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The announcement came as the White House pro jected the budget deficit would be $2,000bn higher over the next 10 years than it had predicted.
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US companies cut 371,000 jobs last month, a survey found, as the economy continues to slow its haemorrhaging of jobs but was more than economists’ ex[...]
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Lenders in Europe bracing themselves for a rising wave of consumer debt defaults as the credit card crisis spreads across the Atlantic. The IMF esti[...]
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IBM joined intel, as they reported a 28% jump in earnings providing further evidence that the technology industry is poised for a comeback in the sec[...]
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Global equities is up 6.3%, just a short step away from the 6.7% it achieved in the first week of May.
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