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The bottom line
feature FDIC expects more bank failures; U.S. sees widest income gap since 1967; Mobile phones: Not made in the USA; Home sales: Down in July, up in August; For many millionaires, work is recreation
By The Week Staff Last updated
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The Bottom Line
feature The price of gasoline last week hit another, inflation-adjusted high, surging 7 cents to $3.26 for a gallon of self-serve regular. . .
By The Week Staff Last updated
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The bottom line
feature Foreign investors are losing their appetite for U.S. bonds. Foreigners represented only 5.8 percent of bidders at last week’s auction of 10-year Treasury notes, down from. . .
By The Week Staff Last updated
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The bottom line
feature Steepest earnings decline in S & P's 500 since 1936; Gap between U.S. and foreign CEO pay narrows; Drop in casino earnings first in a decade; Accounting profession adds 3,000 jobs a month; Selling dirt from old Yankee Stadium
By The Week Staff Last updated
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The bottom line
feature Bing captures 12.9% of market; OPEC cuts oil exploration and production; Metal prices soar; GM to end 62-year presence in Delaware; Airlines improve flight arrival times
By The Week Staff Last updated
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The bottom line
feature Health-care industry lobbies Congress over reform; Tonight Show sheds older viewers; Manhattan housing prices fall nearly 20 percent; 52 banks have failed since January; Wall Street to trade California IOUs
By The Week Staff Last updated
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The bottom line
feature Bad timing by the Pension Benefit Guaranty Corp.; Credit Crunch bypasses midsize American cities; All is well at Apple’s online App Store; Topps to release cards on hoaxes and hoodwinks; Bad timing by companies in the S&P 500&
By The Week Staff Last updated
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The bottom line
feature CEOs face second pay decline since 1989; Sallie Mae to close overseas operations; Lower opening-day payroll for baseball teams; GM to auction 200 vintage cars; Some of the richest taxpayers pay less than 10%
By The Week Staff Last updated
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The bottom line
feature Fiscal 2009 deficit at $957 billion, and rising; 23 banks seized by FDIC since January; Mars Inc. to tap new cocoa suppliers; New York law firm pays lawyers to take a year off; Will gas prices keep rising?
By The Week Staff Last updated
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The bottom line
feature Goldman Sachs’ investors show irritation; Savings rate rises, interest rates fall; Toys R Us starts “Black Friday” on Thanksgiving; From 1 flight per week to 642 flights per week; Mary Kay increases sales in China
By The Week Staff Last updated
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The bottom line
feature Seven more banks fail; Few companies pay taxes at 35% rate; Newspaper circulation plunges; Financial literacy among young adults; "Maternity" leave for women without children
By The Week Staff Last updated
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The bottom line
feature Manufacturers order more supplies; Steep rise in tea prices; Sales of gold coin rise 75 percent; "The godfather of spam” receives sentence; Few buyers for FDIC bank seizures
By The Week Staff Last updated
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The bottom line
feature Shoplifting rises 6 percent; Bogus Medicare claims cost over $47 billion; Madoff auction takes in $900,000; Retails sales down 8.2 percent; Thanksgiving dinner will cost less this year
By The Week Staff Last updated
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The bottom line
feature Dell Computer vs. Hewlett-Packard and Apple; Sedans with the worst gas mileage; 938,000 U.S. homes are in foreclosure; Crest toothpaste's alternative flavors; Hong Kong real estate at record high
By The Week Staff Last updated
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