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Treasury and Fed pledge rapid response to crisis (AP) |
The president's top economic advisers are pledging to work with their counterparts around the world to restore confidence and stability to financial markets roiled by tight credit and worries about a global economic slowdown .
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Europe governments strive to avoid bank meltdown (AP) |
European governments struggled to find a coordinated response to the crisis sweeping financial markets Monday, as countries one after the other announced sweeping deposit guarantees on their own to try and shore up their banks.
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Wall Street tumbles amid global sell-off (AP) |
Wall Street tumbled again Monday, joining a sell-off around the world as fears grew that the financial crisis will cascade through economies globally despite bailout efforts by the U.S. and other governments.
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UK's Darling: Europe must cooperate on economy (AP) |
British Treasury chief Alistair Darling says European countries must work together to tackle problems in the banking system.
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Research and Markets: Unique Report - US Federal Government Telecom Services & Equipment Expenditures, 2007-2012 (Business Wire) |
DUBLIN, Ireland----Research and Markets has announced the addition of the "US Federal Government Telecom Services & Equipment Expenditures, 2007-2012" report to their offering.
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Credit markets still clogged, Treasurys rally (CNNMoney.com) |
Credit markets were still choked Monday, as the financial crisis spread throughout Europe, and investors reacted to the $700 billion bailout plan signed by President Bush.
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Economy creates surge in homeless Mass. families (AP) |
There's been a surge in the number of homeless families in Massachusetts -- a spike that has overwhelmed the state's shelter capacity and forced it to again place homeless families in motels.
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PRG-Schultz plunges on rejected Medicare contract (AP) |
Shares of auditing company PRG-Schultz International Inc. plummeted Monday after the company said it failed to win an auditing contract from the federal Medicare program.
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Credit still tight as Europe governments scramble (AP) |
The jammed credit markets barely budged Monday as European governments scrambled to prop up their failing banks and investors waited for details on how, exactly, the Treasury will go about buying $700 billion of U.S. banks' mortgage assets.
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Gold & Silver Bald Eagle Coins Going Fast - as United States Mint's December 12th Offer Deadline Quickly Approaches! (Business Wire) |
PIGEON FORGE, Tenn.----The non-profit American Eagle Foundation announced today that United States Mint's 2008 Bald Eagle Commemorative Coins are selling very well, and have already raised over $6 million dollars for the future protection of Bald Eagles.
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Spain's Zapatero to meet with bank chiefs (AP) |
Prime Minister Jose Luis Rodriguez Zapatero has called a meeting Monday with top representative of Spain's banks to discuss ways of handling the economic crisis.
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Germany pledges to secure deposits (AP) |
The German government on Monday defended its pledge to guarantee personal savings amid ongoing market turbulence as "an important step at the right moment."
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Economists say shaky economy may last for a while (AP) |
A growing number of economists believe the country is on the brink of -- or already in -- its first recession since 2001 and that it will be longer lasting.
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Designers play it safe as economy sours (AP) |
Paris Fashion Week ended on Sunday, capping a season which saw designers play it safe to coax customers into stores despite the global financial crisis.
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Venezuela bureaucrats told to trim high living (AP) |
Bureaucrats in oil-rich Venezuela can look forward to fewer expensive SUVs, top-of-the-line mobile telephones and whiskey-fueled parties next year.
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Top Spanish Renewable Energy Firms Offer Technology and Investment to California During Visit This Week (Business Wire) |
SACRAMENTO, California----To help California meet surging demand for renewable energy, Spain's leading firms are visiting California this week, meeting with major utilities, economic development officials, legislators, regulators, private firms, the Lt.
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Sports Properties Acquisition Corp. Announces Trust Investment Details (Business Wire) |
NEW YORK----Sports Properties Acquisition Corp. , announced today details related to its assets being held in trust. The trust assets are held in a trust account at Deutsche Bank Trust Company Americas, with Continental Stock Transfer & Trust Company as trustee.
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New Zealand economy faces slow growth, rising debt (AP) |
New Zealand's economy is facing slow growth and rising debt levels as it battles a return to budget deficits after eight years of surplus amid international financial turmoil, the government and Treasury said Monday.
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EU plots ways to contain European banking turmoil (AP) |
EU finance ministers on Monday begin two days of talks to plot a strategy to contain the turmoil sweeping European banks and to debate ways to increase oversight of the financial sector.
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GSA Certification Sparks Surge in Federal Interest for Moonwalk (Business Wire) |
MILTON, Australia----Moonwalk Inc. today announced that its GSA certification has created a new vibrant sales channel that makes it quick and easy for U.S. federal government agencies to purchase the company’s award-winning enterprise data management software.
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