TITLE

FROM THE WIRE

PUB. DATE
November 2008
SOURCE
Las Vegas Business Press (10712186);11/3/2008, Vol. 25 Issue 44, p17
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This section offers news briefs on business in the U.S. The Conference Board's confidence index declined to 38, the lowest level on record in October 2008 as a result of a decline in the value of stocks and banks shutting off credit. House prices in several U.S. cities declined in the year ended August 2008. The U.S. Federal Reserve has decided to cut its benchmark interest rate by half a percentage point to 1% in an effort to avert the economic downturn.
ACCESSION #
35217226

 

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