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774-3436
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 mixedThe 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
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.