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  • Federal Reserve Cut of Key Interest Rate Sends Stocks...
    By on December 17, 2008 | No Comments  Comments
    Tuesday the stock market began with some modest gains, including a 1% increase for the Dow Jones, and several stocks rallying after Monday’s losses.  Nearing the close of the stock market, in an unprecedented move, the Federal Reserve announced that it had cut its key interest rate to 0-0.25%, do...
  • Rates drop again, but you still can’t get credi...
    By on October 17, 2008 | 1 Comment1 Comment  Comments
    You can afford it, but you still can’t have it. NEW YORK – Bank-to-bank lending rates eased further Friday and demand for Treasury bills let up slightly, but there are still signs the companies that need credit most might not be able to get it. Corporate bonds are being issued at the wea...

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