The US Labor Department reported Friday that the national unemployment rate rose in July slightly to 4.8 percent from 4.6 percent, according to ABC news Friday.
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Date Added: Aug 6, 2006 Hits: 4 Rating: 0.00 Votes: 0
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2 Rate Pause Likely -- but Then What?
Unless Federal Reserve policymakers want to risk triggering the equivalent of a major earthquake in global financial markets Tuesday, they will finally halt their two-year-long credit-tightening campaign.
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Date Added: Aug 6, 2006 Hits: 3 Rating: 0.00 Votes: 0
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3 $208M winning ticket sold in Wis. store
The single winning ticket for the $208.6 million prize in the multistate Powerball was sold to someone in Fond du Lac, a city with a history of big jackpot winners, the Wisconsin Lottery said.
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Date Added: Aug 6, 2006 Hits: 2 Rating: 0.00 Votes: 0
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4 Oil prices rise as BP shuts field
Oil prices today came under further pressure after BP began shutting down a major oil field in Alaska following a small spill.
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Date Added: Aug 7, 2006 Hits: 1 Rating: 0.00 Votes: 0
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5 Media group Forbes sells stake to Bono
A private equity fund backed by U2 frontman Bono has taken a stake in US media group Forbes.
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Date Added: Aug 7, 2006 Hits: 0 Rating: 0.00 Votes: 0 Member Reviews -
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6 Jaguar tipped to be next after LDV
Oleg Deripaska, head of the Russian GAZ Group has been linked to a possible bid for Jaguar.
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Date Added: Aug 7, 2006 Hits: 0 Rating: 0.00 Votes: 0 Member Reviews -
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7 Deal near for MFI to sell furniture store chain
MFI is understood to be close to unloading its loss-making furniture retailing business.
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Date Added: Aug 7, 2006 Hits: 0 Rating: 0.00 Votes: 0 Member Reviews -
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8 Rumours increase over Esporta and Cannons sale
Two of UK's largest gym chains, could be sold in deals worth a total of £850m, according to weekend speculation.
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Date Added: Aug 7, 2006 Hits: 0 Rating: 0.00 Votes: 0 Member Reviews -
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9 BP shutdown forces oil prices up
OIL prices jumped overnight after UK energy giant BP was forced to begin a production shutdown at a major field in the US state of Alaska.
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Date Added: Aug 7, 2006 Hits: 0 Rating: 0.00 Votes: 0 Member Reviews -
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10 US stock futures down on Fed worries, crude spike
US stock market futures sagged on Monday, with a rally in crude-oil futures and nervousness ahead of a Federal Reserve interest rate decision weighing.
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Date Added: Aug 7, 2006 Hits: 0 Rating: 0.00 Votes: 0 Member Reviews -
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11 Oil Surges Above $76 as BP Shuts Alaska Field, Largest in US
Crude oil surged above $76 a barrel, recording its biggest gain in two weeks, after BP Plc said it will shut Alaska's Prudhoe Bay field, where 8 percent of US oil is produced
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Date Added: Aug 7, 2006 Hits: 0 Rating: 0.00 Votes: 0 Member Reviews -
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12 US Jobs Report Tips the Scale for a Fed Pause: John M. Berry
The July labor market report tipped the scale in favor of a pause in the Federal Reserve's drive to raise interest rates to keep inflation under control
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Date Added: Aug 7, 2006 Hits: 0 Rating: 0.00 Votes: 0 Member Reviews -
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13 Slippery day on Wall Street
Stocks slipped Monday, led by technology, as rising oil prices sparked worries about inflation ahead of Tuesday's Federal Reserve policy meeting, in which the central bank is expected to put its rate-hiking campaign on hold.
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Date Added: Aug 8, 2006 Hits: 0 Rating: 0.00 Votes: 0 Member Reviews -
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14 Asia stocks recover, awaiting Fed
Asian stocks rose Tuesday on optimism that U.S. interest rates would be kept on hold, but the dollar hung near two-month lows as investors idled ahead of the Federal Reserve's policy decision later in the day.
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Date Added: Aug 8, 2006 Hits: 0 Rating: 0.00 Votes: 0 Member Reviews -
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15 SEC won't challenge hedge fund ruling
The Securities and Exchange Commission said on Monday it will not appeal a court decision nullifying a rule requiring advisers of most hedge funds to register with the investor protection agency.
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Date Added: Aug 8, 2006 Hits: 0 Rating: 0.00 Votes: 0 Member Reviews -
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16 Slim pickings for real estate vultures
As signs mount of a slowing real estate market, the "vultures" are beginning to circle. But home prices may still have to fall further to create the bargains they crave.
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Date Added: Aug 8, 2006 Hits: 0 Rating: 0.00 Votes: 0 Member Reviews -
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17 The Mouse is mighty and the Fox trots
Walt Disney and News Corp. are the Midases of media this year: Just about everything they've touched has turned to gold.
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Date Added: Aug 8, 2006 Hits: 0 Rating: 0.00 Votes: 0 Member Reviews -
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18 Court: IBM cash-balance pension is okay
In a victory for IBM, an appeals court on Monday ruled that IBM's conversion of its traditional pension plan to a cash-balance plan did not discriminate against older workers.
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Date Added: Aug 8, 2006 Hits: 0 Rating: 0.00 Votes: 0 Member Reviews -
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19 Consumer credit jumps on charge card debt
Consumer credit rose by a bigger-than-expected $10.27 billion in June on a surge in credit card debt, a Federal Reserve Report Monday showed.
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Date Added: Aug 8, 2006 Hits: 0 Rating: 0.00 Votes: 0 Member Reviews -
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20 Wal-Mart to hike starting pay at some stores
Wal-Mart, which has been accused of paying low wages, on Monday said it was increasing starting pay rates at more than 1,200 of its 3,900 U.S. stores.
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Date Added: Aug 8, 2006 Hits: 0 Rating: 0.00 Votes: 0 Member Reviews -
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