Business / Tags / Rate

+8
Interesting
100% Credible

German jobless rate falls again

BUSINESS / NEWS Tue Apr 1, 2008 @ 8:26am neoform
BBC News -- Germany's unemployment rate has fallen by more than expected in March, government figures show. The number of people out of work was 110,000 lower than in February to a total of 3.5 million, meaning the unemployment rate fell to 8.4%. Analysts said.. Read More
+7
Interesting
90% Credible

EU fines Microsoft $1.3 billion

BUSINESS / NEWS Wed Feb 27, 2008 @ 8:15am neoform
MSNBC -- Microsoft had initially set a royalty rate of 3.87 percent of a licensee’s product revenues for patents and demanded that companies looking for communication information — which it said was highly secret — pay 2.98 percent of their products’ reven.. Read More
+9
Interesting
100% Credible

Wall Street to Open Flat With Fed Ahead

BUSINESS / NEWS Wed Jan 30, 2008 @ 8:14am neoform
SF Gate -- Stocks headed for a largely unchanged opening Wednesday, with investors unlikely to make bold moves ahead of a widely expected interest rate reduction by the Federal Reserve. The market has been banking on a new rate cut to be announced Wednesday after.. Read More
+6
Interesting
100% Credible

Behind Market Turmoil, Europe Is Weakening

BUSINESS / NEWS Wed Jan 23, 2008 @ 8:16am neoform
BusinessWeek -- The Fed's emergency rate cut eased the panic in EU markets, but problems such as inflation, tight credit, and a strong euro remain European financial markets breathed a sigh of relief on Jan. 22 as share prices rebounded after the U.S. Federal Reserve.. Read More
+8
Insightful
100% Credible

Who gets help from Bush foreclosure fix?

BUSINESS / NEWS Mon Dec 10, 2007 @ 8:19am neoform
MSNBC -- Last week’s White House plan to freeze some adjustable mortgages to slow the rising pace of foreclosures seem to raise as many reader questions as it answered. There’s a lot of confusion about just who is covered and who isn’t. And many readers are.. Read More
+7
Interesting
100% Credible

Fed cuts rates again

BUSINESS / NEWS Wed Oct 31, 2007 @ 4:52pm neoform
CNN -- The Federal Reserve lowered the target for a critical short-term interest rate by a quarter of a point Wednesday, citing continued concerns about weakness in the housing market. But the Fed indicated that it is also worried about inflation, a sign that.. Read More
+6
Important
100% Credible

Canadian dollar tops $1.03 (U.S.)

BUSINESS / NEWS Sat Oct 20, 2007 @ 5:35am neoform
Globe and Mail -- The loonie topped $1.03 (U.S.) on Friday, driven by surging crude prices and an inflation report that further dimmed the odds of an interest rate cut. The surging Canadian currency climbed as high as $1.0358, its highest level since June, 1974, in the.. Read More
+10
Interesting
100% Credible

Dollar hits record low against euro

BUSINESS / NEWS Thu Sep 20, 2007 @ 8:22am neoform
BBC News -- The US dollar hit a new record low against the euro as investors sold the currency after the Federal Reserve's hefty interest rate cut. The greenback dropped below the psychologically important $1.40 against the euro, deepening recent losses. The eu.. Read More
+19
Important
100% Credible

Fed rate cut may not be enough to stop slide into recession

BUSINESS / NEWS Fri Sep 14, 2007 @ 12:49am neoform
CNN -- Problems in housing, the financial markets and the first job decline in four years have made a Federal Reserve rate cut next week all but certain. But it has also raised talk about a recession - and whether the Fed is able to prevent one. While most ec.. Read More
+6
Interesting
90% Credible

ECB keeps interest rates on hold

BUSINESS / NEWS Thu Apr 12, 2007 @ 9:26am neoform
CNN -- The European Central Bank has decided to hold its key interest rate steady at three and three-quarters percent. The decision comes as euro countries see economic growth and falling unemployment. Analysts believe a rate increase is still to come in May.. Read More
+1
Under Rated

The Great Inflation Debate

BUSINESS / NEWS Mon Jun 16, 2008 @ 8:09am neoform
BusinessWeek -- From an economist's point of view, the "core" rate counts more than the "headline." But the Fed will have to pay attention to both If there's one thing Americans don't like, it's a cheater. And as far as many people are concerned, it's cheating to calc.. Read More
+1
Under Rated

The Lowdown on Libor

BUSINESS / NEWS Fri May 30, 2008 @ 8:10am neoform
BusinessWeek -- Financial institutions the world over use Libor—short for the London interbank offered rate—to set the interest paid on everything from mortgage loans to complex financial instruments. But now questions are being raised about whether the rate has been.. Read More
+1
Under Rated

Bracing for the Jobs Report

BUSINESS / NEWS Thu May 1, 2008 @ 8:13am neoform
BusinessWeek -- On the heels of what is likely the last Fed rate cut for a while, the May 2 jobs report could offer clues on how far the economy will fall Will the downturn be short and shallow or deep and vicious? With all apologies to William Shakespeare, that is th.. Read More
+1
Under Rated

The Fed's Job Gets Trickier

BUSINESS / NEWS Mon Mar 17, 2008 @ 8:21am neoform
BusinessWeek -- Action Economics still expects a rate cut of 50 basis points Mar. 18, though the Bear Stearns bailout could alter the Fed policy landscape The markets saw some good news in two reports released Mar. 14. A report on U.S. consumer-level inflation in Febr.. Read More
+1
Under Rated

More Bold Moves from the Fed

BUSINESS / NEWS Mon Mar 17, 2008 @ 8:17am neoform
BusinessWeek -- The central bank announced a quarter-point cut to the discount rate and a new financing facility for investment banks on Mar. 16 The Federal Reserve announced a series of steps Mar. 16 to help provide relief to a spreading credit crisis that threatens.. Read More
+1
Under Rated

China inflation hits fresh high

BUSINESS / NEWS Tue Mar 11, 2008 @ 8:21am neoform
BBC News -- China's inflation hit 8.7% in February, the highest rate in over 11 years, the National Statistics Bureau said. Soaring food prices were driving inflation, up 23.3% in February against the previous year, the bureau said. It attributed the jump to sn.. Read More
+1
Under Rated

Sharp jump in China trade surplus

BUSINESS / NEWS Fri Feb 15, 2008 @ 8:19am neoform
BBC News -- China's trade surplus soared 22.7% in January as the economy continued to boom despite efforts to cool the rate of growth, official figures have shown. The surplus - the gap between what China exports and what it imports - grew to $22.7bn (�11.5bn) l.. Read More
+1
Under Rated

Qatar's inflation headache

BUSINESS / NEWS Fri Feb 1, 2008 @ 8:15am neoform
CNN -- Amid all the talk about storm clouds gathering over the U.S. economy, it's easy to forget there are other places in the world where the sun is still shining. Take Qatar, for example; a small emirate in the Gulf whose economy is booming. When the final.. Read More
+1
Under Rated

Fed enters key meeting with no clear path

BUSINESS / NEWS Wed Jan 30, 2008 @ 8:22am neoform
MSNBC -- Just one week after an emergency three-quarter-point interest rate cut to calm jittery global financial markets, the Federal Reserve’s rate-setting committee sits down Tuesday to figure out its next move. While many investors are expecting another ag.. Read More
+1
Under Rated

Fed likely to cut key rate for a fifth time

BUSINESS / NEWS Wed Jan 30, 2008 @ 8:22am neoform
MSNBC -- The Federal Reserve is likely to follow its bold action last week to battle an economic downturn with a further interest rate reduction Wednesday, although analysts are split on just what size the future cuts will be. Some believe the Fed will settle i.. Read More
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