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Archive for 'technology'

A GM Chapter 11 might not be ‘doom and gloom’

May 24, 2009

DETROIT — With General Motors’ long-anticipated day of reckoning a little more than a week away, nearly all signs are pointing to the wounded […]

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Self-employment: The ‘do-it-yourself recovery’

May 11, 2009

Michael Schiel knows first-hand the risks and rewards of self-employment.
After a decade working as a senior manager at KPMG LLP, the 38-year-old voluntarily left the […]

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BoE increases QE program, leaves rates on hold

May 8, 2009

The Bank of England said on Thursday it would increase the size of its asset purchase program by 50 billion pounds to 125 billion […]

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Credit Suisse flies above forecast on big trading gain

April 24, 2009

Credit Suisse’s first-quarter net profit far exceeded forecasts thanks to surprisingly robust trading gains and healthy rich client inflows, making it upbeat about its […]

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Bernanke Caps Treasury Yields to Cut Consumer Borrowing Rates

March 19, 2009

Federal Reserve Chairman Ben S. Bernanke may have brought an end to the worst quarterly start for Treasuries since 1980 by establishing a ceiling […]

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Italy’s Inflation Slows as Recession Deepens, Energy Costs Fall

January 6, 2009

Italy’s inflation rate fell to the lowest in 14 months as energy costs plummeted and the recession made it harder for retailers to raise […]

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Concessions loom for auto workers

December 23, 2008

The federal and Ontario governments increased the pressure on thousands of auto workers at General Motors, Chrysler, Ford and scores of suppliers yesterday to accept […]

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Philippines Refrains From Cutting Interest Rate to Support Peso

November 21, 2008

The Philippine central bank kept its benchmark interest rate unchanged for a second month on concern a cut in borrowing costs would weaken the […]

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Gasoline prices continue to slide

November 7, 2008

Five years ago, drivers here would have been horrified by $2 a gallon gasoline. These days, they might feel fortunate.
The current economic malaise […]

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Fed begins business lending program

October 29, 2008

The Federal Reserve started buying so-called commercial paper on Monday to jumpstart a critical but faltering lending market used by banks and big businesses.
To […]

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