Tuesday, November 20, 2007
New Fed forecast sees slower '08, rise in jobless rate
DJIA
13,010
+51.70
S&P
1,439
+6.43
NASDAQ
2,596
+3.43
10Yr
4.05%
-0.025
New Fed forecast sees slower '08, rise in jobless rate
WASHINGTON
Expanded economic forecasts released for the first time by the Federal
Reserve on Tuesday projected slower growth in the U.S. economy next
year, a tick-up in the unemployment rate and tame inflation.
H-P profit gain boosts shares
NEW YORK
Hewlett-Packard Co. on Monday reported a 28% rise in its fourth-quarter
earnings as the computing and printing giant saw growth across all its
main business areas, leading to revenue of $28.3 billion.
'Conditions' should be right for getting free online shipping
CHICAGO
Online purchasing will once again be a hot button for consumers wanting
to avoid the crowds or shop early this holiday. According to the
National Retail Association, the most popular shipping promotions will
be free shipping with conditions, which will be offered by nearly 79% of
major retailers.
