A New Blog Site
• ARENAcess
Links
• 1stTimeHBTaxCredit
• AZ Weather
• BillDigitalSurgeon
• CoolestGirlinMtgs
• HERA 2008
• HFA Programs
• HomeAffordableRefi
• Lillian Wong
• Lillian's Newsletter
• MARENews
• NSP Grants
• SHOAZ.com
• Syndicated News
• Video News
Networks
• Bebo
• BlipFM
• Blogger
• Datpiff
• Facebook
• Flickr
• FriendFeed
• Google Reader
• LinkedIn
• MerchantCircle
• MMG
• MortgageNewsDaily
• MyBlogLog
• MySpace
• Plaxo
• Tweet Tweet
• TwitPic
• Twiturm
• Yahoo!
• YouTube
• Zillow
RSS Feeds
• CNN - Financial
  • Land O'Lakes CEO Beth Ford, from the cornfield to the C-suite
    
  • Goldman Sachs slants research to help Democrats, top White House adviser says
    
  • China says it will never use its currency as a weapon in the trade war
    
  • The next big test for Elon Musk arrives this week
    
  • The next big test for Elon Musk arrives this week
    
  • CEOs are cashing in on the market boom
    
  • General Electric is in a sharp decline
    
  • Minimum wage since 1938
    
  • Why investors aren't freaking out about inflation
    
  • Countries with higher wages than the U.S.
    
  • Corporate America, not banks, could cause the next recession
    
  • Blind Brexit? Businesses fear even more uncertainty
    
  • Dow sets first record high since January
    
  • China strikes back by going after America's energy companies
    
  • Investors are starting to worry about the economy
    
  • Executives on the front line worry about where the trade war goes next
    
  • What they're saying about the trade war at China's 'Davos'
    
  • Corporate America is spending more on buybacks than anything else
    
  • Lehman Brothers: When the financial crisis spun out of control
    
  • These countries are most vulnerable to the emerging market storm
    
• Tweets Feed
• BlogMaverick
  • What Business is the NBA in ?
    
  • The NBA is a Talent Driven League and That is a Great Thing
    
  • Some Thoughts on Fixing Obamacare – Shoot Holes in this Please
    
  • Dear Mr President , My Suggestion for Infrastructure Spending
    
  • My Thoughts on the MSM Getting President Trump Elected and Then Some
    
  • Virtual Reality Gave Me My Brain Back
    
  • Why Apple Must Win vs the FBI
    
  • What Do You Have to Hide ?- The Most Dangerous Question in America
    
  • Apple Vs The FBI vs a Suggestion
    
  • Some Thoughts on the Presidential Race and SocioCapitalism – Updated
    
• G20 Summit News
  • Carillion finance director blew the whistle on irregular accounting, board papers show
    
  • Inflation 'subdued', ECB chief says, suggesting bond buying could be extended
    
  • Market report: A chill wind blows for finance giants
    
  • Fears mount that energy firms will 'slash and burn' jobs to cope with price cap
    
  • Lack of property register an aid to criminals, Sadiq Khan warns
    
  • Goldman Sachs considering sale and leaseback of new London headquarters
    
  • Week ahead in business and finance
    
  • P&O set to chart course into major new £150m Tilbury terminal
    
  • Bunzl acquisitions hit record high as Amazon concerns persist
    
  • Hiscox profits crash 91pc after 'most costly year ever' for natural disasters
    
  • Primark blames warm October weather for sales dip
    
  • Melrose's £7.4bn GKN bid approved by US and Canadian competition authorities
    
  • Aston Martin roars back to profit ahead of potential float
    
  • Consumer credit boom over as households cut back
    
  • Old £10 note goes out of circulation this week – what to do with your notes
    
  • Animal drugs firm Dechra boosted by growing demand in US
    
  • Vodafone chief hits back at Deutsche Telekom in row over German expansion
    
  • Revealed: The most stressed city in the UK (and it's not London)
    
  • Fracking and new planes help Senior break through £1bn in sales
    
  • Hammerson boss defends Intu takeover despite retail sector 'malaise'
    
  • Big banks struggling to cater for clued up Generation Z’s needs
    
  • Deutsche Bank plans £1.8bn float of its asset management arm next month
    
  • Open Banking to contribute £1bn to UK economy, says report
    
  • Carillion ex-finance chief under fire for selling shares at 'first possible moment' before collapse
    
  • Tighten labour laws to get young people out of insecure work, think tank urges 
    
  • 'Queen's broker' JP Morgan loses 30 clients in 5 years
    
  • Jamie's Italian and the casual dining industry: the menu looks set for another troubled year
    
  • The firms that find it hard to be in two places at once
    
  • Foxtons profits expected to fall again on cooling London housing market
    
  • Google’s UK tax could jump seven-fold on plan for revenue levy 
    
  • £15bn boost to UK growth as watchdog set for embarrassing U-turn
    
  • Ella's Kitchen boss: 'Retailers don't like you getting too big, they like choice'
    
  • Coal groups urge Lloyds of London to do more to fight coal-fired power
    
  • Donald Trump's US tax reform gives Warren Buffett a $29 billion boost
    
  • Provident tests the water on £500m rights issue
    
  • Interserve crisis grows as debt talks stumble
    
  • O2 signals plans for £10bn market listing
    
  • ITV begins court fight with Duck Dynasty duo
    
  • Motor dealer accuses Lloyds of pushing it out of business
    
  • Struggle to fill vacancies amid UK jobs boom
    
  • Warren Buffett plays down rumours he is ready to step down
    
  • Warren Buffett to retire from Kraft Heinz board
    
  • Market report: Investors shoot down BAE as analysts sound dividend alarm
    
  • Thousands of jobs at risk as Toys R Us readies for collapse
    
  • Abellio pulls out of rail bid after Carillion collapse
    
  • RBS boss hails 'symbolic' first profit since financial crisis but stock slides on US fine fears
    
  • Dominic Chappell ordered to pay £87,000 for failing to give information about BHS sale
    
  • Aviva pulls back from Spain with €202m sale
    
  • Rightmove shrugs off housing market 'uncertainty' with record customer numbers
    
  • William Hill left counting the cost of Australian venture after slumping to a loss
    
  • Shareholders welcome Persimmon's £50m bonus clawback
    
  • IAG boss Willie Walsh's bold growth plans fail to impress investors
    
  • Zombie life insurer Phoenix to buy Standard Life Aberdeen insurance arm in £3.2bn deal
    
  • End fixation on economic growth, says Labour's McDonnell
    
  • China takes control of insurance giant Anbang
    
  • Ofcom eases price controls on Openreach broadband
    
  • Pearson returns to profit as turnaround continues
    
  • Standard Life Aberdeen starts chairman search as Sir Gerry eyes exit  
    
  • Tech giants face UK tax overhaul as Treasury says they must pay more 
    
  • Market report: Bid talk sends Flybe’s shares soaring 
    
  • Former Carillion finance director thought pension contributions a 'waste of money', trustee chairman says
    
  • Barclays boss Staley promises hike in investor payouts despite £1.9bn loss
    
  • Rio Tinto consults on moving jobs away from London
    
  • Barclays criticised for 'shocking' pay gap with women paid half what men earn at investment bank
    
  • Malaysian gambling crackdown continues to weigh on Playtech
    
  • Boss of Southern Rail operator says it will bid for contract again after 'bloody good job'
    
  • Sales growth miss takes some of the puff out of British American Tobacco
    
  • Serco boss calls for greater outsourcing transparency in the wake of Carillion's collapse
    
  • British gas owner Centrica to cut 4,000 jobs as profits tumble
    
  • Anglo American vows to keep cutting debt after paying biggest dividend in a decade
    
  • Forties pipeline dents GDP growth but promises rebound in 2018 
    
  • BAE Systems spies future opportunities with Typhoon jets but flat forecast disappoints
    
  • Amey buys Carillion rail contracts, saving 700 jobs
    
  • Moneysupermarket shares plunge as investors told not to expect growth 
    
  • Kaz Minerals edges closer to long-awaited dividend on surging profits
    

• General
• Business
• Real Estate
• Mortgages
• Sports
• Finance

• October 2011
• September 2011
• May 2011
• April 2011
• February 2011
• January 2011
• November 2010
• August 2010
• June 2010
• May 2010
• April 2010
• March 2010
• February 2010
• January 2010
• December 2009
• November 2009
• October 2009
• September 2009
• August 2009
• July 2009
• June 2009
• May 2009
• April 2009
• March 2009
• November 2008
• October 2008
• September 2008
• August 2008
• July 2008
• June 2008
• May 2008
• April 2008
• March 2008
• February 2008
• January 2008
• December 2007
• November 2007
• October 2007
• September 2007
• August 2007
• July 2007
• June 2007
• May 2007
• April 2007
• March 2007
• February 2007
• January 2007

• Login
• Podcasts
• RSS
• Comments RSS

WASHINGTON - A dramatic cut in the Federal Reserve’s discount rate sent stocks soaring Friday, but the spreading global credit crisis means the Fed almost certainly will have to do more. A cut in the more important federal funds rate is expected to follow in short order as the central bank battles to keep the economy out of recession. With his surprise announcement before Wall Street opened for trading, Federal Reserve Chairman Ben Bernanke found a clever way to give banks access to badly needed funds by cutting the discount by a half-point, to 5.75 percent. That is the interest rate the Fed charges banks for direct loans.   More…

Leave a Reply

Name

Mail (will not be published)

Website