| Dow below 7,000
March 2, 2009 at 5:26 pm
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|  Stocks tumbled Monday, with the Dow and S&P 500 falling to 12-year lows after insurance company American International Group's huge quarterly loss added to worries about the financial sector and the economy. |
| Dollar gains on euro, pound
March 2, 2009 at 4:41 pm
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|  The dollar rallied against the euro and the pound Monday, as the Dow Jones Industrial Average fell below 6,800 for the first time in almost 12 years. |
| Weak economy ... strong dollar
March 2, 2009 at 3:46 pm
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| Stocks are at their lowest levels in about 12 years. The economy shrunk by more than 6% in the fourth quarter. Companies are laying off people left and right. |
| Oil down 10%: Economy trumps cuts
March 2, 2009 at 2:53 pm
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|  Oil prices dropped 10% Monday as concerns over a weakening economy overshadowed signs of supply reductions from OPEC. |
| Dow falls below 7,000
March 2, 2009 at 9:52 am
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|  Stocks opened lower Monday morning, with the Dow falling below 7,000 for the first time since October 1997, after American International Group reported a massive quarterly loss and a restructuring of its bailout by the government. |
| Treasurys rise on AIG, economy
March 2, 2009 at 8:06 am
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|  Bond prices rose early Monday after American International Group announced a staggering quarterly loss and the U.S. government unveiled additional bailout provisions for the ailing insurer. |
| Oil dips $2
March 2, 2009 at 7:03 am
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|  Read full story for latest details. | | | 
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| Teetering on 12-year lows
March 1, 2009 at 9:56 am
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|  Fasten your seat belts. The week ahead could be critical as the stock market sits on the precipice of nearly 12-year lows. | | |  |
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| Sebelius tapped as health secretary
February 28, 2009 at 7:05 pm
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| Read full story for latest details. |
| Buffett's worst year
February 28, 2009 at 9:16 am
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|  Berkshire Hathaway reported today that its net worth fell in 2008 by $11.5 billion, a decline reducing its per-share book value by 9.6%. That was Berkshire's worst result in the 44 years that Chairman Warren Buffett has run the company and, in fact, only the second decline in that period. The other drop was 6.2% in 2001, a year hurt by 9/11 and other problems in Berkshire's insurance operations. |
| Buffett's happy monoline snub
February 28, 2009 at 8:55 am
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|  Sometimes the best deals are the ones you don't get. |
| Buffett's bailout headache
February 28, 2009 at 8:53 am
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|  Warren Buffett is no critic of federal aid to the financial system. But the Berkshire Hathaway chief says the government's decision to provide low-cost credit to troubled firms is taking a hefty toll on his Clayton Homes housing finance business. |
| Buffett's paper losses pile up
February 28, 2009 at 8:52 am
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|  Derivatives, the investments Warren Buffett famously scorned as "financial weapons of mass destruction," are proliferating at Berkshire Hathaway. But so far, there are no signs Berkshire risks a blowup. |
| The Buffett-doubter discount
February 28, 2009 at 8:49 am
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|  Warren Buffett on Saturday deemed Berkshire Hathaway's 2008 earnings and investment performances "unsatisfactory." Judging by some unusual recent action in Berkshire shares, he isn't alone in that assessment. |
| Buffett's bailout headache
February 28, 2009 at 8:18 am
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|  Warren Buffett is no critic of federal aid to the financial system. But the Berkshire Hathaway chief says the government's decision to provide low-cost credit to troubled firms is taking a hefty toll on his Clayton Homes housing finance business. |
| The Buffett-doubter discount
February 28, 2009 at 8:08 am
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|  Warren Buffett on Saturday deemed Berkshire Hathaway's 2008 earnings and investment performances "unsatisfactory." Judging by some unusual recent action in Berkshire shares, he isn't alone in that assessment. |
| Buffett's worst year
February 28, 2009 at 8:00 am
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|  Berkshire Hathaway reported today that its net worth fell in 2008 by $11.5 billion, a decline reducing its per-share book value by 9.6%. That was Berkshire's worst result in the 44 years that Chairman Warren Buffett has run the company and, in fact, only the second decline in that period. The other drop was 6.2% in 2001, a year hurt by 9/11 and other problems in Berkshire's insurance operations. |
| Wall Street: Teetering on 12-year lows
February 28, 2009 at 7:52 am
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|  Fasten your seat belts. The week ahead could be critical as the stock market sits on the precipice of nearly 12-year lows. | | | 
Posted by
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2:51 AM
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| Teetering on 12-year lows
February 28, 2009 at 7:57 am
|
| Fasten your seat belts. The week ahead could be critical as the stock market sits on the precipice of nearly 12-year lows. | | |  |
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President Obama is in danger of losing the biggest stick in his foreclosure prevention arsenal.