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The search for signals that the historic sell-off for stocks has bottomed out can be endlessly frustrating, as the market goes through brief rallies followed by vertigo-inducing declines.
HOMEBUYERS are set to save almost $200 a month with the Reserve announcing a massive 100 point cut to official interest rates.
THE Reserve Bank has slashed official interest rates to 4.25 per cent in a bid to protect the economy from the worst of the global recession.
THE Reserve Bank today slashed official interest rates to 4.25 per cent in a bid to protect the economy from the worst of the global recession.
Decisive and coherent policy measures to revitalize the equity market are needed to materialize the 4 trillion yuan stimulus package and also shore up China's economy, ten top economists said in a joint plea to the central government. The hefty fall of the Chinese stock market, often seen as the barometer of the country's economic and social conditions, may lead to systematical risks in the ...
Decisive and coherent policy measures to revitalize the equity market are needed to materialize the 4 trillion yuan ($586 billion) stimulus package and also shore up China's economy, ten top economists said in a joint plea to the central government.
The Dow plunges 680 points on a barrage of negative economic news, including an official pronouncement that the recession has arrived
As chairman of the Shubert Organisation, Gerald Schoenfeld was one of the most powerful men on Broadway.
THIBODAUX - By the end, Southeastern's season played out like “Groundhog Day” - the same movie, over and over again.
Academic economists confirmed Monday suspicions that the troubled U.S. economy is in a recession, saying the economic downturn began last year. Also, U.S. stock markets surrendered much of last week's rally, with the Dow Jones industrials falling more than 7 percent.
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