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Fed Slashes Interest Rates
2024-12-11 07:07:56| eWEEK Technology News
The U.S. Federal Reserve slashed interest rates by a hefty three-quarters of a percentage point, the biggest rate cut in more than 23 years, in an emergency bid to lend support to a U.S. economy some fear is on the verge of recession.
Category:Information Technology
LATEST NEWS
Lessons From General Motors' Fall from the Top
2024-12-11 07:07:54| Baseline Update
Failure to innovate will cost companies more than just revenue. It has the potential of permanently surrendering market share and perception in consumers.
Category: Information Technology
Apple Execs Get Bonuses, Jobs Still at $1
2024-12-11 07:07:54| Baseline Update
Several senior executives at Apple Inc took home 2007 cash bonuses that doubled their salaries but Chief Executive Steve Jobs maintained his annual pay of $1 and took no additional compensation.
Category: Information Technology