Archive for April, 2008

Consumer may get benefits from a Fed rate pause

While the Federal Reserve’s aggressive drive to lower interest rates appears to be over, there could be benefits for consumers in other places _ like some relief from soaring gasoline and food costs. (1 min ago)

Japan’s industrial output falls at fastest pace in five years – UPDATE 2

Production due to rising inventories amid slowing demand from the United States, government data showed Wednesday. The Ministry of Economy, Trade and Industry said factory output dropped a seasonally adjusted 3.1 percent in March from February, the biggest fall since January 2003. (9 mins ago)

Television – Business

Investors in Geneva Finance yesterday voted overwhelmingly in favour of a restructuring plan that will stave off receivership. (6 mins ago)

Small Business Sector Braces for Downturn

Lu Ann Mars has seen her Bentonville concrete company reduce operations by at least 40 percent in the past year because of the sluggish regional real estate market. (2 mins ago)

Small Business Sector Braces for Downturn

Lu Ann Mars has seen her Bentonville concrete company reduce operations by at least 40 percent in the past year because of the sluggish regional real estate market. (13 mins ago)

Dow ends up 43 as many investors overcome economic worries

Wall Street ended its second straight winning week with a moderate advance Friday, overcoming concerns about consumer confidence and inflation. (6 mins ago)

Homing in on the right mortgage

I have received much e-mail lately from buyers who are worried about not being able to find a good mortgage lender. (4 mins ago)

Television – Business

While we’ve seen the price of petrol and dairy products soar, wheat and rice are hot on their heels. Rising food prices have sparked violence and protests around the world – and closer to home retailers are starting to feel the squeeze. (15 mins ago)

Disability pay boost sought

Injured workers, at a news conference this morning, are expected to urge California lawmakers to raise the benefits paid to workers who are permanently disabled in on-the-job accidents, pointing to data showing that workers here receive the fourth-lowest payments in the nation. (6 mins ago)

Chancellor to urge lenders to pass on rate cuts to borrowers

Banks and building societies will be urged at a crisis meeting with the Chancellor today to pass on cuts in interest rates and give greater flexibility to customers in trouble with their mortgage repayments, after the biggest bank bail-out in a generation. (39 mins ago)