Archive for May 3rd, 2008
Ford to Offer Buyouts to 1,300 Workers
Ford to Offer Buyouts to 1,300 Workers
DETROIT — Ford Motor Co. will offer buyouts to about 1,300 workers at assembly plants in Chicago and Louisville, Ky., as part of the automaker’s plan to adjust capacity with demand for its vehicles, […]
US Dollar: The US Service Sector Saved NFPs, Can it Support Monday’s ISM Data?
US Dollar: The US Service Sector Saved NFPs, Can it Support Monday’s ISM Data?
What Are The Markets Facing?
Conditions in US non-manufacturing sector - which accounts for approximately 70 percent of total economic activity in the country and includes retail, services, and finance - are anticipated to remain contractionary in April, as the Institute for […]
Fed Likely to Prefer Lending Over Interest-rate Cuts
Fed Likely to Prefer Lending Over Interest-rate Cuts
NEW YORK — The Federal Reserve’s decision Friday to lend more to banks may be a sign that policy makers want to avoid cutting interest rates any further, as they combat a credit crisis that is far from over.
The Fed cut rates to […]