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US Fed says economy getting stronger
Publish Date : 3/10/2005 7:35:00 PM Source : Business News ExpressNewsline.com
The US Federal Reserve (Fed) claimed on Wednesday that the US economy is increasing at a respectable pace with the employment climate improving in the country. A survey based on information collected on or before Feb. 28 stated that economy is increasing at a moderate pace. Survey said that the retail price didn't increased or increased in a small amount. Unemployment came down as demand for manpower increased in financial services, legal services and freight transportation and distribution. New York and Cleveland noted a "dwindling supply of skilled workers to fill job openings generally.
In their March 22 meeting Fed policy-makers' will use the survey information while deciding their policy for coming months.
To keep inflation and the economy on an even keel, the US Fed has raised the short-term interest rates for six times since the end of last June and US federal fund rate has been increased to 2.5 percent from a 40-year low of 1 percent.
Parents to wed - so children can marry!
Publish Date : 6/1/2005 12:17:00 PM
Twenty years after they eloped, 41-year-old tribal Subhnasha and Rama Bai are all set to tie the knot - to pave the way .....
Boom time for Rajkot watch case manufacturing industry
Publish Date : 3/11/2005 2:02:00 PM
Indian watchmakers are introducing contemporary styles and designs in watch cases to appeal to customer taste and also fight back cheaper Chinese products swamping the markets.
PTV to telecast Indo-Pak series live
Publish Date : 3/11/2005 2:01:00 PM
Pakistan Television (PTV) is telecasting the Indo-Pak cricket series live, Sheikh Rashid Ahmed, Pakistan's Information Minister said yesterday.
Pak's Kashmir minister in London, told to quit
Publish Date : 3/11/2005 2:01:00 PM
Prime Minister Shaukat Aziz has reportedly sought the resignation of the country's Kashmir Affairs Minister, Faisal Saleh Hayat, following the Supreme Court's decision to cancel his bail in the Shah Jewna Textile corruption case.
US Fed says economy getting stronger
Publish Date : 3/10/2005 7:35:00 PM
The US Federal Reserve (Fed) claimed on Wednesday that the US economy is increasing at a respectable pace with the employment climate improving in the country.
Congress to wind up Chattisgarh organisational polls by April 30
Publish Date : 3/10/2005 3:59:00 PM
The Congress party will wind up its organisational elections of Chhattisgarh Pradesh Congress Committee, PCC Executive, AICC members and....
Jammers playing havoc in the chit-chat zone
Publish Date : 3/10/2005 3:30:00 PM
Unsuspecting cellphone-freaks may feel like shutting their phones up now with cellphone jammers selling like hotcakes on the streets of New York.
Manipur's new career option -- woodcrafting
Publish Date : 3/10/2005 2:40:00 PM
With normalcy fast returning to Manipur, the state government is placing great emphasis on reviving the traditional woodcraft industry. It is encouraging the youth in the state to opt for a career in this traditional industry.
Budget largesse for north eastern states
Publish Date : 3/10/2005 2:40:00 PM
The special package given by Union Finance Minister P. Chidambaram to the northeast for the region's all round development has been made with special emphasis on the development of road and rail infrastructure.
Serial blasts rock Assam
Publish Date : 3/10/2005 1:50:00 PM
At least one policeman was killed and four others were wounded Wednesday in a series of explosions in the northeastern state of Assam, officials here said.
Total Results : 30
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