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Asian Stocks Track Down After Obama Inauguration

Posted: 01/21/2009 - Asian stock markets dropped Wednesday, with Japan's benchmark losing 2 percent, as concern that rising bank losses will cripple the world economy overshadowed the inauguration of U.S. President Barack Obama.

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IBM Sunny About 2009 Despite Dreary Forecasts

Posted: 01/21/2009 - In what promises to be a dismal year for tech spending, IBM Corp. packed a wallop of a surprise with its 2009 profit guidance: the numbers were so far ahead of Wall Street's forecast they were initially met with disbelief.

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Obama: 'Dramatic Action' Needed Now To Fix Economy

Posted: 01/17/2009 - President-elect Barack Obama made a pitch for his massive economic stimulus plan at a Midwestern factory that manufactures wind turbine parts, saying Friday his proposal would make smart investments in the country's future and create solid jobs in up-and-coming industries.

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Circuit City To Liquidate Remaining Stores

Updated: 01/16/2009 - Circuit City Stores Inc. says it has reached an agreement with liquidators to sell the merchandise in its 567 U.S. stores after failing to find a buyer or a refinancing deal.

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Treasury, Bank Of America Reach Bailout Deal

Posted: 01/16/2009 - The government has extended a new multibillion-dollar lifeline to one of the country's biggest banks as officials continue to struggle with a serious crisis in the financial system.

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Woman's Utility Bill Soars To $818.00

Updated: 01/17/2009 - As the temperature drops, it usually means our utility bill goes up. The financial strain to stay warm, has pushed more people to look for assistance.

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Fast-Tracking Your Tax Refund

Posted: 01/15/2009 - Read the story to find out what the IRS says is the fastest way to get your money.

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Yahoo Picks Tough-Talking Carol Bartz As New CEO

Posted: 01/14/2009 - It didn't take long for Carol Bartz, Yahoo Inc.'s new chief executive, to demonstrate that her style will differ dramatically from that of her predecessor — Jerry Yang, the genial, soft-spoken co-founder of the struggling Internet company.

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Stakes High In Bailout Vote For Obama, Democrats

Posted: 01/14/2009 - President-elect Barack Obama eventually will gain access to the second half of the $700 billion financial bailout fund — politics notwithstanding and more likely sooner than later.

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Losing Job For First Time A Painful Experience

Posted: 01/10/2009 - Behind the latest unemployment figures showing another 500,000-plus Americans lost their jobs is a sad truth: The deeper the recession becomes, the more it touches people whose livelihoods have never been threatened by dark financial times.

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Rifts Show As Obama Urges Quick Action On Stimulus

Posted: 01/09/2009 - Lawmakers are under orders to finish action on President-elect Barack Obama's nearly $800 billion economic recovery plan by mid-February. But already it is plain that a set of serious fissures need to be bridged if the bill is to be completed within five weeks.

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Most Asian Markets Fall Ahead Of US Jobs Report

Posted: 01/09/2009 - Most Asian stock markets fell Friday amid more corporate gloom and worries that a key U.S. jobs report could show recession in the world's largest economy is deepening.

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Reports: GM, Chrysler Bailout Deals Bar Strikes

Posted: 01/09/2009 - Newspaper reports say General Motors Corp. and Chrysler LLC would be in default of their multi-billion dollar federal bailouts if their workers go on strike and could be forced into bankruptcy.

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