Category: Business News

More signs of Fed discord on rate policy (Reuters)

Reuters – Two top Federal Reserve officials offered conflicting views on interest rates on Thursday, one arguing they should stay low for a long time and another saying a rate hike could be in the cards this year. Yahoo! News: Business News

Eurozone rates increased to 1.25%

European Central Bank increases eurozone interest rates for the first time since 2008 and admits it will be “unwelcome” for weaker economies. BBC News – Business

Not All Will Suffer If The Government Does Shut Down

Free parking and fewer audits. Those would be among the benefits. They wouldn’t minimize the pain for many others, of course. » E-Mail This     » Add to Del.icio.us NPR Topics: News

Markets down after Japan quake (Reuters)

Reuters – U.S. stocks slipped on Thursday after another powerful earthquake hit Japan, renewing concerns about supply disruptions and the country’s ongoing nuclear issue, but markets were off their lows as a number of retailers rallied on strong monthly sales. Yahoo! News: Business News

In The Ocean, It’s ‘Sex, Drugs, And Sea Slime’

In Sex, Drugs, and Sea Slime: The Oceans’ Oddest Creatures and Why They Matter, underwater researcher Ellen Prager describes some of the craziest activities that help ocean creatures stay alive, fight predators, find food and reproduce. » E-Mail This     » Add to Del.icio.us NPR Topics: News

Bank keeps interest rates on hold

UK interest rates stay at a record low of 0.5% as the Bank of England continues to resist calls for a rise to curb inflation. BBC News – Business

Japan parts shortage hits Nissan

Nissan is to suspend production in the UK for three days due to parts shortages caused by the Japan earthquake. BBC News – Business