| Regulators back corporate credit union deposits
January 28, 2009 at 8:33 pm
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| Read full story for latest details. |
| Postal chief warns of service cuts
January 28, 2009 at 8:05 pm
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|  The U.S. Postal Service may be forced to eliminate a day of mail service because the economic downturn has led to plummeting volume and revenue, the postmaster general said Wednesday. |
| House passes $819 billion stimulus bill
January 28, 2009 at 7:30 pm
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|  The House on Wednesday evening passed an $819 billion economic stimulus package Wednesday on a party-line vote, despite President Obama's efforts to achieve bipartisan support for the bill. |
| Starbucks to close 300 stores as profit tumbles
January 28, 2009 at 7:01 pm
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|  Starbucks Corp. said Wednesday its fiscal first-quarter profit and sales fell short of Wall Street's forecast. The high-end coffee chain also announced 6,700 new job cuts as a weak economy weighed on sales. |
| BofA vows to track and report loan activity
January 28, 2009 at 5:42 pm
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|  Bank of America chief executive officer Ken Lewis and top Democrats in Washington are in agreement on one point: Americans need to know what their banks are doing with taxpayer funds. |
| Mass layoffs hit seven-year high
January 28, 2009 at 3:54 pm
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|  Mass layoffs hit a seven-year high in 2008, with most of the job casualties occurring in the Midwest and in factories, according to the U.S. government. |
| Oil rises after Fed statement
January 28, 2009 at 2:44 pm
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|  Oil prices fluctuated after the Federal Reserve said it would leave its Fed Funds Rate unchanged on Wednesday. |
| Dollar mixed on Fed announcement
January 28, 2009 at 2:35 pm
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|  The dollar was mixed against major currencies Wednesday after the Federal Reserve held rates near zero percent. |
| Putin-Dell slapdown at Davos
January 28, 2009 at 2:34 pm
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|  Ever since Vladimir Putin rose to power in 2000, his political opponents and entire countries have learned to their cost that he has a tough, demeaning streak. Wednesday it was Michael Dell's turn. |
| Dogs of the Dow for 2009
January 28, 2009 at 2:30 pm
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|  If you invested in the Dogs of the Dow last year, you had one dog of a time. The stocks failed to outpace the S&P 500 or the Dow 30 (both of which had a miserable year), but that doesn't mean you should give up on them, says the man who popularized the investing strategy. |
| Stocks sustain rally after Fed
January 28, 2009 at 2:28 pm
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|  Stocks maintained their gains Wednesday afternoon after the Federal Reserve kept a key short-term interest rate near unchanged and pledged again to do what it could to help temper the pace of the economic slowdown. |
| Fed leaves rates near zero
January 28, 2009 at 2:27 pm
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|  The Federal Reserve kept its key interest rate near 0%, and said it is prepared to take additional steps to try to fix the troubled U.S. economy and credit markets. |
| Read the Fed's statement
January 28, 2009 at 2:21 pm
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|  The following statement was posted on the Federal Reserve Web site on January 28, 2009: |
| Your tax savings - stimulus bill
January 28, 2009 at 2:03 pm
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| What kinds of tax savings will the stimulus plan offer Americans? |
| Boeing to cut 10,000 jobs
January 28, 2009 at 1:54 pm
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|  Boeing Co. became the latest major American company to announce job cuts Wednesday as the nation's battered labor market continues to shed jobs at an alarming rate. |
| A parade of Ponzis
January 28, 2009 at 1:28 pm
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|  At the height of his popularity in July 1920, Charles Ponzi arrived at his Boston office to a terrible surprise: A copycat business had set up shop down the hall, siphoning off his customers by offering the same eye-popping returns that had made Ponzi the most talked-about man in America. |
| Not all dividends are at risk
January 28, 2009 at 1:27 pm
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| A significant number of companies are slashing dividends to preserve cash. |
| GM, UAW reach cost-cutting deal
January 28, 2009 at 12:54 pm
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|  General Motors and the United Auto Workers union have agreed to eliminate a controversial program that kept workers at near full pay even when there was no work for them, the company confirmed Wednesday. |
| Engineers: U.S. infrastructure a 'D'
January 28, 2009 at 11:22 am
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|  The nation's roads, bridges, power grid, water supply, schools and transit systems are all in a state of disrepair due to under-funding - and the proposed stimulus plan will not go far enough to solve the problem, according to a report released Wednesday. |
| At Davos, blaming unregulated markets
January 28, 2009 at 11:06 am
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| This year's World Economic Forum meeting at Davos is supposed to discuss how to lift the world out of its economic and financial crisis, but not everyone is satisfied just talking about the problems. Aditya Mittal, for one, is trying to take matters into his own hands. |
| Unemployed - reinvent yourself
January 28, 2009 at 10:57 am
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|  Unemployment in every state spiked in December - for the first time ever - as companies shed hundreds of thousands of positions. If you're out of work, here are some tips on how to reinvent yourself for your next employer. |
| Boeing posts loss, guides lower
January 28, 2009 at 10:56 am
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|  Boeing Co. reported an unexpected fourth-quarter loss Wednesday and forecast 2009 earnings well below Wall Street estimates as it grapples with a dip in demand for its planes while airlines feel the pain of recession. |
| Netbooks could be the next hit cell phones
January 28, 2009 at 10:28 am
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| Glenn Lurie knows Silicon Valley better than most telecom industry types. As AT&T's point man on the iPhone, he was the guy who camped out in Cupertino and hashed out the blockbuster iPhone launch with Apple. The next big game in his sights? The netbook. |
| Why health care pools haven't worked
January 28, 2009 at 9:56 am
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|  One of the keys to the various health reform plans kicking around Washington is "pooling." The proposal floated by President Obama during the campaign, for instance, would establish a National Health Insurance Exchange designed to help small businesses and individuals reduce their premiums. |
| Massachusetts' mandate
January 28, 2009 at 9:54 am
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|  Not content to wait for relief from Washington, Massachusetts lawmakers drove past the gridlock with a plan that in mid-2007 effectively forced businesses to provide health insurance to workers. All employers with more than 10 full-time workers are now required to make a "fair and reasonable" contribution to the cost of employees' coverage - or face penalties of up to $295 per worker per year. |
| Blueprints for a health care fix
January 28, 2009 at 9:53 am
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|  Barack Obama made health-care reform a central promise of his presidential campaign. But the shape any change takes will probably depend as much on Congress as on the new president's plans. |
| Davos: Annan warns of 'global governance 'crisis'
January 28, 2009 at 8:19 am
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|  The worldwide economic recession has exposed a "crisis of global governance" that can only be addressed by the radical reform of the United Nations, former U.N. Secretary-General Kofi Annan said Wednesday as the World Economic Forum got under way in Switzerland. |
| Wall Street cash bonuses fall 44%
January 28, 2009 at 8:18 am
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|  Read full story for latest details. |
| Stimulus gap on Capitol Hill
January 28, 2009 at 8:06 am
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|  The presidential motorcade dropped the nation's new leader off on Capitol Hill on Tuesday for a peace mission, with President Obama extending an olive branch to Republicans in the hope of getting his stimulus package through. |
| The Fed: Life after zero
January 28, 2009 at 7:56 am
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|  The Federal Reserve wraps up its two-day meeting about what to do with interest rates Wednesday afternoon. But that's probably two more days than the central bank needed. |
| Obama faces first stimulus test
January 28, 2009 at 7:38 am
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|  President Barack Obama will face the first real test of his push for a stimulus package on Wednesday, as the House of Representatives prepares to vote on the bill later in the day. |
| Stocks ready to rally
January 28, 2009 at 6:55 am
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|  U.S. stocks were set to advance at Wednesday's open, lifted by stimulus hopes and earnings from Yahoo that weren't as dismal as had been predicted. |
| How Netflix got started
January 28, 2009 at 6:28 am
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|  The genesis of Netflix came in 1997 when I got this late fee, about $40, for Apollo 13. I remember the fee because I was embarrassed about it. That was back in the VHS days, and it got me thinking that there's a big market out there. |
| Discounters lose their edge
January 28, 2009 at 6:20 am
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| Like a lot of Americans, I spent the weekend after Christmas scouring stores for bargains. A cute raspberry-colored blazer at Loehmann's caught my eye, not so much for the design but because I had seen the same jacket in Bloomingdale's for roughly the same price ($19.99) just days before. |
| 10 tips to protecting your nest egg
January 28, 2009 at 6:11 am
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|  In the last two years, I've been writing columns as the Mole for CNNMoney.com and Money Magazine, with the goal of helping the consumer make informed decisions, and of making financial planning a profession rather than a sales job. |
| Snag a great deal on a short sale
January 28, 2009 at 6:06 am
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|  When Brian Gavitt, a physician, and his wife Gayleen, a stay-at-home mom, started to eye homes in Sacramento last winter, they knew they were looking in the hardest-hit areas of the housing bust. So the couple, who were relocating from Lansing, figured they could land a fantastic bargain in no time at all. |
| This email was sent to aslakchristensen.e-news-freemarket@blogger.com .
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