Obama proposes facility to backstop muni market (The Forex Market)
NEW YORK, Jan 8 (Reuters) - President-elect Barack Obama and Vice President Joe Biden are proposing that the Federal Reserve and Treasury create a facility to backstop the municipal bond market as part of their broader plan to revitalize the U.S. economy.
(AFX UK Focus) 2009-01-08 20:39 Obama proposes facility to backstop muni market (Interactive Investor)
NEW YORK, Jan 8 (Reuters) - President-elect Barack Obama and Vice President Joe Biden are proposing that the Federal Reserve and Treasury create a facility to backstop the municipal bond market as part of their broader plan to revitalize the U.S. economy. The facility would be similar to a recently launched program that provides a backstop for the commercial paper market, they said in an outline ...
Making the Leap in Business News (Washington Post)
NEW YORK -- When Liz Claman made the jump from local television to business news a decade ago, she had never heard of Warren Buffett.
Worldwide auto sales to worsen in '09, report says (CTV Toronto)
The global auto industry will see a greater overall decline in sales in 2009 than it did in 2008, says a new report from Scotia Economics.
Bank of England cuts interest rates to all-time low (Guardian Unlimited)
These are now uncharted waters. The Bank of England has been in existence since 1694 but never, not even during the Great Depression of the 1930s, have interest rates been below 2% . Less than six months ago, the Bank's monetary policy committee was fretting about the risk of a wage-price spiral and considered raising borrowing costs. Now there is a sense of desperation as policy ...
No Headline (The Huntington Herald-Dispatch)
BUSINESS PLANNING FOR PROFIT: Business Planning for Profit is a 12-hour course that teaches the steps of starting a profitable business and helps students create an easy-to-implement action plan. This course will cover everything a prospective business owner will need to research, learn, consider and even not do when starting a new business. The text for the course is filled with checklists, ...