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House passes $819 billion stimulus bill

Posted by Verna 1215 days ago (http://money.cnn.com)
Category: Economy | Tags: economy finance package
The House on Wednesday evening passed an $819 billion economic stimulus package Wednesday on a party-line vote, despite President Obama's efforts to achieve bipartisan support for the bill. read more »
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Calls for oil at $60-$80 a barrel

Posted by Verna 1215 days ago (http://news.bbc.co.uk)
Category: Economy | Tags: crisis economy finance oil
The price of oil has to rise to between $60 and $80 a barrel to safeguard investments, according to the bosses of oil cartel Opec and top energy firms. read more »
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MARKET SNAPSHOT: Markets Focus On Earnings, Bank-rescue Plan

Posted by Verna 1220 days ago (http://money.cnn.com)
Category: Stocks | Tags: crisis industries market stock
The market will begin the peak period for quarterly earnings reports next week, as evidence grows that the economic pain is being felt across an ever[...] read more »
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Thumbs Up for Geithner in Finance Committee

Posted by Verna 1220 days ago (http://abcnews.go.com)
Category: Economy | Tags: bailout economy recession
Timothy Geithner, President Obama's Turbo Tax-using choice to head the Treasury Department (including the Internal Revenue Service), overcame questi[...] read more »
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Lords of Finance offers economic history for dummies

Posted by Verna 1220 days ago (http://www.chron.com)
Category: Economy | Tags: economy finance frugal money
As the United States and most of the rest of the world struggle through the economic downturn of 2009, Liaquat Ahamed is an unexpected beneficiary. W[...] read more »
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Wage discrimination limits bill clears Senate

Posted by Verna 1221 days ago (http://www.msnbc.msn.com)
Category: Economy | Tags: bill economy senate wage
A wage discrimination bill that heralds the pro-labor policies of the Democratic-controlled Congress and White House cleared the Senate Thursday and [...] read more »
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Housing starts plunge to another record low

Posted by Verna 1221 days ago (http://www.marketwatch.com)
Category: Real Estate | Tags: economy finance real estate
Closing out the third year of the housing bust, construction on new homes took another turn for the worse in December, falling more than 15% to a sea[...] read more »
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Treasury lists 39 'bailed' banks - $1.5B

Posted by Verna 1221 days ago (http://money.cnn.com)
Category: Economy | Tags: bailout banking economy
The U.S. Treasury Department Thursday detailed 39 additional banks that have received a combined $1.5 billion in government funds under its Troubled [...] read more »
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The world will feel China's economic pain

Posted by Verna 1221 days ago (http://www.telegraph.co.uk)
Category: Economy | Tags: china economy recession us world
By opening its society to market forces three decades ago, China entered an era of rapid economic growth with no precedent in human history. When Den[...] read more »
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Ericsson 4Q Net Pft Dips 31%, To Cut 5,000 Jobs

Posted by Verna 1223 days ago (http://online.wsj.com)
Category: Business | Tags: company crisis jobs profit
Shares in Sweden's Telefon AB LM Ericsson (ERIC) rose more than 10% in early trade Wednesday as the company reported better than expected fourth-qua[...] read more »
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US banking shares decline sharply

Posted by Verna 1223 days ago (http://news.bbc.co.uk)
Category: Economy | Tags: banking economy market shares stock
Leading US indexes saw their biggest one-day fall in nearly two months, with banking shares falling sharply amid concerns over the sector's outlook. read more »
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Credit crunch boosts gold trading

Posted by Verna 1232 days ago (http://news.bbc.co.uk)
Category: Economy | Tags: credit crisis economy gold recession
Gold trading enjoyed a bumper year in 2008 as investors sought a safer place to put their cash as the credit crunch hit home. read more »
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Norsk Hydro CEO Reiten quits after 8 years

Posted by Verna 1232 days ago (http://www.marketwatch.com)
Category: Entrepreneurship | Tags: business company crisis news
Reiten will be succeeded by Svein Richard Brandtzaeg, 51, who heads up the aluminum-products area. read more »
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2008 Job Losses: Bad News, But Hardly 1945

Posted by Verna 1234 days ago (http://www.businessweek.com)
Category: Economy | Tags: crisis economy job loss unemployment
The U.S. is in the grip of a bad recession, but let's not scare ourselves silly by making things seem worse than they really are. Headlines blared [...] read more »
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Banks want the old bailout back

Posted by Verna 1234 days ago (http://money.cnn.com)
Category: Economy | Tags: bailout banking economy
Two months after Treasury Secretary Henry Paulson pulled the plug on his plan to buy troubled mortgage assets, the financial industry is pushing the [...] read more »
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