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    While you were sleeping: Fed to keep rates low
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    Stocks rose, Treasuries rallied and the greenback fell. "Household spending appears to be expanding, but remains constrained by ongoing job losses, sluggish income growth, lower housing wealth and tight credit" the Federal Open Market Committee said in a statement in Washington. Full Article at Scoop - New Zealand News
    Household spending appears to be expanding, but remains constrained by ongoing job losses, sluggish income growth, lower housing wealth and tight credit
    SOURCE: Scoop - New Zealand News 1 month ago
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While you were sleeping: Fed to keep rates low
  1. This transaction will decrease the liquidity and capital adequacy of the insurance operations
    SOURCE: Scoop - New Zealand News 1 month ago

Recent Photos From The Wire

  1. Office rush hour traffic moves at a slow pace in a commercial area in Gurgaon, India, Tuesday, Dec. 8, 2009. India's auto sales surged 71.9 percent in November from a year earlier to 207,500 vehicles, thanks to poor sales this time last year and robust consumer spending.
  2. Office rush hour traffic moves on the National Highway 8, in New Delhi, India, Tuesday, Dec. 8, 2009. India's auto sales surged 71.9 percent in November from a year earlier to 207,500 vehicles, thanks to poor sales this time last year and robust consumer spending.
  3. Iranian Foreign Minister Manouchehr Mottaki, center right, gestures as he arrives with his Emirati counterpart Sheik Abdullah bin Zayed al-Nahyan, center left, prior to their talks at the Iranian foreign ministry, in Tehran, Tuesday, Dec. 8, 2009.
  4. BERLIN - DECEMBER 08: Actress Sigourney Weaver arrives for a photocall to promote the film 'Avatar' at Hotel de Rome on December 8, 2009 in Berlin, Germany.
  5. BERLIN - DECEMBER 08: Director James Cameron attends a photocall to promote the film 'Avatar' at Hotel de Rome on December 8, 2009 in Berlin, Germany.
  6. BERLIN - DECEMBER 08: Director James Cameron attends a photocall to promote the film 'Avatar' at Hotel de Rome on December 8, 2009 in Berlin, Germany.
  7. Jewish settlers hold banners near burning tyres at the entrance to the West Bank Jewish settlement of Shaarei Tikva December 8, 2009. The settlers were protesting a government moratorium on new housing projects in West Bank settlements and the arrival of inspectors there to enforce it. The banners read in Hebrew "No entry for Bibi's freeze inspectors", referring to Israel's Prime Minister Benjamin Netanyahu by his nickname.
  8. EDITORS' NOTE: Reuters and other foreign media are subject to Iranian restrictions on their ability to film or take pictures in Tehran. United Arab Emirates' Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan (L) looks at his Iranian counterpart Manouchehr Mottaki during a meeting in Tehran December 8, 2009.
  9. Iranian Foreign Minister Manouchehr Mottaki, right, and his Emirati counterpart Sheik Abdullah bin Zayed al-Nahyan, arrive for their talks at the Iranian foreign ministry, in Tehran, Iran, Tuesday, Dec. 8, 2009.
  10. A general view shows the site of a bomb attack in Baghdad, December 8, 2009. Car bombs killed at least 112 people in the heart of the Iraqi capital on Tuesday, striking government buildings, despite a security crackdown after recent high-profile attacks. A suicide car bomber detonated himself in the car park of a courthouse, after getting through a checkpoint, police said.
  11. Two boys react as the coffin of Acting Sergeant John Amer, the 99th British solider killed in Afghanistan this year, is driven through the streets of Wootton Bassett after his repatriation ceremony at RAF Lyneham, southwest England, December 8, 2009.
  12. Sri Lankan cricket team captain Kumar Sangakkara throws a ball during a practice session in Nagpur, India, Tuesday, Dec. 8, 2009. India and Sri Lanka will play first Twenty20 match on Wednesday.
  13. BERLIN - DECEMBER 08: Actress Sigourney Weaver and producer James Cameron attend a photocall to promote the film 'Avatar' at Hotel de Rome on December 8, 2009 in Berlin, Germany.
  14. Residents transfer wounded people from the site of a bomb attack in Baghdad, December 8, 2009. Car bombs killed at least 112 people in the heart of the Iraqi capital on Tuesday, striking government buildings, despite a security crackdown after recent high-profile attacks. A suicide car bomber detonated himself in the car park of a courthouse, after getting through a checkpoint, police said.
  15. Two boys react as the coffin of Acting Sergeant John Amer, the 99th British solider killed in Afghanistan this year, is driven through the streets of Wootton Bassett after his repatriation ceremony at RAF Lyneham, southwest England, December 8, 2009.
  16. BERLIN - DECEMBER 08: Actress Sigourney Weaver attends a photocall to promote the film 'Avatar' at Hotel de Rome on December 8, 2009 in Berlin, Germany.
  17. BERLIN - DECEMBER 08: Actress Sigourney Weaver and producer James Cameron attend a photocall to promote the film 'Avatar' at Hotel de Rome on December 8, 2009 in Berlin, Germany.
  18. Sri Lanka's Mahela Jayawardene prepares to catch a ball during a practice session in Nagpur, India, Tuesday, Dec. 8, 2009. India and Sri Lanka will play first Twenty20 match on Wednesday.