WASHINGTON (AP) - The Federal Reserve's decision to slice a keyinterest rate last month to combat the housing slump and creditcrunch was a ``close call,''according to meeting minutes that theboard made public Tuesday.
PHILADELPHIA (AP) - Graco Children's Products Inc. on Tuesdaysaid it's recalling more than 300,000 infant car seats because theypose a possible choking hazard.
MINNEAPOLIS (AP) - Discount retailer Target Corp. said Tuesdaythat third-quarter earnings dipped 4 percent, falling short of WallStreet forecasts, as weak sales in high margin categories held downprofit despite overall revenue growth.
WASHINGTON (AP) - Freddie Mac set aside $1.2 billion in thethird quarter to account for bad home loans and the company posteda $2 billion loss Tuesday amid a worsening mortgage crisis.
DETROIT (AP) - Motor Trend Magazine has named the new CadillacCTS its 2008 car of the year in the United States, saying it isproof that Detroit can build a world-class sedan.
Almost three-quarters of Internet retailers will offer special deals on Cyber Monday to kick off the holiday online shopping season, a National Retail Federation survey out today shows.
SAN FRANCISCO (Reuters) - Hewlett-Packard Co (HPQ.N), the world's largest personal computer maker, on Monday reported a higher quarterly profit as notebook PC sales increased.
TheStreet.com's Jim Cramer is very worried about the housing index and the county's major building companies, and he wonders why the Fed doesn't seem to be. The trouble in the housing market is just one more reason he has for why Bernanke and crew should cut interest rates again.
