Interest rates hit all-time low

The Bank of England cuts rates to 1.5%, the lowest level in its 315-year history, as it continues efforts to help the economy.
Madoff 'had cheques ready to go'

Bernard Madoff had $173m in cheques in his office desk, ready to send out at the time of his arrest, US prosecutors say.
US firm in talks to buy Wedgwood

A US private equity firm is in advanced talks to buy most of iconic china firm Waterford Wedgwood.

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Work From Home., Money & Employment

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Australia, New Zealand Dollars Drop on Commodities, U.S. Jobs - Bloomberg

Jan. 8 (Bloomberg) -- The Australian and New Zealand currencies fell, snapping three days of gains versus the U.S. dollar, as prices of commodities that make up more than half the nations’ exports declined the most in three months. The currencies ...
Building industry faces layoffs after sharp drop in new housing ... - News.com.au

Layoffs looming ... a shock 13 per cent fall in plans for new housing means tough times ahead for the construction industry. New home approvals fall 13 per cent Deep interest rate cuts can't stop slide Construction industry braces for layoffs MASS ...
Refinancing suddenly booms - Honolulu Advertiser

Historically low interest rates recently have sparked a mortgage refinance boom in Hawai'i that is helping homeowners and lenders during difficult economic times. The national average interest on a 30-year fixed-rate mortgage last week dropped to 5 ...

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Bailout on Ice

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