rates on Tuesday Read More…

H&R Block delays quarterly filing and sees wider loss - December 11, 2007 15:00

H&R Block delays quarterly filing and sees wider loss NEW YORK (Reuters) – H&R Block Inc , slammed over the past year by exposure to subprime mortgages, said on Tuesday it expects to report a wider quarterly loss due to losses on mortgage assets sales and charges related to restructuring its Option One Mortgage unit. […]

Futures stay put as Fed rate decision looms (Reuters) - December 11, 2007 15:00

Reuters – Stocks index futures were little changed on Tuesday as investors turned cautious before the Federal Reserve’s meeting later on Tuesday, which is expected to bring an interest-rate cut. Read More…

Oil Prices Rise Above $88, Eyes Texas Fog - December 11, 2007 15:00

Oil prices rose back above $88 a barrel on Tuesday as dense fog slowed U.S. crude oil imports along a key Texas waterway and traders shook off day-ago losses caused by forecasts for warmer weather that will curtail U.S. demand. Prices have slumped more Read More… Extract not available. Read More…