rate hikes

Microsoft Unlikely to Boost Rates on Premium Skype Plan

Microsoft has a lot of plans for squeezing profits out of its $8.5 billion acquisition of Internet phone service Skype, but raising the rates on its premium VoIP service is unlikely to be among them, according to industry analysts.

The Fed Is Ready to Act if the Economy Slows

In his second day of testimony, Federal Reserve Chairman Ben Bernanke reasserted the central bank's commitment to act if the the U.S. economy slows substantially or grows too quickly, risking rising inflation.