| Chrysler, Nissan halt product tie-up
February 12, 2009 at 9:29 pm
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| Read full story for latest details. |
| Toyota trims production further
February 12, 2009 at 9:08 pm
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|  Toyota Motor Corp. is taking additional steps to scale back production at its North American plants, the automaker said Thursday, in anticipation of worsening auto sales. |
| Stimulus: Senate to vote Friday
February 12, 2009 at 8:24 pm
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|  Read full story for latest details. |
| Gregg turns down Commerce Dept. job
February 12, 2009 at 7:25 pm
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|  Sen. Judd Gregg withdrew his nomination as President Barack Obama's commerce secretary Thursday, citing "irresolvable conflicts" over the administration's stimulus bill and the upcoming 2010 census. |
| Obama may subsidize mortgage debt
February 12, 2009 at 7:02 pm
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|  The Obama administration is looking at subsidizing the mortgage payments of struggling borrowers before they default, according to sources familiar with the discussions. |
| Harvard cuts stock investments
February 12, 2009 at 6:27 pm
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|  Read full story for latest details. |
| Stimulus: How it may affect your wallet
February 12, 2009 at 6:17 pm
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|  There's still no official legislative text yet, but key lawmakers in the Senate and House have said they've reached a compromise on a final economic recovery package. |
| Car buying stimulus may not help
February 12, 2009 at 4:58 pm
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|  The economic stimulus plan is unlikely to help boost the auto industry because some say tax incentives for car purchases won't save buyers nearly as much as had been originally proposed. |
| Family net worth falls drastically
February 12, 2009 at 4:15 pm
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|  Read full story for latest details. |
| Toyota to offer work-sharing at US, UK plants
February 12, 2009 at 4:08 pm
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|  Read full story for latest details. |
| Dow hits 3-month low as selloff gains steam
February 12, 2009 at 3:06 pm
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|  The stock selloff accelerated Thursday afternoon, with financials leading the way, as investors worried about the effectiveness of the government's plans to soften the blow of the recession. |
| Oil tumbles below $34
February 12, 2009 at 2:55 pm
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|  Oil prices fell to a seven-week low Thursday as investors remain concerned about weak energy demand and swelling U.S. crude supplies. |
| Cheap gas is history, again
February 12, 2009 at 2:38 pm
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|  The days of cheap gas are retreating into the rearview mirror, as prices continue to roll uphill, flirting with the $2-per-gallon mark. |
| Charter Communications to file for Chapter 11
February 12, 2009 at 2:31 pm
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|  Charter Communications, a provider of cable TV, Internet and other broadband services, said on Thursday that it will file for bankruptcy, as part of a "financial restructuring." |
| Bond prices churn on refunding
February 12, 2009 at 1:57 pm
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|  Government debt prices churned Thursday as investors weighed a week of successful refunding auctions with the progress of the stimulus proposal in Congress. |
| Work-at-home job scams
February 12, 2009 at 1:49 pm
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|  With the nation's unemployment rate at 7.6% and expectations for it to go even higher in this year, work-at-home Web sites which promise big money for little or no experience are extremely tempting in the best of times, but now more than ever, people are falling victims to work-at-home scams. |
| Stimulus vote: Not today
February 12, 2009 at 1:41 pm
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|  The House will not vote until Friday on a revamped $789.5 billion stimulus package, after many House Democrats demanded more time to read the measure, expressing unhappiness with some of the spending cuts. |
| Home prices in record plunge
February 12, 2009 at 1:36 pm
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|  Home prices fell 12.4% during the fourth quarter of 2008, the largest year-over-year decline since the National Association of Realtors began keeping comprehensive records in 1979. |
| Investors seek dollar safety
February 12, 2009 at 1:32 pm
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|  The dollar rose against major currencies Thursday as investors uncertain of the effectiveness of government's economic recovery plans sought safety in U.S. cash. |
| Time to break up the banks?
February 12, 2009 at 1:11 pm
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|  The Obama administration has promised to fix big financial firms with a helping of "tough love." But even stronger medicine -- such as breaking up troubled banks and starting new ones -- may be necessary. |
| Rooting for higher oil prices
February 12, 2009 at 1:03 pm
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| Gold is getting close to $1000 an ounce again even as oil prices continue to fall. |
| Mortgage rates slide
February 12, 2009 at 12:21 pm
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|  Mortgage rates fell during the past week, pushed lower from the uncertainty stemming from the bank bailout plan unveiled Tuesday. |
| How Geithner's vulture funds may work
February 12, 2009 at 12:01 pm
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| Read full story for latest details. |
| AIG probed by U.K. fraud office
February 12, 2009 at 11:47 am
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|  Read full story for latest details. |
| Thinking of franchising? Advice from the trenches
February 12, 2009 at 11:21 am
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|  If you're the owner of a successful business, is now the time to franchise it? |
| Jobless claims dip - remain at high level
February 12, 2009 at 10:43 am
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|  The number of Americans filing for first-time unemployment benefits last week edged off a 26-year high, but was greater than expected, according to a government report released Thursday. |
| Business inventories sink by most since 2001
February 12, 2009 at 10:36 am
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| Read full story for latest details. |
| A small cap fund for the big picture
February 12, 2009 at 10:19 am
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| While few small cap stocks are household names, those in Intrepid Small Cap Fund's portfolio are bit more esoteric than most. |
| The Fed's interest rate experiments
February 12, 2009 at 10:09 am
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| The tool of choice for central banks to help an ailing economy has traditionally been to bring down short-term interest rates. The Federal Reserve is no exception. But having already pursued that approach aggressively, and seemingly exhausted it by driving the overnight interbank rate down to nearly zero, the question now at hand is whether the Fed has any more weapons in its arsenal. |
| Coca-Cola shares pop
February 12, 2009 at 9:16 am
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|  Read full story for latest details. |
| Lower start seen for stocks
February 12, 2009 at 7:37 am
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|  U.S. stocks were poised to open lower Thursday as investors awaited more indications of the gloom in the economy, this time in retail and employment. |
| A stock market investment with a no-loss guarantee
February 12, 2009 at 6:39 am
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|  A.Y. Brown is reaping the rewards of successful entrepreneurship. Over decades of financing and developing apartment complexes around Memphis, Brown, now 70, socked away enough money to retire at 52. Today, he and his wife live comfortably - off investment income - on their horse farm in Columbus, N.C. But the couple worry about the recent volatility in the financial markets. |
| Talk your teen through tough economic times
February 12, 2009 at 6:28 am
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| Dealing with the fallout from the financial crisis -- namely, the anxiety about your job and investments -- is hard enough. Talking about it all with teenage kids can be even more daunting. But it's a conversation worth having, especially now that they're old enough to share the stress. Not only can you ease their concerns, says Atlanta psychologist Mary Gresham, "you can turn these into teaching moments." |
| Lenders drop mortgage brokers
February 12, 2009 at 6:16 am
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|  Some big banks have cut back on doing business with mortgage brokers - and if the trend continues, many mortgage brokers could close down. | |
The frantic pace of foreclosures eased in January, according to a monthly report released Thursday.
ENBARGOED UNTIL 12:01AM THURSDAY
There was a time when the geeks who keep a company's tech systems running could get by without knowing the finer details of corporate strategy. You called the chief information officer when you needed a server upgrade, not a strategic plan.
Question: I want to better diversify my portfolio. So I'm thinking of getting rid of some funds that focus on specific industries or geographic areas and investing in funds with broader holdings. The problem is that the funds I want to get rid of tanked hard in 2008. Would it be better for me to hold onto them until the sector recovers? Or should I sell them and create a more diversified portfolio right now? Josef Werne, Duluth, Minnesota
It wasn't that long ago that many economists worried that Americans were saving too little.
Read full story for latest details.
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