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Why the Bank of England may have just signed free banking
Could Britain's falling base rate, now at another historic low, spell the end of free banking? In a post-credit crunch world, where banks are being urged to return to their traditional business model,...
Big News Network

Jobless Rate Highest in 26 Years
The U.S. jobless rate passed 8% last month, the highest since 1983, and economists say the toll may be heading toward double digits as employers batten down for a sustained drop in consumer demand.
Wall Street Journal

Major Trends in Employment: College Graduates Now Facing Higher Unemployment, U6 Rate now at 14.8, and 4.3 million jobs lost during this Recession.
The BLS has put out its monthly employment report and the data is once again showing weakness in the U.S. employment market...
Mr Swing

U.S. posts worst rate of job loss since 1945
Unemployment increases to 8.1 per cent as work force sheds 651,000 jobs in one month
The Globe and Mail

U.S. jobless rate hits 25-year high
WASHINGTON (Reuters) - The U.S. unemployment rate rose to a 25-year high of 8.1 percent in February as employers, buckling under the strain of a severe recession, axed 651,000 jobs, government data showed on Friday.
Reuters

How the Dow Jones industrials fared Friday
Stocks ended a volatile session mixed Friday after the government reported that employers cut 651,000 jobs last month, and the unemployment rate jumped to 8.1 percent. The government also revised its ...
bignewsnetwork.com

Business in brief: Manufacturers, Robert Walters, Majestic Wine - Times Online
Manufacturers are taking advantage of tumbling inflation to shore up their damaged profit margins, figures from the Office for National Statistics suggest. The price of goods leaving British factories rose at an annual rate of 3.1 per cent in ...
Feed Digest

Abbey to roll out new mortgage deal
UK-based Abbey, a part of the Santander Group, is launching its new two-year mortgage fix at 60% loan-to-value that offers a rate of 2.99%.
Banking Business Review

ICICI Bank cuts home loan rates 25-50 bps
Banks have finally started cutting lending rates with ICICI Bank, the countrys second-largest private sector lender today announcing a 25 to 50 basis point reduction in interest rates on new home loans with immediate effect.
Business Standard

Economix: Ever Closer to 1982 - NY Times: Business
Using a broad measure of unemployment and underemployment, the rate is now 14.8 percent.
NewsRack

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Archived "business - rates" news stories.

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9th of September 2009 - Interview of Feedzilla's founder at the IFA in Berlin. [More]

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