| 11. |
Fed's Plosser Comment Helps Strengthen U.S. Dollar
The EUR USD reversed an earlier uptrend to close lower for the day. The Dollar rose as Treasury Secretary Paulson reiterated his call for a strong Dollar, saying it is "really very important."
23 Jul 2008 |
| 12. |
Fed chief: Gov't needs more power when firms fail
The nation's top economic officials urged Congress on Thursday to give them new regulatory tools to better protect the country from economic and financial havoc if a major Wall Street firm were to fail.
11 Jul 2008 |
| 13. |
Fed to curb shady home-lending practices
The Federal Reserve will issue new rules next week aimed at protecting future homebuyers from dubious lending practices, its most sweeping response to a housing crisis that has propelled foreclosures to record highs.
09 Jul 2008 |
| 14. |
Nadal dethrones Federer in five-set Wimbledon epic
With darkness enveloping Centre Court and the clock showing 9:15 p.m., Rafael Nadal watched as Roger Federer's errant forehand settled into the net, ending what might have been the greatest men's final on the greatest stage in tennis.
08 Jul 2008 |
| 15. |
Fed holds rates steady for now
With inflation moving higher on its worry list, the Federal Reserve held interest rates steady Wednesday, ending nearly a year of cuts to bolster the economy, and hinted that the next direction for rates could be up.
26 Jun 2008 |
| 19. |
FedEx swings to 4Q loss; guidance disappoints
FedEx Corp. reported a fourth-quarter loss Wednesday and offered a gloomy outlook as it wrestles with a slumping U.S. economy beset by soaring fuel costs and falling prices for homes.
19 Jun 2008 |
| 20. |
On the Watch: FedEx to report results
Investors will look to see how FedEx Corp. is dealing with waning demand, a sluggish economy and high fuel prices when it reports earnings for the fourth quarter and fiscal year on Wednesday.
Morgan Keegan analyst Art Hatfield sees soaring jet fuel prices and slowing express delivery demand hurting the company's bottom line.
18 Jun 2008 |
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