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Articles tagged with: economic condition

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2009 Nissan Versa, the most inexpensive new car in the U.S.

The 2009 Nissan Versa base model was once around $12k, now due to the poor economic conditions the automaker is going to release a cheaper, scaled down version of the Versa. The MSRP? $9,900.
The price is actually really good for a new car, and …

Fed cuts key rate half a point

Today, as expected, the Fed cut the key interest rate to 1%. Some analysts are saying that the Fed won’t stop at 1%, if it needs to, the rate could go lower. A rate below 1% hasn’t been seen since the Eisenhower administration in the …

NBC Universal to cut $500 million from next year’s spending

Things aren’t looking good for a lot of American companies, and NBC Universal is bracing for another difficult year. It plans on cutting what amounts to 3% of its total budget. A memo from CEO Jeff Zucker says that the cuts from the …