Archive for July, 2008

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Tomato Scare Has Shoppers Changing Habits

Friday, July 18th, 2008

Nearly half of Americans are concerned about eating contaminated food and are avoiding items they normally would buy, a new poll says.

Taste Tests Show Generics Match Name Brands

Thursday, July 17th, 2008

Can kids tell the difference between name brand foods and generic items? The experts say it’s a matter of spice.

Regulators Raid Wachovia HQ In St. Louis

Thursday, July 17th, 2008

Securities regulators raid the St. Louis headquarters of Wachovia Securities, seeking documents and records on the company’s sales practices.

Pilots Accuse Airline Of Pressure To Cut Fuel

Thursday, July 17th, 2008

The US Airways pilots union is accusing the airline of pressuring pilots to use less fuel than they feel is safe in order to save money.

Bernanke Says Freddie, Fannie Still Alive

Wednesday, July 16th, 2008

Fed Chairman Ben Bernanke says mortgage giants Freddie Mac and Fannie Mae are not on their last leg.

More People Borrowing From Retirement Stash

Wednesday, July 16th, 2008

A new study shows that more people are dipping into their retirement savings to cover difficult financial times.

Energy Costs Send Consumer Prices Soaring

Wednesday, July 16th, 2008

U.S. consumer prices grow at the second strongest pace in 26 years in June, the Labor Department says Wednesday.

Fuel Prices Shut Down ExpressJet

Wednesday, July 16th, 2008

ExpressJet airlines has announced that it will shut down branded flights in September due to high gas prices.

Federal Banking and Thrift Agencies Issue Final Guidance on Supervisory Review Process

Tuesday, July 15th, 2008

The federal banking and thrift agencies today issued final guidance outlining the supervisory review process for banking organizations implementing the new advanced capital adequacy framework known as Basel II.  The final guidance relating to supervisory review is aimed at helping banking organizations meet certain qualification requirements in the advanced approaches rule, which took effect April […]

Bernanke: Fed Faces ‘Significant Challenges’

Tuesday, July 15th, 2008

Federal Reserve Chairman Ben Bernanke tells Congress that the economy is facing “numerous difficulties.”

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