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submitted by Robby for team staff news 1 day 23 hours 28 minutes ago
Asian stocks dropped on Tuesday, following the global trend amid worries about deepening worldwide recession.
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submitted by Robby for team staff news 9 weeks 1 day 2 hours 28 minutes ago
For the ninth day in a row, President Bush outlined a frightening scenario yesterday that could occur if Congress does not enact his financial rescue package: More banks will fail, home values will plummet further, and a stock market collapse will wipe out the retirement...(more)
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submitted by Robby for team staff news 8 weeks 6 days 14 hours 28 minutes ago
Campaigning in Michigan, Obama goes on offense against presidential rival John McCain and predicts another drop in employment. GRAND RAPIDS, Mich. -- Democrat Barack Obama, gaining in national polls amid growing voter concerns about the economy, told a crowd in Michigan today that Congress has no...(more)
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submitted by Robby for team staff news 6 weeks 4 days 13 hours 28 minutes ago
In past presidential elections, Veronica Deveso could have told you by now who she was backing and why. Not this time. All the former taxi dispatcher from Hamburg, N.Y., wants is a candidate "with a solid plan to do something, almost anything," to bolster the...
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submitted by Robby for team staff news 5 weeks 3 days 4 hours 28 minutes ago
Reuters - South Korea's central bank on Monday delivered its biggest ever interest rate cut and promised other measures to calm the panic that has been driving down financial markets and rapidly eroding economic growth.
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submitted by Collin Frost for team Bicyclism 21 weeks 1 day 16 hours 45 minutes ago
High gasoline prices are fueling bicycle sales, and on some days Michael Hall's blood pressure.
At least three times a week, Hall pedals to his job in Hollywood from his home in northern Glendale, a 25-mile round-trip commute that is faster on two wheels than four.
"It's definitely...(more)
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submitted by Robby for team staff news 4 hours 28 minutes ago
Strong Web sales over the holiday weekend are unlikely to bail out the retail industry, which is contending with a recession and a sharp decline in consumers’ wealth.
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submitted by Robby for team staff news 4 hours 28 minutes ago
Adobe Systems in San Jose is laying off 600 employees and will restructure its business, the company announced today after the stock market closed. The layoffs are in progress and represent 8 percent of Adobe's global workforce, a spokeswoman said. They will...
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submitted by Robby for team staff news 1 week 3 days 6 hours 28 minutes ago
HAVANA (AP) -- Russia's ambassador to Cuba says his country's oil companies are interested in searching for oil in deep Gulf of Mexico waters off of the Caribbean island....
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submitted by Robby for team staff news 2 days 28 minutes ago
SINGAPORE (AP) -- Oil prices fell to a 3-year low below $48 a barrel Tuesday in Asia, as more bleak U.S. economic news and plunging stocks markets darkened investor expectations for crude demand....
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submitted by Robby for team staff news 1 week 6 days 3 hours 27 minutes ago
Paul Volcker, the former chairman of the Federal Reserve, spoke to baseball owners about the nation’s economy without specifically addressing how the league would be affected.
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submitted by Robby for team staff news 1 week 3 days 11 hours 28 minutes ago
WASHINGTON (AP) -- Federal Reserve Chairman Ben Bernanke acknowledges he was wrong in believing that there would be limited fallout to financial markets from risky mortgages that soured after the housing market's collapse....
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