Dollar Declines on Speculation U.S. Consumer Confidence Dropped

The dollar had its biggest drop this month against the yen on speculation waning consumer confidence in the U.S. will increase the likelihood for a cut in interest rates by the Federal Reserve in the first quarter.

//www.bloomberg.com/apps/news?pid=20601085&sid=an4JRF0g4CK8&refer=europe



U.S. Recession Ahead, Researcher Forecasts

The United States will slide into a "systemic recession" influenced by high consumer debt and low incomes in 2007, a leading trends researcher predicted.
//tinyurl.com/ycpa7d



Homeowners' losses are others' gains

Profits from defaulted loans are soaring as lawyers, listing agents, property managers, investors and auctioneers get a piece of the pie.

//www.denverpost.com/ci_4900525


From Information Clearing House



//freepage.twoday.net/search?q=dollar+decline

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