Inflation falls at record pace to 4.5%

As the value of the pound outside of the UK sinks, it appears that inflation within the country is falling as well. Inflation in th eUk fell at a record pace in October, data released today shows."Inflation tumbled at a record pace in October to 4.5 per cent, down from the...

American 'Meltdown' is the Reason for the Money Injection by Fortis

""Votron stays on after a wave of criticismby our correspondentJune 28, 2008, 09:10 a.m.BRUSSEL/AMSTERDAM (DFT) - Fortis expects a complete breakdown of the American financial markets within days or weeks. This explains, according to the bank insurer, the series of...

U.S. Stocks in for a shock today

This just came in and it doesn't look pretty. "LONDON (AP) -- European and Asian markets tumbled and Wall Street headed for a sharply lower opening Thursday as Carlyle Capital appeared close to collapse, the dollar plunged against foreign currencies and oil hovered near...

House prices fall by 11.4% as Ulster Slows Down

"House prices in Northern Ireland are down by 11.4% compared with the second quarter of the year, it was revealed today. Despite the latest findings from the Nationwide's House Price Survey, the province is still enjoying the highest house price growth in the UK at 42.6% for...

Dow Jones Drops 500 Points

I don't know how much Dick Cheney's incident really has to do with this. China's market roller-coaster is the far more likely culprit."Stock tumbled across the board Tuesday, with the Dow industrials sinking more than 500 points at one point, after declining markets in China...

Is it Super-Hero Week in NYC or What?!

"Julio Gonzalez, 43, and Pedro Nevarez, 40, saw 3-year-old Timothy Addo dangling from a Bronx building on Thursday, police said. The boy had crawled out of a window when his baby sitter briefly took her eyes off of him, police said. "He was hanging on for dear life," Gonzalez...