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Dollar slides versus major currenices as rate differential eyed
Sep. 21, 2006
The dollar fell against major currencies Thursday on growing expectations the interest-rate differential between the U.S. and Europe will narrow this year.
BIZ/FINANCE ARTICLES
Stocks declined Tuesday after a weak housing report outweighed data showing inflation remains relatively tame
Media Release
The producer price index fell 0.4% but the real nasty news came from housing starts that slumped 6% on top already collapse that btook place earlier in the year.
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US Federal Reserve must lower the interest rates rapidly now to halt free falling US economy from a total catastrophic collapse
Sam Adelton
It seems like Japan in early nineties but in an accelerated mode. The biggest problem for the US economy as talked before is the real estate and heavy consumer debt. The Government debt is also a major problem as US economy rapidly shrinks.
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The bubbles in India, China and price pattern in Gold and oil forecast worldwide depression with relatively high commodity inflation
Paula Harris
It is time for Federal Reserve in US to preempt fast and decisively now. They should not do what they did in 1987. They should lower the rates after the big stock market crash. It will be too late this time. It is time for them to act now.
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10000 more at Ford to become unemployed as Ford heads towards bankruptcy
Media Release
No. 2 automaker to hasten and expand plant closings, trim a third of white-collar jobs and suspend dividend; still, stock tumbles as expected rebound to profitability delayed.
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Soaring global oil prices sent the U.S. trade deficit to an all-time high
Media Release
Soaring global oil prices sent the U.S. trade deficit to an all-time high, and Democrats hoping to take control of Congress said the figures showed Republican policies have failed.
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HP chair Dunn to leave post after spy scandal
Grace Wong - CNNMoney.com staff writer
Hewlett-Packard announced a shakeup of its board Tuesday in the wake of its controversial leak investigation, but the company's problems are far from behind it.
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The possibility fo the October melt down just like 1987 is real again
Sam Adelton
Stagflation and slow consumer spending are making market ready for October crash again - Dow Ends Down 36, Nasdaq Closes Down 16
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The slowdown in the once-sizzling housing market is spreading
Media Release
The slowdown in the once-sizzling housing market is spreading, with 28 states and the District of Columbia reporting spring sales declines, led by big drops in former boom areas of Arizona, Florida and California.
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Dow industrials and S&P 500 give back almost all gains as oil prices stem losses but Nasdaq holds on
Media Release
A morning mega-rally turned into a small tech advance Monday as a broad advance petered out by the close, with only the Nasdaq holding on to gains.
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