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A Crack in the Fed's Door

Categorie : Business News
The economic action this week isn't the release of data but a meeting of the Federal Reserve policymakers. On Tuesday and Wednesday, the Federal Open Market Committee will probably decide to leave the bank lending rate it controls unchanged at 2 percent. Futures markets price in a 90 percent chance. ...

read more The economic action this week isn't the release of data but a meeting of the Federal Reserve policymakers. On Tuesday and Wednesday, the Federal Open Market Committee will probably decide to leave the bank lending rate it controls unchanged at 2 percent. Futures markets price in a 90 percent chance. read more Sun Jun 2008

Tech's Upgrade

Categorie : Business News
The need to upgrade the tech capabilities of business and government is a constant -- whatever the economic conditions. That's good news for some information technology companies, such as Integral Systems, which was up 68 percent over the 12 months ended Wednesday. The Hackett Group rose 60 percent, ...

read more The need to upgrade the tech capabilities of business and government is a constant -- whatever the economic conditions. That's good news for some information technology companies, such as Integral Systems, which was up 68 percent over the 12 months ended Wednesday. The Hackett Group rose 60 percent, read more Sun Jun 2008

A Stock Answer That's Changing

Categorie : Business News
Fund managers around the world have become an awfully gloomy bunch. Peering into the future, they detect a gathering tide of declining profits, higher interest rates and rising inflation, according to this month's Merrill Lynch survey of asset allocations and market expectations. ...

read more Fund managers around the world have become an awfully gloomy bunch. Peering into the future, they detect a gathering tide of declining profits, higher interest rates and rising inflation, according to this month's Merrill Lynch survey of asset allocations and market expectations. read more Sun Jun 2008

An Outgoing Tide

Categorie : Business News
The pool, hot tub and ocean view are the same this summer at Bandit's Lair, but the seven-bedroom luxury home in North Carolina's Outer Banks is missing something critical: enough renters to keep it fully booked, even at a 10 percent discount. ...

read more The pool, hot tub and ocean view are the same this summer at Bandit's Lair, but the seven-bedroom luxury home in North Carolina's Outer Banks is missing something critical: enough renters to keep it fully booked, even at a 10 percent discount. read more Sun Jun 2008

House Passes Spy Bill; Senate Expected to Follow

Categorie : Business News
The House, in an overwhelming bipartisan vote, yesterday approved a sweeping new surveillance law that extends the government's eavesdropping capability and effectively would shield telecommunications companies from lawsuits for cooperating with the Bush administration's warrantless wiretapping... ...

read more The House, in an overwhelming bipartisan vote, yesterday approved a sweeping new surveillance law that extends the government's eavesdropping capability and effectively would shield telecommunications companies from lawsuits for cooperating with the Bush administration's warrantless wiretapping... read more Sun Jun 2008

Former Fund Managers Face Fraud Charges In Credit Crisis

Categorie : Business News
Two former Bear Stearns hedge fund managers were arrested yesterday and charged with fraud related to the collapse of a pair of investment funds that helped usher in the current financial crisis that grew out of the meltdown of the subprime mortgage market. They are the first top Wall Street... ...

read more Two former Bear Stearns hedge fund managers were arrested yesterday and charged with fraud related to the collapse of a pair of investment funds that helped usher in the current financial crisis that grew out of the meltdown of the subprime mortgage market. They are the first top Wall Street... read more Sun Jun 2008

Paid Parental Leave Act Passes House, but Faces Veto Threat

Categorie : Business News
A bill to enhance parental leave benefits for federal employees passed the House by a wide margin yesterday, despite a White House veto threat. ...

read more A bill to enhance parental leave benefits for federal employees passed the House by a wide margin yesterday, despite a White House veto threat. read more Sun Jun 2008

The Pentagon's Procurement Problem

Categorie : Business News
The giant award for a new refueling tanker was going to give the Air Force a chance to redeem itself. The service set out two years ago to create a demonstrably clear and straightforward process to avoid past missteps in replacing its aging aircraft fleet. ...

read more The giant award for a new refueling tanker was going to give the Air Force a chance to redeem itself. The service set out two years ago to create a demonstrably clear and straightforward process to avoid past missteps in replacing its aging aircraft fleet. read more Sun Jun 2008

For Rural Tibetans, the Future Is in Town

Categorie : Business News
GEZA, China -- Her elder sister is the first to rise, bringing in wood to light the cooking fire and setting water to boil for yak butter tea. Her mother is next, grabbing clumps of freshly picked dandelion greens from a metal tub to mix with barley powder and water to feed the pigs. ...

read more GEZA, China -- Her elder sister is the first to rise, bringing in wood to light the cooking fire and setting water to boil for yak butter tea. Her mother is next, grabbing clumps of freshly picked dandelion greens from a metal tub to mix with barley powder and water to feed the pigs. read more Sun Jun 2008

Surveillance Bill Offers Protection To Telecom Firms

Categorie : Business News
House and Senate leaders agreed yesterday on surveillance legislation that could shield telecommunications companies from privacy lawsuits, handing President Bush one of the last major legislative victories he is likely to achieve. ...

read more House and Senate leaders agreed yesterday on surveillance legislation that could shield telecommunications companies from privacy lawsuits, handing President Bush one of the last major legislative victories he is likely to achieve. read more Sun Jun 2008

Court Backs Workers In Age Bias Lawsuit

Categorie : Business News
The Supreme Court yesterday made it easier for fired workers to pursue claims that they lost their jobs because of age discrimination. ...

read more The Supreme Court yesterday made it easier for fired workers to pursue claims that they lost their jobs because of age discrimination. read more Sun Jun 2008

Domestic Spending Intact as House Passes War Bill

Categorie : Business News
In a pair of bipartisan votes, the House yesterday approved $162 billion to continue the wars in Iraq and Afghanistan well into 2009 and a separate measure that would allow veterans returning from those battlefields to receive increased education benefits. ...

read more In a pair of bipartisan votes, the House yesterday approved $162 billion to continue the wars in Iraq and Afghanistan well into 2009 and a separate measure that would allow veterans returning from those battlefields to receive increased education benefits. read more Sun Jun 2008

XM, Sirius Plunge After Merger Report

Categorie : Business News
Days after the nation's top telecommunications policymaker signaled his approval of a merger between the two satellite radio providers, XM and Sirius, a negative report released yesterday on the future of the companies sent shares of each firm sharply lower. ...

read more Days after the nation's top telecommunications policymaker signaled his approval of a merger between the two satellite radio providers, XM and Sirius, a negative report released yesterday on the future of the companies sent shares of each firm sharply lower. read more Sun Jun 2008

Air Force Faulted Over Handling Of Tanker Deal

Categorie : Business News
Federal auditors said yesterday that the Air Force bungled its decision to award a multibillion-dollar contract for new refueling tankers to a team that includes the European company Airbus, touching off calls for a congressional probe and putting yet another twist in the years-long, scandal-plagued ...

read more Federal auditors said yesterday that the Air Force bungled its decision to award a multibillion-dollar contract for new refueling tankers to a team that includes the European company Airbus, touching off calls for a congressional probe and putting yet another twist in the years-long, scandal-plagued read more Sun Jun 2008

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