Business

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BBC

Fed boss says 2008 outlook worse

BBC — ?
Federal Reserve chief Ben Bernanke has said that the outlook for the US economy in 2008 has worsened.

BBC

Cisco profit up but stock falls

BBC — ?
Computer network equipment maker Cisco Systems' profit has jumped 37%, but its shares fell sharply amid fears that US firms are cutting network spending.
Cisco warns future is less bright — BBC

BBC

Heavy discounts lure US shoppers

BBC — ?
US consumers headed to the shops in November, pushing up spending by the largest amount in three-and-a-half years, official data has shown.

BBC

Who knows why oil prices are so high?

BBC — ?
On Wednesday, oil prices in New York set a new record trading high of $101.32 a barrel, ending the day at a record close of $100.74.

BBC

Goldman Sachs sees US recession

BBC — ?
The investment bank Goldman Sachs has predicted that the US economy will go into recession in 2008.

BBC

US prices jump most in two years

BBC — ?
US inflation rose at its fastest pace in two years during November, spurred on by higher energy prices, according to figures from the Labor Department.

BBC

What is it like being an oil trader?

BBC — ?
The most popular software among oil traders is not an oil trading package or even a news service such as Reuters - it is Yahoo Instant Messenger.

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