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Treasury mulls plan to lower mortgage rates to 4.5%(CNN)
Lobbyists are pushing the Treasury Department to consider a plan to purchase mortgage-backed securities in the hopes of driving mortgage rates to as low as 4.5%, an industry source said. |
United plans to furlough 1,088 workers(CNN)
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State Street to slash up to 1,800 jobs(CNN)
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Weakened labor market hits small biz(CNN)
For the second month in a row, employment among small businesses is down, according to estimates from payroll processor ADP. The drop marks the first time since early 2002 that the nation's most resilient job sector has shown two consecutive months of contraction. |
One in 3 toys is toxic, group says(CNN)
One in three toys tested was found to contain toxic chemicals such as lead, flame retardants and arsenic, according to a report issued Wednesday by an environmental group. |
One in 3 toys is toxic, group says(CNN)
One in three toys tested was found to contain toxic chemicals such as lead, flame retardants and arsenic, according to a report issued Wednesday by an environmental group. |
Fed paints dreary economic picture(CNN)
Economic conditions deteriorated further across the nation, according to the Federal Reserve's latest snapshot, suggesting the U.S. central bank may continue to lower interest rates in the near future. |
UAW agrees to help automakers(CNN)
The United Auto Workers agreed to work with the embattled U.S. automakers about changes in their labor contract, an important step for the industry's chance to win up to $34 billion in federal loans. |
A bumpy ride for Thanksgiving air travel(CNN)
Air travel over the Thanksgiving holiday started smoothly but finished on a sour note thanks to bad weather, the airline research group FlightStats reported on Wednesday. |
Holiday sales: Outlook gets bleaker(CNN)
When stores report their November sales Thursday, analysts expect the scorecard will look pretty bleak once again. |
GM's last stand(CNN)
General Motors wasn't doing any sugarcoating when it presented its restructuring plan to Congress Tuesday. |
Poll: 61% oppose auto bailout(CNN)
A majority of Americans oppose a bailout of the troubled U.S. auto industry, according to a poll released Wednesday. |
Lehman auctions investment management unit(CNN)
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Obama selects Richardson as Commerce head(CNN)
President-elect Barack Obama selected New Mexico Gov. Bill Richardson for the position of secretary of Commerce in a news conference Wednesday morning. |
Buy American? Betting on a Big 3 bounce(CNN)
The fate of General Motors and the rest of the Big Three may soon be decided in Washington. |
Toyota cuts domestic output(CNN)
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Dollar rises against euro, pound, yen(CNN)
The U.S. dollar gained against most major currencies Wednesday, ahead of expected interest rate cuts by European central banks this week and amid volatile global equity markets. |
