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President-elect Obama is telling the public that the US may run a trillion dollar deficit to bailout the economy. According to The New York Times, he made the point that Americans for the unparalleled prospect of trillion-dollar deficits for years to ... »»     Wed, 07 Jan 2009 10:13:02 GMT

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By Kateryna Choursina and Lyubov Pronina Jan. 7 (Bloomberg) -- Russian natural gas exports through Ukraine to Europe halted for the first time in three years, threatening to create shortages as freezing weather spurred demand for power. »»     Wed, 07 Jan 2009 09:08:06 GMT

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HONG KONG, Jan 7 (Reuters) - A fund controlled by Hong Kong billionaire Li Ka-shing was on Wednesday selling more than $500 million worth of shares in Bank of China (3988. »»     Wed, 07 Jan 2009 09:55:24 GMT

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In the minutes from its last meeting, the central bank said it expects GDP to decline in 2009 and unemployment to rise into 2010. By Chris Isidore, CNNMoney. »»     Wed, 07 Jan 2009 00:25:53 GMT

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(Reuters) - Stock futures pointed to a lower open on Wall Street on Wednesday, on mounting worries over the impact of the recession on companies after Alcoa Inc (AA. »»     Wed, 07 Jan 2009 10:07:12 GMT

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Wall Street brushed off more bad economic news Tuesday to finish with a moderate advance that left broad stock indexes at their highest levels in two months. »»     Tue, 6 Jan 2009 22:58:54 GMT

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All that money you're saving these days at the gas pump? You might want to put it in the bank. »»     Tue, 6 Jan 2009 22:47:22 GMT

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Nonprofits that are struggling because their donors lost money with Bernard Madoff are getting a bailout — but not from the government. Richer foundations are stepping in to help. »»     Tue, 6 Jan 2009 23:45:31 GMT

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Shoppers are getting used to those 75 percent off sales, and that's bad news for merchants who worry they will also have to quickly slash prices on spring goods to attract customers. »»     Wed, 7 Jan 2009 05:27:24 GMT

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Alcoa Inc. said on Tuesday it will curtail production and cut some 13,500 jobs, or 13 percent of its global work force, to save cash and reduce costs in the current economic downturn. »»     Wed, 7 Jan 2009 01:41:38 GMT

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Read full story for details ... »»     Wed, 07 Jan 2009 04:58:15 -0500

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Read full story for details ... »»     Wed, 07 Jan 2009 05:59:35 -0500

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Read full story for details ... »»     Wed, 07 Jan 2009 03:22:51 -0500

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Read full story for details ... »»     Wed, 07 Jan 2009 06:09:30 -0500

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Read full story for details ... »»     Wed, 07 Jan 2009 01:40:32 -0500

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The boss of Satyam, India's fourth-biggest software firm, resigns after admitting to irregularities in its accounts. »»     Wed, 07 Jan 2009 11:27:56 GMT

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The US recession is likely to drag on well into 2009, according to forecasts from the US Federal Reserve. »»     Tue, 06 Jan 2009 22:16:35 GMT

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Exports of Russian gas to Europe via Ukraine stop altogether with both countries accusing each other of turning off the tap. »»     Wed, 07 Jan 2009 11:12:22 GMT

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The US aluminium maker Alcoa has said it is cutting 13,500 jobs, or 13% of its workforce, due to the global economic slowdown. »»     Wed, 07 Jan 2009 01:33:03 GMT

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Bank of America is to sell a stake in China Construction Bank, in an move that could raise $3bn, the Chinese bank says. »»     Wed, 07 Jan 2009 07:26:34 GMT

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Minutes provide further insight into the December policy meeting at which officials cut its target interest rate to virtually zero and laid out its strategy for unconventional easing »»     Wed, 7 Jan 2009 11:31:57 +0000

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Minutes provide further insight into the December policy meeting at which officials cut its target interest rate to virtually zero and laid out its strategy for unconventional easing »»     Wed, 7 Jan 2009 03:09:46 +0000

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Minutes provide further insight into the December policy meeting at which officials cut its target interest rate to virtually zero and laid out its strategy for unconventional easing »»     Wed, 7 Jan 2009 10:00:39 +0000

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Minutes provide further insight into the December policy meeting at which officials cut its target interest rate to virtually zero and laid out its strategy for unconventional easing »»     Tue, 6 Jan 2009 23:52:33 +0000

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Minutes provide further insight into the December policy meeting at which officials cut its target interest rate to virtually zero and laid out its strategy for unconventional easing »»     Tue, 6 Jan 2009 23:32:39 +0000