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added: 29-09-2008

US economists say there's an increasing chance that the Federal Reserve could make an emergency interest rate cut in the next few days in the wake of the $US700 billion bailout legislation going through to try and boost confidence across the US economy.

Consumers Must Protect Themselves from Bank Failures Now

added: 29-09-2008

Amid the biggest bank failure in history - Washington Mutual - personal finance experts Ken and Daria Dolan are urging people to protect themselves. More than a dozen banks around the country have gone belly up and we can expect more bank failures in the days and weeks ahead, caution the Dolans.

Financial Markets In Panic: Will Domestic Economy Pick Oneself Up?

added: 29-09-2008

The financial market continued to undergo a major fundamental change this week, in at least three major ways. First, short selling of stocks was temporarily suspended. This stopped, at least for a moment, the downward spiral in some financial stock prices.

Employee Tenure in 2008

added: 29-09-2008

The median number of years that wage and salary workers had been with their current employer was 4.1 years in January 2008, little changed from 4.0 years in January 2006, the Bureau of Labor Statistics of the U.S. Department of Labor reported.

A $700B Rescue Plan for the US Economy (and Wall Street)

added: 29-09-2008

"Over the past two weeks, the federal government took unprecedented steps to reshape the U.S. financial system, in an attempt to contain the damage of the crisis now ongoing for more than
one year. Facing troublesome signs of further deterioration in money and credit markets, Treasury Secretary Hank Paulson finally decided to proceed with the boldest move so far: a general bailout of mortgage-related investments," says Adolfo Laurenti, senior economist of Mesirow Financial, in his September issue of Themes on the Global Markets.

Tighter Global Credit Heightens Need for South Asian Bond Market Development

added: 29-09-2008

As global credit markets tighten in the wake of events on Wall Street, the need for Asia, and in particular South Asia, to develop and strengthen domestic bond markets as a source of long term, local capital, has never been more acute.

Environment: New EU Legislation Requiring Collection And Recycling Of Spent Batteries Applies

added: 29-09-2008

Revised EU legislation that aims to protect human health and the environment by ensuring waste batteries are properly collected and recycled applies from 26 September. The directive also makes producers responsible for the management of batteries once they become waste.

Shaking Up Online Shopping

added: 29-09-2008

Increasingly, online consumers want more from the online shopping experience. They expect retail Websites to provide powerful search and navigation, quality product information, simple checkout and cross-channel shopping options—at a minimum.

Survey Finds Benefits Communication Gap Between Employers and Employees

added: 28-09-2008

Nine out of 10 employers think that it is important for their employees to understand and appreciate their benefits, but most employees don't, according to a survey conducted by Colonial Life & Accident Insurance Company.

Americans Extremely Concerned About Internet Privacy

added: 28-09-2008

A poll released by the Consumer Reports National Research Center shows that most Americans are very concerned about what is being done with their personal information online. According to the poll, 82 percent of consumers are concerned about their credit card numbers being stolen online, while 72 percent are concerned that their online behaviors were being tracked and profiled by companies.

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