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Dial 1-800-Philippines for call centers
Often ignored as an economic laggard, the Philippines has beaten India to win the top spot for offshore call center outsourcing. That's amid fresh grumbles in the U.S. over sending jobs abroad. Video
NY Fed buying securities maturing Jul 2010-Apr 2011
NEW YORK, July 9 |
NEW YORK, July 9 (Reuters) - The New York Federal Reserve on Thursday said it was buying Treasuries maturing from July 2010 through April 2011.
The operation, part of the Fed's $300 billion Treasury purchase program to lower borrowing costs, began at 10:15 a.m. (1415 GMT) and will finish at 11 a.m., the New York Fed said. (Reporting by Chris Reese; Editing by Theodore d'Afflisio)
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