Biggest retail sales drop on record
October saw the largest one-month fall in U.S. retail sales, government figures showed, as job...
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Wachovia's record $23.9 loss
Wachovia has the distinction of posting the biggest quarterly loss for a banking company during...
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Mortgage rates dip, still high
U.S. mortgage rates fell last week, but rates remain high as lenders price in higher premiums for...
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Wells Fargo's bid for Wachovia
Beating out Citigroup, Wells Fargo proves its durability through the credit crisis with a deal to...
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U.S. job cuts hit 5-1/2 year high
American employers slashed payrolls for the ninth consecutive month amid turmoil in the financial...
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Wall St. slides ahead of Senate vote
Credit markets showed little sign of movement of Wednesday - as the U.S. Senate prepared to vote...
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Paulson's $700B sales job
Treasury Secretary Paulson heads to Capitol Hill where he hopes to convince lawmakers to back a...
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McCain blasts Obama on economy
John McCain -- at a campaign rally in Iowa-- took on his Democratic opponent -- saying it is the...
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More trouble seen at Lehman
A new strategy for ailing U.S. investment bank Lehman Bros. did little to pacify growing concerns...
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Lehman revives bank-fueled angst
The health of America's financial system was once again called into question as worries grow...
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