Financial news on July 15, 2006
Business and Financial news
By Bloomberg News. Read more..
The first interest rate increase in six years is seen as a long-awaited signal that Japan’s $4.6 trillion economy is getting back on track. Read more..
As a large portion of adjustable rates move up next year, homeowners who opted for exotic mortgages could find their payments doubled. Read more..
REPORTS of a looming labor shortage — created by tens of millions of baby boomers retiring over the next decade or so — may be premature. Read more..
Sara Lee Branded Apparel, the maker of Playtex, Bali and Hanes, is testing a new strategy: leave the supermodels out of the advertisements. Read more..
They say money and sex are the two biggest causes of marital conflict; I’d like to add home renovations to the list. Read more..
Rosneft, the Russian state oil company, raised $10.4 billion Friday from the sixth-largest initial public offering in corporate history. Read more..
At age 54, I was in pursuit of my lost youth — and I wasn’t alone, dude. Read more..
The Columbia Journalism Review's blog section, the Audit, has been the subject of withering attacks from rival bloggers that culminated into an online flame war. Read more..
Several national retailers are leaping into the intimate apparel business for the first time or significantly expanding their presence in it. Read more..