Fed eyed to cut rates as economy slows further
The Federal Reserve looks set to trim rates again this week amid rising fears of a worsening economy. Economists expect a quarter to half point cut, with the fuels of a long low-rate stance cited as support for growth while job losses and consumer weakness raise doubts about a lasting recovery.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Fed
Sherry Cooper
BMO Financial Group
MIU
Gedielsilipsi Recuia
Iraq
David Wyss
Online music sales drop as piracy hurts industry
A ComScore survey finds online sales of recorded music down 25 percent through the third quarter, with a 20 percent decline in the first half to 424 million dollars. Total U.S. music shipments slide seven percent to 5.53 billion, amid rising use of Kazaa and similar networks and pressure on labels to launch fee-based services.
MENTIONED IN THIS ARTICLE
U.S
Kazaa
Morphus
ComScore Networks
Recording Industry Association of America
ComScore
CamScore
RIAA
Jonathan Lamy
Stocks surge before Election Day fuels market rally
The AP reports a Wall Street rally ahead of the election as investors weigh a possible Republican sweep in Tuesday's vote. Dow rose 10.6 percent in October, Nasdaq up 13.3 percent, S&P 500 up 8.7 percent, with analysts noting policy expectations and strong earnings as drivers. Wyeth gained 6 percent despite missing profit forecasts.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Republican Party
Congress
Arthur Hogan
Jefferies & Co
House
Senate
Charles G. Crane
Standard & Poor
Republican Congress
Balance
Dan Ascani
Profits Without Borders
Enron
WorldCom
Microsoft sanctions unravel in Washington politics and luck
A federal appeals court found Microsoft a monopolist, yet last week Judge Colleen Kollar-Kotelly signed a settlement ending the antitrust case with few sanctions. Analysts credit political maneuvering, missed opportunities by opponents, and luck in Washington as key factors shaping the outcome.
MENTIONED IN THIS ARTICLE
Microsoft Corp
Microsoft
Washington, D.C
U.S. District Court
Colleen Kollar-Kotelly
Microsoft faces second antitrust accusation in browser case
The article alleges a second charge that Microsoft is violating the law by attempting to extend its monopoly into the browser market. The focus centers on anti competitive behavior and potential legal ramifications for expanding control beyond its operating systems dominance.
MENTIONED IN THIS ARTICLE
Justice Department
Microsoft
Bill Gates
Gates
Washington
George W. Bush
Netscape Communications Corp
Aol-Time Warner
U.S. Justice Department
Clinton
Justice Departmen
David Bose
Netscape
Sun
Also Mentioned on This Page
Vor’s
Jerry Jasinowski
National Association of Manufacturers
McDonald's
Hinsdale
Ill
Silicon Valley
Gary Reback
Sun Microsystems Inc
Oracle Corp
Reback
Colleen Kollar- Kotelly
Wegun
Guyahoge County
Cee Aes
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