Word: feds
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...China had so much to lose by putting Bush in a corner that U.S. analysts found it hard to figure Beijing's motives. Why would Jiang stake so much on one spy plane? He could have fed the U.S. crew a nice Chinese meal and sent them home, earning all kinds of Western goodwill. Instead, he kept raising the stakes, demanding an apology before anyone had a chance to investigate the incident or debrief the pilots on either side...
AMERICAN BAR ASSOCIATION Bush objects, Your Honor, and ends group's role in vetting fed-judge appointments
ALAN GREENSPAN Wall Street not buoyed by Fed's rate cut. Chief's reputation may prove as vulnerable...
CHARGING AHEAD With $670 billion in credit-card debt, Americans will get some relief in next month's statement. Banks and card companies followed the Fed last week in dropping interest rates for the third time this year. The prime rate for lenders has fallen from 9.5% to 8% since January, saving the average household $60 a year, says CardWeb.com The windfall will reach cardholders with variable rates in May. Those with fixed rates could get a break come summer. --By Julie Rawe...
Credit Cards Follow the Fed and Lower Interest Rates...