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Business - Economy latest news



Economic Downturn Fuels Coupon Use
The downturn in the economy is fueling a robust trade in coupons. In addition to the traditional coupons that people clip from newspapers and other printed sources, Web sites and blogs offer tips and links to coupons. Some companies are also sending out coupons as text messages.
NPR Tuesday, October 14, 2008

Obama Adds $60 Billion to Economic Plan; McCain Expected to Unveil Proposals Today
TOLEDO, Oct. 13 -- Democrat Barack Obama advocated an immediate and expensive economic assistance package Monday, while Republican John McCain readied a set of specific new proposals of his own, as the candidates entered a three-week sprint toward a presidential election that appears certain to turn...
The Washington Post Tuesday, October 14, 2008

Treasury Invokes Patriotism In Pitch to Bank Executives
The federal government is renewing its attempt to persuade people to give money to banks, and banks to give money to people.
The Washington Post Tuesday, October 14, 2008

At Indian Call Centers, Another View of U.S.
GURGAON, India -- With her flowing, hot-pink Indian suit, jangly silver bangles and perky voice, Bhumika Chaturvedi, 24, doesn't fit the stereotype of a thuggish, heard-it-all-before debt collector. But lately, she has had no problem making American debtors cry.
The Washington Post Tuesday, October 14, 2008

Why it's stimulus time again
Next stop for bailout-happy policymakers? The stressed-out U.S. consumer.
CNN Money Tuesday, October 14, 2008

Signs of life as Libor falls
BRITAIN'S paralysed banking system was last night showing the first tentative signs of creaking back into life, as the cost of borrowing between institutions fell.
Scotsman Tuesday, October 14, 2008

Inflation tipped to be higher but prices show signs of peaking
INFLATION figures released today are expected to show a further rise in the cost of living although experts say they may have reached a peak.
Scotsman Tuesday, October 14, 2008

Concerns raised over Christmas as high street sales fall 1.5%
GROWING financial pressures hit retailers last month with the British Retail Consortium revealing that like-for-like sales fell 1.5 per cent in September.
Scotsman Tuesday, October 14, 2008

Japan not expected to cut rates
The Bank of Japan said it will hold an unscheduled policy board meeting Tuesday night to study recent developments in global markets. The meeting, scheduled for 8:30 p.m. local time (9:30 a.m. EDT), comes as global stock markets have rallied after governments in the U.S. and Europe announced emergency measures to use public money to shore up their banking systems.
CNN Money Tuesday, October 14, 2008

Fed To Follow Europe, Invest In Banks
The Treasury Department is set to announce a plan Tuesday to pump more than $200 billion of new capital into U.S. banks. The package follows similar steps by European governments announced Monday. In both cases, the moves will deepen government roles in the economy.
NPR Tuesday, October 14, 2008

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