Finance time

Even on the campaign trail last year, President Obama pledged to cull waste from the budget. On Thursday, he pulled back the curtain on […]

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Lars Loekke Rasmussen starts his first full day as Denmark’s prime minister with the economy mired in its severest recession in six decades and […]

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New Zealand’s economy shrank last quarter by the most in more than 16 years as home building tumbled, exports fell and businesses cut spending. […]

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Ferguson-based Emerson has been trimming its corporate costs — including the base salaries of its top five executives — to offset the global economic […]

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Oil prices retreated to below $46 a barrel Friday in Asia after a strong rally overnight, but traders said expectations of a sharp production […]

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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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A hedge-fund swindler accused of faking his own death is not yet competent to enter his long-expected guilty plea for skipping out on a […]

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U.S. consumer spending grew at a slower pace in July as the impact of the tax rebates faded and a pickup in inflation eroded […]

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The biggest increase in prices in almost three years eroded consumers' buying power, reinforcing speculation the Federal Reserve won't raise interest rates in the […]

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The Federal Reserve extended its emergency lending to Wall Street firms through January after policy makers judged that markets are still too weak to […]

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