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GM, Chrysler Scale Back Glitz At LA Auto Show

Posted: 11/20/2008 - Chrysler and General Motors are still showing off their newest vehicles at the Los Angeles Auto Show, but their displays were noticeably quiet Wednesday while Asian and European companies unveiled new models that will likely chip away at the U.S. market share.

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Fed Sees Economic Woes Persisting Into Next Year

Posted: 11/20/2008 - Pounded by a fierce financial crisis, the country is sinking deeper into economic despair and is likely to be in the hole well into next year, forcing more Americans into the ranks of the unemployed.

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Oil Falls; Americans Cut Driving By 90B Miles

Posted: 11/20/2008 - Oil slipped below $54 a barrel Wednesday as stock markets across the globe fell and yet another U.S. government report illustrated the disarray in the housing market.

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Deflation Fears Grow, And Dow Slips Below 8,000

Posted: 11/20/2008 - A growing fear of economic deflation helped take the air out of the stock market Wednesday, and another white-knuckle final hour on Wall Street pushed the Dow Jones industrials under 8,000 to their lowest close since the financial meltdown began.

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Grocery Shopping Secrets

Posted: 11/19/2008 - A North Carolina mom says she knows the secrets to saving incredible amounts of money on your groceries.

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Big Three Beg For Aid As Bailout Bill Stalls

Posted: 11/18/2008 - Detroit's Big Three auto makers are begging Congress for a $25 billion government rescue, while the legislation clings to life support on Capitol Hill and top lawmakers and the White House suffer from bailout fatigue.

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Citigroup Plans A Leaner Future, Cuts 53,000 Jobs

Posted: 11/18/2008 - Citigroup, widely seen as the sickest Wall Street bank, will make some of the most severe cuts in the history of U.S. business — 53,000 jobs — as it tries to slash costs and get back to basics before it's too late.

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Some Heating Costs Falling

Posted: 11/17/2008 - The frigid weather across eastern Carolina has some thinking about those winter heating bills on the way in the coming months.

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Gobbling Up More Green This Thanksgiving

Posted: 11/17/2008 - With Thanksgiving just ten days away, one group is telling us the cost of this year's feast will be a little bit higher than last Thanksgiving. But, it's still a good bargain.

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Tuition Increases Possible In UNC System

Updated: 11/15/2008 - University of North Carolina officials have unanimously approved a $3 billion plan to ask for a $168 million spending increase.

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World Leaders Open Global Economic Crisis Summit

Posted: 11/15/2008 - World leaders launched extraordinary summit talks on the global economic crisis Friday, preparing to adopt a modest action plan that leans more on the U.S. approach of boosting oversight of shaky financial markets than the European desire to increase regulation.

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Economy Has People Keeping Cars Longer

Posted: 11/14/2008 - As the economy continues its downward tumble, buying a new car for some Eastern Carolina drivers can cost nearly an arm and a leg these days.

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Democrats Hunt For Support For Auto Bailout

Updated: 11/14/2008 - Senate Democrats pressed ahead with plans to vote on a $25 billion emergency loan plan as the auto industry readied a lobbying onslaught to overcome GOP opposition.

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October Retail Sales Expected To Be Weak

Posted: 11/14/2008 - Consumers, the backbone of the economy, are taking a beating from the worst economic crisis in seven decades and there is little prospect of that letting up soon.

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October Budget Deficit Hits Record Of $237.2B

Posted: 11/14/2008 - The federal government began the new budget year with a record deficit of $237.2 billion, reflecting the billions of dollars the government has started to pay out to rescue the financial system.

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Gas Under $2 In Greenville!

Posted: 11/14/2008 - It's a welcome sign for Eastern Carolina motorists--gas under $2 a gallon.

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Foreclosures Up 25 Percent: RealtyTrac

Posted: 11/13/2008 - U.S. foreclosure activity in October rose 25 percent from a year earlier, although filings in California fell by double-digit percentage points for the second consecutive month due to a state law slowing the foreclosure process, according to a monthly report by RealtyTrac.

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Congress Examines $700 Billion Rescue Program

Posted: 11/13/2008 - While the Bush administration shifts course on its $700 billion rescue plan, Congress is examining whether even bigger changes should be made in the program in light of the deteriorating economy and soaring mortgage foreclosures.

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Oil Falls To $55 On Grim US Economic Outlook

Posted: 11/13/2008 - Oil prices slid to near $55 a barrel Thursday in Asia as more bad economic news from the U.S. heightened fears of a severe global downturn that will pulverize demand for crude.

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Hard Economic Times And Spike In Crime

Posted: 11/13/2008 - There's no doubt this sour economy has had its effects on not only our wallet, but according to law enforcement in the east, the economy may also have a lingering impact on crime

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