(RTTNews) - Inflation of India's rate of annual food prices, as measured by the wholesale price index, or WPI, for the week ended July 17 dropped to a single-digit of 9.67 per cent for the first time this year, after staying at 10 per cent for the fourteenth continuous months. [read more]

Brazilian traders are betting central bank President Henrique Meirelles will end increases in borrowing costs too soon to keep inflation in check. [read more]

Accra, July 28, GNA - The Annual Producer Price Index (PPI) went up by 3.28 percentage points in June, bringing the respective yearly change between June 2009 and June 2010 to 19.42, down from 16.14 per cent. [read more]

City officials set the 2010 mill rate this week, dropping it from $24.70 per $1,000 valuation to $23.40 per $1000. [read more]

Kenyas central bank unexpectedly cut its benchmark interest rate by 0.75 percentage points, bringing further pressure to bear on the countrys commercial lenders to make even deeper reductions to their lending rates. [read more]

Borrowers will be spared an interest rate rise on Tuesday and it & #39;s unlikely that there will be another rate rise until the end of the year. [read more]

Memphis foreclosure rate declines, according to RealtyTrac. [read more]

Though the economy is still reeling after a few rough years, the 2009-10 Annual Giving campaign raised $48,582,819, the third highest total since its establishment in 1940. Surpassing this years initial goal of $46 million, the total was almost $4 million more than the $44.6 million raised during last years campaign. Undergraduate alumni participation also exceeded the 60 percent mark for the ... [read more]

Economic growth likely slowed in the second quarter as a capital investment drive by businesses was sated by imports and consumer spending tapered off, a government report is expected to show on Friday. [read more]

New Zealands central bank raised its benchmark interest rate for a second month to control inflation, and said that the pace of future increases is likely to be slower than it previously indicated. [read more]

One of the nation's last sources of zero down financing for home loans appears to be making a comeback. [read more]

The average on a 30-year loan drops to 4.54%, while 15-year mortgages are down to 4%, Freddie Mac reports. This marks the sixth straight week of record lows. The Gershwin standard is "Nice Work If You Can Get It." The refrain in today's housing market would be: nice loans if you can get them. [read more]

WASHINGTON In an unusual move, the president of the Federal Reserve Bank of St. Louis released a paper Thursday warning that the Fed's policy of keeping interest rates near zero during the economic crisis may lead to Japanese-like deflation in coming years. [read more]

On the outside of its majestic headquarters in Washington, across the park from the White House, the U.S. Chamber of Commerce recently hung four giant banners that spell out exactly what it thinks is missing from the current economy: J-O-B-S. Work - Labor Movement - Law - Occupational safety and health - Government Agencies [read more]

BOJ FOCUS-BOJ to opt for minor steps, shun quantitative easing [read more]

U.S. corporate bond sales soared 31 percent this month, the busiest July on record, as yields fell to the lowest in more than six years on growing investor confidence in the economic recovery. [read more]

What started as a blessing for big lenders is becoming a burden as profit margins shrink [read more]

WASHINGTON -- In an unusual move, the president of the Federal Reserve Bank of St. Louis released a paper Thursday warning that the Fed's policy of keeping interest rates near zero during the economic crisis may lead to Japanese-like deflation in coming years. read more [read more]

Pacific Investment Management Co.s Bill Gross said deficit spending by governments that seek to maintain artificial levels of consumption can be compared to flushing money down an economic toilet. [read more]

ALBUQUERQUE, N.M.--(BUSINESS WIRE)--First State Bancorporation: OVERVIEW: Loans decreased $135.6 million. Deposits excluding brokered increased $24.3 million. Brokered deposits including CDARS reciprocal decreased $65.8 million. Net interest margin increased to 2.67% for the quarter. Total non-performing loans decreased $17.4 million. Liquidity increased $41 million since March 31, 2010 and $332 ... [read more]