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New GDP Numbers Strongest Signal Yet The Country Has "Hurtled Into Recession"

Posted by zaibatsu 373 days ago, popular 372 days ago (http://www.huffingtonpost.com)
Category: Economy | Tags: economy gdp recession
A day after the Federal Reserve slashed a key interest rate to battle an economic downturn, the government reported Thursday the economy did shrink i[...] read more »
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Wall Street Layoffs Could Surge Past 200,000

Posted by zaibatsu 379 days ago, popular 379 days ago (http://www.huffingtonpost.com)
Category: Economy | Tags: economy finance financial crisis jobs
The fallout from this year's global credit crisis has claimed jobs on all corners of Wall Street, from hedge fund managers to floor traders and beyo[...] read more »
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Spending Surge On Financial System Pushing Deficit Towards $1 Trillion

Posted by zaibatsu 385 days ago, popular 384 days ago (http://www.huffingtonpost.com)
Category: Economy | Tags: bailout deficit economy
Congressional leaders and both presidential candidates are proposing billions of dollars in tax breaks and other measures to stoke economic growth, a[...] read more »
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The Nikkei index down more than 10 percent

Posted by zaibatsu 387 days ago, popular 387 days ago (http://biz.yahoo.com)
Category: Stocks | Tags: economy nikkei stocks
Japan's key stock index has plunged more than 10 percent in early trading following another dive on Wall Street.
The benchmark Nikkei 225 stock ave[...] read more »
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Google, Yahoo Seek to Avoid Antitrust Suit Over Ad Deal

Posted by zaibatsu 388 days ago, popular 388 days ago (http://online.wsj.com)
Category: Tech | Tags: ads antitrust competition yahoo
Advertisers have told Justice Department officials that the partnership will limit competition, raise prices and reduce choices. read more »
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Sorry Kids, but stocks are going to nosedive tomorrow

Posted by zaibatsu 388 days ago, popular 388 days ago (http://www.bloomberg.com)
Category: Stocks
Asian stocks declined, a day after the region's benchmark index rallied the most in a decade, as concern earnings will deteriorate overshadowed a $2[...] read more »
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Bush: Partial Nationalization Not An Abandonment of Free Market

Posted by zaibatsu 389 days ago, popular 389 days ago (http://www.washingtonpost.com)
Category: Economy | Tags: bailout banking bush credit economy
President Bush said this morning that the administration's "unprecedented and aggressive" plan to partly nationalize nine major banks was an "ess[...] read more »
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