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Articles by Tabassum Ali

Pakistani rock star striking a new chord

Salman Ahmad, a guitarist from famous musical band Junoon, brings a new message of peace and respect through his charismatic ability, as moderates and extremists are vying for influence and power in the sub continent region. Resident teacher, at Queens College the city University of New York, his message is beginning to expand beyond Pakistan.

Current U.S. economic outlook mixed

The Federal Open Market Committee held its target for federal fund rate unchanged at 5.25 percent for a sixth straight meeting. The policy statement released in March also indicated the Fed's prime concern of core inflation, which is still above comfort zone of various Fed officials.

 

Sarbanes-Oxley's key regulations under scrutiny

The Sarbanes-Oxley Act (SOX), signed into law by President Bush in 2002, was named one of the most far-reaching reforms in U.S. business history after the Securities Act was passed during FDR's term. The purpose of the act was to restore investors' confidence in the reliability of the financial statements of public companies.


Economy slowly levels off after housing boom

Inflation still remains a chief concern for economists
U.S. economic growth returned to its slowest pace since 2003, reflecting the housing downturn and raising concerns over the economy's direction. Unemployment fell to a five-year low, easing some concerns as job gains in the service sector made up for housing-related losses.
11/20/06


Drain and sewer service changes industry

$49.95 Any Sewer or Drain has made significant strides in recent years to provide quality services at an affordable cost for customers throughout New York City and Long Island. After running successfully for more than 10 years, $49.95 Any Sewer or Drain has changed industry dynamics, forcing imitators and others to bring down the price level, through competitive pricing, a professional work force and high quality standards.
11/13/06

Students praised by Fed governor

By: Tabassum Ali
Fredric Mishkin, New York Federal Reserve Governor, delivered a speech on Globalization on Thursday at Baruch College. His speech was the part of Weissman Center Distinguished Lecture Series. His remarks, although didn't address the monetary policy outlook, were his first since being sworn in as Federal Reserve Governor on September 5th.
10/16/06


Bernake's concerns over faltering housing market

By: Tabassum Ali
At the Federal Reserve Policy Meeting on Sept. 20, the Fed decided to hold interest rates at 5.25% for the second straight meeting, easing concerns on further tightening. The move came after the U.S. economy grew only 2.6% in the second quarter, below economists' expectations.
10/10/06

The "Fed is done" camp

By: Tabassum Ali
United States economic growth showed some moderation in August in the second quarter. Gross domestic product rose 2.5 percent, below economist expectations following by a 5.6 percent growth in first quarter GDP. The economy added 128,000 jobs with an unemployment rate of 4.
9/18/06


Sarbanes rules: changing accounting forever

By: Tabassum Ali
Accountants and auditors help to ensure that the nation's firms are run efficiently, its public records kept accurately, and its taxes paid properly and on time. They perform these vital functions by offering an increasingly wide array of business and accounting services to their clients, including public, management, and government accounting, as well as internal auditing.


Economy booming amid surging gas prices

By: Tabassum Ali
The US economy remains resilient in June amid the rising gasoline prices. Although the gross domestic product increased to 5.3 percent for the first quarter of 2006, the unemployment rate remained unchanged at 4.6 percent, with record investment and healthy balance sheets of US firms.
6/12/06

Business and the politics of oil

By: Tabassum Ali
On election night in 2004, Democratic campaign consultant James Carville asked, "Where did all these Republican voters come from?" Unless Republicans set a new legislative course over the next few months, the Speaker of the House J. Dennis Hastert may soon be wondering, "Where did all the Republican voters go?" With extremely hot topics on the board, the Bush administration will be observed with a fine tooth comb.
5/8/06


America is pushing away money

By: Tabassum Ali
The recent bout of xenophobia aimed at protecting homeland security may end up hurting more than it helps, while also causing irreparable damage to the U.S. economy. By allowing Dubai Ports World to back out of its deal after unrelenting Congressional opposition, I think we are forgetting that the United Arab Emirates is one of our most helpful allies in the war on terrorism.

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