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...Federal Reserve cut its benchmark interest rate by 50 basis points to 1% on Wednesday, continuing an aggressive effort to fend off a deep recession. The rate now stands at the lowest level since 2004 - and central bankers signaled that they may resort to more cuts in the months ahead...

Author: /time Magazine | Title: Will the Fed's Rate Cut Help? The Japan Lesson | 10/30/2008 | See Source »

...Federal Reserve announced Wednesday afternoon that it was lowering its target short-term interest rate to 1%. Big deal. Almost everybody was already expecting the half-point rate cut that the Fed delivered, and the actual federal-funds rate (as opposed to the target rate) has mostly been below 1% for the past three weeks anyway. The stock market's reaction? A yawn, as the Dow closed down 74 points...

Author: /time Magazine | Title: What the Fed's New Interest-Rate Cut Really Means | 10/30/2008 | See Source »

...environmentalist. Wear that “Green is the new Crimson” shirt you got for free last Wednesday...

Author: By Malin S. Von euler-hogan, CONTRIBUTING WRITER | Title: 15 List: Halloween Costumes | 10/29/2008 | See Source »

...Rendell's recent prodding, Bill Clinton is campaigning in western and central Pennsylvania on Wednesday. And Rendell himself has been campaigning relentlessly, particularly in the western part of the state, including an appearance with Hillary Clinton last week...

Author: /time Magazine | Title: How McCain Thinks He Can Win Pennsylvania | 10/29/2008 | See Source »

...Last Wednesday, former Vice President Al Gore ’69 stood before a packed Tercentenary Theater and proclaimed: “This is a unique moment in which we have to do something unprecedented in favor of the survival of human civilization.” If the faculty and staff who flanked Gore, the President who introduced him, and the thousands of students who gathered to listen were any indication of the future of Harvard’s sustainability work, then Gore could not be more right. The event, which electrified the Harvard student body with a fervor usually...

Author: By The Crimson Staff | Title: 'Green Is the New Crimson' | 10/27/2008 | See Source »

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