TOP 100 FINANCIAL SITES
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| Macy's to Cut Jobs Amid Slump Macy's said it will put more emphasis on local markets and cut over 2,500 jobs. Same-store sales fell 7.1%. online.wsj.com |
Fed Ready to Cut Interest Rates Again WASHINGTON (AP) -- The Federal Reserve is ready to lower interest rates again to brace the wobbly economy even as zooming oil prices spread inflation, Chairman Ben Bernanke signaled to Congress on Wednesday.... hosted.ap.org |
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. regulators and bankers defend Bear Stearns rescue WASHINGTON (Reuters) - Bear Stearns could not be allowed to collapse because it could have shattered confidence in financial markets and caused lasting damage to the economy, top regulators said on Thursday in defending the rescue of what was once the fifth-largest U.S. investment bank. feeds.reuters.com |
Wireless Business Drives AT&T AT&T posted a 22% rise in first-quarter net income, as strong growth at the company's wireless operations continued to overcome weakness at its traditional landline business. online.wsj.com |