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  1. URMC President Urges Caution in Spending (R News)
    www.rnews.com
    Rochester's largest employer is bracing for the worst. Faced with the uncertainty of how state and federal budget cuts will impact Medicaid and Medicare reimbursements, University of Rochester Medical Center CEO Bradford Berk told all employees they must take immediate steps to conserve cash.
  2. Freddie Mac projects slower recovery for housing (Market Watch)
    www.marketwatch.com
    SAN FRANCISCO (MarketWatch) -- Freddie Mac said Monday it had raised its projections for mortgage rates and lowered its forecast for a rebound in home building and sales. The mortgage finance giant that's now owned by the U.S. government said it sees rates on 30-year fixed-rate mortgages holding at 6.2% for the next five quarters. In its October outlook, it had forecast rates would hold at 5.9% ...
  3. (AFX UK Focus) 2008-11-05 21:15 U.S. Treasury balances at Fed fell on Nov. 4 (Interactive Investor)
    www.iii.co.uk
    WASHINGTON, Nov 5 (Reuters) - The U.S. Treasury Department daily budget statement for Nov. 4 released on Wednesday showed U.S. Treasury balances at the Federal Reserve fell. It did not show any equity purchases under the Troubled Asset Relief Program.