Yahoo! News: Top Stories:
Reuters - Mortgage applications surged to the highest level in over five years in the latest week, as potential borrowers came out in droves to refinance as government interventions helped push interest rates down to record lows, data from an industry group showed on Wednesday. (Read More)
Submitted by Infodiva:
The European Union's new Europeana digital library reopened on Tuesday after crashing within hours of its launch last month due to surging interest.European Commission spokesman Martin Selmayr said the website was working after its server capacity had been quadrupled and it had been stress-tested to deal with user interest. (Read More)
Submitted by Infodiva:
The epic election that made Barack Obama the first African-American president was the top news story of 2008 — followed closely by the economic meltdown that will test his leadership, according to U.S. editors and news directors voting in The Associated Press' annual poll.The campaign, with subplots emerging throughout the (Read More)
Yahoo! News: Top Stories:
Reuters - The IMF cautiously forecast a U.S. recovery by early 2010 and a British central banker said on Thursday UK interest rates could hit zero, a level Japan's are forecast to drop closer to this week. (Read More)
Submitted by Infodiva:
he Fed has hacked the Fed Funds rate by 75 basis points to 0.250%, the lowest target Fed rate ever. Informa Research Services advises consumers on how to keep their financial spirits high even in this bah-humbug economy.However, the real issue to watch is what the Fed will be doing in the coming months and years to combat t (Read More)
Yahoo! News: Top Stories:
AFP - Asian share markets were mostly up on Wednesday but gains were limited as the US Federal Reserve's decision to slash interest rates effectively to zero failed to calm worries about the US economy. (Read More)
Submitted by Eemorningwood
from Google Reader:
Reuters - The U.S. credit card industry, harshly criticized for imposing surprise fees and interest rate hikes on consumers, may face a day of reckoning on Thursday.. (Read More)
Yahoo! News: Top Stories:
AP - John McCain paid a lighthearted visit to David Letterman on Thursday, joking: "I don't want to talk about the bleeping campaign." The former GOP presidential candidate also praised President-elect Barack Obama for some of his staff choices, including Secretary of State-designate Hillary Rodham Clinton, and shared Lette (Read More)