The Fed's Move: More Than a Symbolic Gesture (BusinessWeek Online via Yahoo! Asia News)
All this momentum seems to indicate consumers can leave the house with a credit card and never have to even worry about putting cash in their wallets or swinging by an ATM. But some experts suggest that it is too early for consumers to ditch greenbacks altogether.
The Fed's Move: More Than a Symbolic Gesture (BusinessWeek Online via Yahoo! Asia News)
S&P says the discount-rate cut has reduced the risk that the credit crunch could send the economy into a downward spiral
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Zaio Closes Planned Acquisition of Virtual Imaging Corp. (CNW Group via Yahoo! Finance)
Zaio Corporation announced today that its wholly owned USA subsidiary, Zaio Inc., has closed its planned acquisition of the assets of Chicago, Illinois based Virtual Imaging Corporation .
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Hybrids going mainstream (Bankrate.com via Yahoo! Finance)
After seven years on the U.S. auto market, hybrid gas-electric vehicles have gone from being merely an environmentalist's political statement to a legitimate option for mainstream car buyers.
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What Kind of Credit Protection is Right for You? (The Bradford Era)
(ARA) - Credit protection experts and the federal government urge consumers to be pro-active in preventing identity theft. But the barrage of information about the issue may leave you unsure of how best to protect yourself, and your family, before you become victims.
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Full Text: China's food quality and safety (China Economic Net)
The Information Office of the State Council published a white paper titled "China's food quality and safety" here Friday. Following is the full text: The quality and safety of food is a major benchmark of the economic development and people's living conditions of a country.
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Full Text: White Paper on Food Quality and Safety (China Daily)
The State Council Information Office published on Friday a white paper entitled The Quality and Safety of Food in China . The document, composed of five chapters, describes the Chinese government's efforts in enhancing the level of food quality and improving the situation of food safety over the past years.
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US stock futures add to declines as CPI rises (ABS-CBNNEWS.com)
NEW YORK - Stock index futures fell further on Wednesday after data showed a pick-up in inflation last month, suggesting that the Federal Reserve may not have much leeway to cut interest rates in the face of mounting credit problems.
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Net foreign selling of RP stocks P535.2M on Aug 15 (ABS-CBNNEWS.com)
Foreigners sold P535.22 million worth of Philippine stocks on Wednesday, as investors fled riskier markets as concerns about credit conditions in the US continued to grow.
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Philippine stocks down over 3% in mid-trade (ABS-CBNNEWS.com)
Philippine stocks were sharply lower in mid-trade on Wednesday, in line with sliding global equities, concerns about credit conditions in the US continued to grow.
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Dollar remittances $1.1B in June (ABS-CBNNEWS.com)
Dollar remittances from Filipinos working overseas totaled $1.1 billion in June, bringing the level in the first six months of the year to $7.03 billion, up 18 percent from a year earlier.
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The Fed's Move: More Than a Symbolic Gesture (BusinessWeek Online via Yahoo! Asia News)
The Fed recommend that the preventative steps consumers need to take with payment methods to battle fraud should take into account both the sources of fraud and "the ease of resolution based on the payment type."
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