Fed Cuts Interest Rate
The Fed announced its cutting its interest rates down to a single point from one and a half percent. The new rate will be the lowest since 2004. It’s primary objectives are to increase the sinking consumer confidence levels and help battle high unemployment levels.
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Ted Stevens: Guilty On All Counts
After three weeks of trial and only a week before the Alaska Senator is up for re-election Ted Stevens was found guilty on all counts of violating state ethics laws. While it is unlikely the Senate will pass a two thirds initiative
