Fed Sharply Lowers Forecasts, Signals Another Rate Cut Coming- AP
The Federal Reserve on Wednesday sharply lowered its projections for economic activity this year and next, and signaled that additional interest rate reductions may be needed to help combat the worst financial crisis to jolt the country in more than a half-century.
* Stocks sink as fate of automakers hangs in balance- AP
* Democrats seek to lower expectations for bailout- AP
* No auto bailout? Investors may just say 'no problem'- CNBC
* Ballmer dismisses Yahoo buyout but open on search- AP
* Oil prices fall below $54 a barrel, down 60% in 4 months- AP
* US home construction sinks to new record low- AP
* Consumer prices drop record 1 percent in October- AP
* e-Commerce Growth Screeches to a Halt- Tech Ticker
* Automaker Bailout Hits Major Pothole- Tech Ticker
Wednesday, November 19, 2008
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