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Lords of Finance offers economic history for dummies

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

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

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

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

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

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

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

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

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

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

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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Frank Proposes TARP Bailout Rules Crackdown

A senior Democrat proposed legislation Friday to tighten the rules of the government's $700-billion financial bailout program and channel a large po[...] read more »
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Managing Through a Crisis: The New Rules

In times of turmoil, opportunities abound. All managers must do is keep their companies afloat, their eyes peeled for openings, and their bearings—as[...] read more »
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Wal-Mart's Not Smiling

The mighty Wal-Mart Stores showed its mortality Thurday as the retailer's December sales fell short of expectations, forcing it to cut its outlook. read more »
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Donald Trump To The Rescue? May Take His Own Gaming Company Private

Donald Trump, the real estate mogul and television personality, is considering whether to rescue his ailing gaming group by taking it private, accord[...] read more »
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