Business and Finance
U.S. consumer confidence fell to the lowest level on record in October as stocks plunged and banks shut off credit, raising the risk spending […]
Filed under: term by John
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Oil prices fell Friday to their lowest point since May 2007 as investors were unimpressed by a decision from the world’s largest oil cartel […]
Filed under: technology by John
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Home resales in the U.S. rose more than forecast in September, aided by foreclosure-driven declines in prices that indicated the market was stabilizing before […]
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Federal Reserve officials are likely to bring interest rates down so aggressively over the next few months that they will have to search for […]
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The Federal Reserve will help finance purchases of up to $600 billion in assets from money- market mutual funds roiled by redemptions from investors […]
Filed under: economics by John
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One important method of short-term lending remained under fire last week, but there were signs of hope for it.
Total outstanding commercial paper, a key […]
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The Bank of Japan said it will hold an unscheduled monetary policy meeting at 8:30 p.m. today in Tokyo to discuss “monetary control matters, […]
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For U.S. authorities watching from the sidelines as Morgan Stanley struggles with doubts about its survival, letting the investment bank fail is not really […]
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It took the European Union almost three decades to agree on what could legitimately be called chocolate. That doesn't bode well for its handling […]
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The global economy is headed for a recession next year, as U.S. gross domestic product grinds close to a halt, the International Monetary Fund […]
Filed under: business by John
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