TOP 100 FINANCIAL SITES
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| Pepsi Forecast Refreshes Investors PepsiCo's net income dropped 31% on a year-earlier tax benefit, but investors cheered signs that the beverage and snack giant is overcoming soaring commodity costs and the weak economy. Shares rose 5.5% online.wsj.com |
Government frees Freddie, Fannie reins despite huge losses NEW YORK (Reuters) - Fannie Mae and Freddie Mac could have billions of dollars more to fund home purchases after the government on Wednesday lifted caps on the two largest U.S. mortgage finance companies to ease a housing crisis. feeds.reuters.com |
More Rate Cuts From Fed Expected Tuesday WASHINGTON (AP) -- Desperate to aid an economy in crisis, the Federal Reserve is ready to deliver yet another big interest rate cut.... hosted.ap.org |
U.S. construction spending drops for fifth straight month in February U.S. construction spending dropped by 0.3 percent in February, the fifth straight monthly decline, as residential construction tumbled for a record 24th consecutive month, the Commerce Department reported Tuesday. Total construction ... english.people.com.cn |
Irwin Kellner: Don't fear the deficit, it will cushion the downturn Fear not Washington's rising budget deficit, for it will take some of the pressure off the Federal Reserve in its quest to cushion the downturn in the economy. feeds.marketwatch.com |