Goobix

Online Games   News   Soccer   Photos and Images

Goobix News displays new and popular news online. Goobix News learns what's popular based on the number of votes received by each news, or due to your submissions.

Search in the news collection:

Fed cuts interest rate Economy
score: +1
score: -1
score: 2, Economy, 2008-10-29 21:00:45, published by CNN
The Federal Reserve cut a key short-term interest rate by a half-percentage point today, dropping the federal funds rate from 1.5 percent to 1 percent. The Fed also expressed continued worries about the damage being done to the economy by the ongoing crisis in the financial and credit markets. [additional details]