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November 14, 2008
Setting the Record Straight

By: U.S. Treasury Ddepartment

The story in the Washington Post ("Bailout Lacks Oversight Despite Billions Pledged" - 11/13/2008) leaves out critical steps taken by Treasury to ensure that there is strong oversight in place as the Emergency Economic...


November 14, 2008
U.S. foreign trade slows sharply in September

By: MarketWatch

The U.S. trade gap shrank to $56.5 billion in September as the exchange of goods and services with the rest of the world slowed sharply, offering further evidence of the global economic slump.


November 14, 2008
Renewable energy may end up scarred, but stronger

By: International Herald Tribune

Billionaire oilman T. Boone Pickens put his massive wind farm plans on hold in Texas. A Maryland solar plant project has been scrapped. And the second-largest U.S. ethanol company is under bankruptcy protection.

 


November 14, 2008
Oil guru points to substitutes keeping lid on energy prices

By: The Globe and Mail - Canada

Don't say Henry Groppe didn't tell you so. Almost a year ago, when oil prices were humming along at close to $100 (U.S.) a barrel, the 82-year-old dean of oil analysts warned his clients that the price was destined for $60 before...


November 14, 2008
Bush defends capitalism on eve of economic summit


By: Associated Press

President George W. Bush fervently defended U.S.-style free enterprise Thursday as the cure for the world's financial chaos, not the cause. He warned foreign leaders ahead of a weekend summit not to crush global growth with...


November 14, 2008
Smoking Rate Is Declining in U.S.

By: WebMD

The percentage of Americans who smoke cigarettes has fallen below 20% for the first time since at least the mid-1960s, according to a new report


November 14, 2008
Oil Drops as Global Economic Slowdown Curbs Fuel Consumption

By: Bloomberg.com

Crude oil fell, heading for a second weekly decline, as the global economic slowdown cut fuel demand in the largest energy-consuming countries.

 


November 14, 2008
G-20: Shaping a new world order

By: CNNMoney

U.S. economic mettle tested as emboldened leaders of the world's 20 largest countries gather in Washington.


November 14, 2008
Wal-Mart earnings climb 10%

By: Arkansas Democrat Gizette

Profit at Wal-Mart Stores Inc. rose 10 percent in the third quarter that ended Oct. 31, but the company reduced its forecast for the fourth quarter, citing the growing strength of the dollar against other currencies that will...


November 14, 2008
Bailing Out Detroit: How Much Is Enough?

By: Forbes.com

What will it really take to right America's automakers? It seems more and more likely that Detroit will get a bailout from Washington in some form. If so, U.S. automakers will be faced with another pressing question: Will it be...


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