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Ex-Fed Governor Makes Case For Zero Fed-Funds Rate

With the U.S. unemployment rate now expected to climb well above 7%, former Federal Reserve governor Laurence Meyer projects that Fed policymakers ma[...] read more »
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Google New York hit by cost cuts

Google's offices in Manhattan's Chelsea neighborhood are the latest to feel the pinch, with hours curtailed and snack service cut back, according t[...] read more »
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Microsoft says next Windows won't be as annoying

The next version of Microsoft Windows, the software that defines the computing experience for most people, will nag users much less than its much-mal[...] read more »
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Why Should Seniors Get the Discounts?

Is it right for restaurants, movie theaters and hotels to offer discounts to all senior citizens, regardless of their means? I'm a thirtysomething w[...] read more »
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Chrysler offers up to $75,000 in buyouts

Chrysler LLC is offering white-collar workers up to $75,000 cash and vehicle vouchers valued as much as $25,000 to leave the company within weeks und[...] read more »
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Which Banks Won’t Make Henry Paulson’s Cut?

When it comes to the nation’s small banks these days, no news may be bad news. read more »
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Waxman Asks 9 Big Banks to Justify Billions in Pay

Representative Henry A. Waxman, who is leading a House investigation of the financial crisis, asked nine big banking companies on Tuesday to explain [...] read more »
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World will struggle to meet oil demand

Output from the world’s oilfields is declining faster than previously thought, the first authoritative public study of the biggest fields shows. read more »
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Tahoe, Yukon and Escalade not being replaced

The full-size SUV's future is on shaky legs and now, reports have surfaced that General Motors has killed the next generation Tahoe and Yukon 'utes[...] read more »
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VW passes Exxon as world's largest company

Volkswagen's massive stock price surge has briefly let Europe's top automaker stake the claim as the world's largest company by market capitalizat[...] read more »
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More Car Dealers Shut Down

With credit drying up and new-vehicle sales slumping to a 25-year low, car dealerships from New Jersey to California are going out of business at an [...] read more »
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Wal-Mart Cuts Download Prices

Wal-Mart Stores Inc. said it is cutting prices for some MP3 downloads by 22%, racheting up competition among online music retailers. read more »
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Big Hedge Fund Loser Gets Booed Off Stage Before Borrowing Mom's Yacht For Bash

ohn Devaney, who be came the poster-boy for hedge-fund blow-ups when his $600 million fund went belly-up earlier this year after a wrong-way bet on t[...] read more »
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National City Deal Leaves Some Analysts Puzzled

National City’s sale to PNC Financial Services Group has surprised some Wall Street analysts who did not see an immediate catalyst for the sale given[...] read more »
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Microsoft suggested to adjust price in China

A top Chinese copyright official on Monday suggested Microsoft to consider more about "the price affordability of Chinese customers" amid recent "[...] read more »
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