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Chrysler CEO: Industry Ripe For Mergers

Chrysler LLC Chief Executive Bob Nardelli said Thursday that a steep decline in U.S. auto sales has created an environment for industry consolidation[...] read more »
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GM to lay off 1,500 hourly workers as demand slows

If things aren't bad enough already, GM is laying off 1500 hourly workers. I wonder if they're using what they'll save to buy out Chrysler. read more »
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States act for renters caught in foreclosure trap

Tita Mendoza and her husband moved into their Miami Beach condo in June and have been dutifully paying the $1,800 rent on time every month. And yet, [...] read more »
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"Joe the Plumber" Don't complain about taxes if you don't pay taxes.

Joe the Plumber wants to buy a plumbing business, unfortunately he still owes money in back taxes. [...] read more »
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The 401K Proposal

The proposal by the candidates of taking money out of a retirement fund to meet present obligations is plain stupid. Here is a lesson based upon exp[...] read more »
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Builders losing key financing trick

New report suggests homebuilders will lose significant sales with loss of no-money-down financing scheme. read more »
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4 Areas Where Bernanke Is In A Crisis

There are four areas which Bernanke needs to navigate, seemingly on his own according to this article. read more »
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Yahoo Cracks $12, Valuation Now Officially Ridiculous

The stock just slipped below $12, which means the enterprise value is $14 billion (enterprise value is the value of the business itself, after you ne[...] read more »
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Financial crisis: Downturn shows we were too slow to fix world's debt addiction

Imagine a hospital where doctors try as hard as they can to ignore a patient’s symptoms. read more »
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What Goes Into the Price of Gas?

This article contains a graphical breakdown of what goes into the price of gas and how it's changed over recent years. read more »
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Fed's Bullard says recession risk has risen

St. Louis Federal Reserve President James Bullard said on Wednesday that recent gloomy economic news has raised risks the U.S. economy will suffer a[...] read more »
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Why Cramer Should Be Suspended

Financial advisors across the nation have been trying to clean up the mess that Jim Cramer made. We had clients crying because of the panic he create[...] read more »
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Recession Anxiety Hits Stocks: Oil drops to $75 and the Dow dives 500 pts

After somewhat optimistic gains yesterday, the markets again slid into turmoil after economic analysis further confirmed the fears of investors that [...] read more »
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3 Ways to instantly cut your budget

In todays economic situation we are all looking for ways to cut our budget, some quick and easy ways to reduce your outgoings. read more »
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JP Morgan's Profit Crushed

JP Morgan announced that its was down 82%. read more »
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