Mortgage and Financial News From 2008-3-18 Page 01
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Vetterkind Cattle: Current Packer Inventory, Sell Call Options (CattleNetwork.com)
The cash fed cattle trade was a little active yesterday as a sharp drop in live cattle futures yesterday prompted some hedged cattle to sell on the southern plains for $89.50. Numbers that sold were small and the early trade can be viewed one of two ways, one being that packers were willing to pay $.50 lower so early in the week and the other being feedlot confidence is such that this is the ...
2008-03-18 06:31:41 -
Profit From the Falling Dollar (The Motley Fool via Yahoo! News)
U.S. investors can't seem to catch a break. Stocks are sliding, real estate prices have fallen sharply, and even the once-mighty dollar has dropped to unprecedented low levels against many foreign currencies over the past several years.
2008-03-18 08:39:14 -
Profit From the Falling Dollar (The Motley Fool)
Some savers are cashing in.
2008-03-18 08:44:47 -
What the Fed cut means to your pocketbook (Orange County Register)
Good news for some borrowers, but savers will see income shrink. When the Federal Reserve announced its interest rate cut today, it brought cheers to cash-strapped borrowers, who will see rates drop on everything from credit cards to adjustable rate mortgages.
2008-03-18 11:31:39 -
Fed announcement: March 18, 2008 (Bankrate.com)
funds rate. What does this mean for your finances? Whenever the Federal Reserve Board changes interest rates, it creates opportunities to make money -- or blow some. Do you know the difference?
2008-03-18 11:43:51 -
How can you cash in on interst rate drop? (Florence Morning News)
The Federal Reserve dropped interest rates again. What does that mean to you?
2008-03-18 05:24:16 -
What should investors do during financial turbulence? (USA Today)
The financial turbulence of the past few weeks capped by this week's collapse of Bear Stearns and the Federal Reserve's slashing of short-term interest rates has left investors and savers pondering a big question: What do I do now?
2008-03-18 06:52:21 -
Retirees feel pain from interest-rate cuts (Philly.com)
While Wall Street was cheering today's interest-rate cut by the Federal Reserve, an 84-year-old Bucks County retiree was grumbling on behalf of people on the losing end of the reduction.
2008-03-18 07:19:48 -
Scramble for funds as Bank of England auctions £10bn (Independent)
The Bank of England's latest special auction of three-month funding received the biggest demand yet as banks lined up for a liquidity injection amid panicky financial markets.
2008-03-18 06:01:49 -
Families will have to spend an extra £572 a year as cost of essentials soars 40 per cent (Evening Standard)
Essential family bills for petrol and staple foods are rising at their fastest pace since records began. Official figures yesterday showed increases of up to 40 per cent over the past year – with the prospect of more to come.
2008-03-18 07:08:35 -
Free Times - Ohio's Premier News, Arts, & Entertainment Weekly (Cleveland Free Times)
Five years later, President George Bush and his minions were wrong about the need to fight in Iraq, wrong about the way to fight in Iraq, and wrong about what the war in Iraq would ultimately cost. Original estimates of between $50 to $60 billion were, at best, optimistic guesses.
2008-03-18 07:20:35 -
Vote could increase gas tax (Scottsbluff Star-Herald)
LINCOLN - Nebraska lawmakers Monday hesitated but eventually endorsed a proposal that could trigger a 1.2 cent-pergallon increase in the state gasoline tax.
2008-03-18 07:32:04 -
Stocks Rally as Fed Cuts Key Interest Rate (NYTimes.com via Yahoo! Finance)
The deep rate cut was the sixth reduction in as many months, but investors had been betting heavily that the Fed would cut its key rate a full percentage point.
2008-03-18 07:40:26 -
Even Experts Can?t Grasp This Crisis (New York Times)
Raise your hand if you don?t quite understand this financial crisis. This may not be comforting, but your confusion is shared by many people in the middle of it.
2008-03-18 07:40:33 -
Chamber economist: Slowdown not forever - Visiting speaker not convinced country is in recession (Johnson City Press)
With economic uncertainty reaching a fever pitch nationwide, the U.S. Chamber of Commerce’s top economist visited Johnson City Tuesday with some settling news: The current slowdown may not be a recession, and even if it is, it should be over by the end of the year.
2008-03-18 07:53:34
