Quiet commute

Article Abstract:

According to a report from the US Bureau of the Census, 9 out of 10 people prefer to drive to work, 77% drive alone and 4.7 % use public transportation. The 2.9 million of the the country's 6.2 milllion users of public transportation are found in Baltimore, Boston, Chicago, Houston, Los Angeles, New York, Philadelphia, San Francisco, Seattle, and Washington. Los Angeles and Houston have lower rates of public transportation use, having rates of 10.3% and 5.1% respectively, compared to other smaller cities like Minneapolis (12.5%); Oakland, California (16.5%); Portland, Oregon (13.3%); and Seattle (17%).

Regulation and Administration of Transportation Programs, Transportation Programs-Total Govt, Mass Transit Programs, Usage, Public transportation, Commuting

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The Fed steps in to calm the markets

Article Abstract:

The Federal Reserve reduced its discount rate by 50 basis points, to 5.75% on August 17, 2007. According to the Standard and Poor's Investment Policy Committee, investors should take a careful approach towards the market in the forthcoming weeks, and warns that the Federal Reserve's reduction does not imply that the housing and subprime turmoil has already passed.

United States. Federal Reserve Board, Powers and duties, Federal funds market (United States), Discount rates

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Let your winners ride, but cut your losers short

Article Abstract:

A ranking of 10 best industries in 2005 and 2006 based on changes in their share prices is presented.

Stocks, Stock prices, Industry overview

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