Business and Economy :: Current Events

Economic news - CNNMoney.com

Fed: Rates to stay low
Wed, 16 Dec 2009 15:51:12 -0500
The Federal Reserve kept its key interest rate near 0% and appeared ready to do so for the foreseeable future, after declaring Wednesday that despite signs of improvement, the nation's economy is likely to remain weak.
How to fight global warming: Smart taxes
Wed, 16 Dec 2009 14:24:38 -0500
With Copenhagen climate talks looking stalled and the Senate mired in complicated eco-wrangling, is there a simpler way to get the U.S. to reduce the carbon emissions that most scientists blame for global warming?
Holiday travelers: Expect crowded highways
Wed, 16 Dec 2009 14:31:24 -0500
Expect crowded skies and highways if you're planning to travel this holiday season, as millions more take to the road, according to a forecast issued Wednesday by motorist group AAA.
Home construction rebounds from 6-month low
Wed, 16 Dec 2009 09:24:59 -0500
Home building rebounded from a six-month low in November, with improvement in new home construction in all sections of the nation, according to a government report issued Wednesday.
Extreme modifications: 2% mortgages
Wed, 16 Dec 2009 09:14:39 -0500
At 8 a.m., homeowner Rodney Wynn was drowning under his $1,800-per-month, 13.4% interest rate mortgage. But by 5 p.m., he had found some relief: a 4.7% loan with a $970 monthly payment.
More last-minute holiday shopping this year
Wed, 16 Dec 2009 04:10:45 -0500
Holiday shoppers are procrastinating this season more than they have in the past five years, and are looking for discounts as Christmas nears, according to a retail group's survey released Wednesday.

BBC News | Business | World Edition

Deal in Microsoft-EU browser war
Wed, 16 Dec 2009 15:48:13 -0000
Microsoft reaches agreement with European Union anti-trust regulators to allow European users a choice of browsers.
Intel accused of blocking rivals
Wed, 16 Dec 2009 16:10:06 -0000
Intel, the world's biggest chip maker, is being sued by US authorities, accused of anti-competitive measures.
US interest rates remain on hold
Wed, 16 Dec 2009 20:11:06 -0000
The Federal Reserve decides to keep US interest rates on hold at between 0% and 0.25%, as widely expected.

 

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