Forex News and Rumors

Obama to Sign Stimulus Bill Today

By putting pen to paper and signing the stimulus bill in Denver later today, President Barack Obama will sign into law the largest economic bill in generations. The massive $787 billion pumps money into infrastructure projects, health care, renewable energy, and also provides tax relief to working families. More

UK Inflation Falls to 3%

The Consumer Price Inflation (CPI) inflation rate fell to an annual rate of 3 percent for the month of January, down from 3.1 percent for the previous month. In five straight months of declines, inflation in the UK has fallen from 5.2 percent in September 2008 mostly on reductions in energy costs and fuel prices. More

UK House Prices Continue to Fall

The Department for Communities and Local Government released its housing report today showing that house prices in the UK fell by more than 10 percent from the previous year. More

California to Lay-Off 20,000 Workers

After failing to pass a vote to amend California’s budget shortfall, the state says it is now forced to begin laying-off 20,000 government workers. California will also cancel remaining public works projects impacting thousands of private construction workers. More

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