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  1. How the Fed's lower rate affects consumers (Modesto Bee)
    Last month, the Federal Reserve cut interests rates for the sixth time this year in its efforts to restrain the credit crisis. The move that reduced the rate to 1 percent was a shot in the arm for Wall Street, which was up 10.1 percent last week. But what have all these cuts meant for the average consumer?
  2. (AFX UK Focus) 2008-11-07 15:37 UPDATE 1-MPC files for bankruptcy protection (Interactive Investor)
    NEW YORK, Nov 7 (Reuters) - MPC Corp, a seller of personal computers, filed for Chapter 11 bankruptcy protection on Friday, saying that unforeseen issues at integrating an acquisition and other manufacturing changes caused extensive losses. The company, based in Nampa, Idaho, said that it evaluated strategic alternatives before deciding to file. Its stock and warrants were delisted from the New ...

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