In aggressively responding to the year-long credit crisis in the United States, the Federal Reserve has threatened its key responsibility of combating inflation, one of its leaders said on Monday.
THE share market closed marginally lower following weaker commodity prices, a weak US lead and major stocks going ex dividend.
For a small school with a liberal arts bent, Hamilton College in rural upstate New York does quite well with recruiters, particularly from Wall Street.
Stocks fell around the world Monday, led by Asian exchanges as concerns about a slowing global economy weighed heavily on the markets. Oil prices declined sharply as Hurricane Gustav weakened, but investors were still waiting to see how much damage the storm might do to Gulf Coast oil operations.
In Asia, South Korean shares were hardest hit, with the Korea Composite Stock Price Index plummeting 4.1 percent to 1,414.43 _ its lowest level in 17 months _ amid multiyear weakness in the country's currency.
The redundancies, expected to be finalised and announced possibly before the group reports its third-quarter results in two weeks' time, would mark Lehman's fourth round of job cuts in the past 12 months.
The United States dollar has posted its biggest monthly advance against the euro since the European currency's 1999 debut on evidence economic weakness that began in the U.S. spread and as crude oil prices ...
Billionaire Tory Party treasurer Michael Spencer has separated from his wife after 25 years of marriage.
Fannie Mae and Freddie Mac fell after Bank of China Ltd. , the nation's third-largest bank, said it pared its holdings of the mortgage-finance companies' debt as they faced growing losses and the potential need ...
Manufacturing activity declined for a third consecutive month in August as firms continued to struggle with falling demand and higher costs, a survey has found.
Sep 1 - Asian shares eased as oil rose above 116 dollars a barrel Monday, as a quarter of U.S. crude production was shuttered because of Hurricane Gustav.
Recent Comments