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A collection of news and information related to Economy published by Tribune Company sources.
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Live blogging the final Barack Obama and John McCain debate
Los Angeles Times Staff Writers7:25 p.m. Unlike the previous debates, which focused largely on the economy and foreign policy, tonight Schieffer is asking questions about a wide range of issues -- from abortion to education. While the candidates agree that America should have more...Tags: NBC, Interior Policy, Hempstead (Hempstead, New York), Bill Ayers, Television Industry
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Pump prices take a nosedive
tom.incantalupo@newsday.comHeating oil and gasoline prices continue to decline, giving consumers a welcome break. But the reason for the drop isn't welcome at all: the slowed economy, which is reducing demand for energy. The average price for heating oil on Long Island fell...Tags: Petroleum Industry, Federal Reserve, New York Mercantile Exchange, AAA, Ben Bernanke
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Recession fears send stocks tumbling anew
The Associated PressInvestors agonizing over a faltering economy sent the stock market plunging all over again today after a stream of disheartening data convinced Wall Street that a recession, if not already here, is inevitable. The market's despair propelled the Dow...Tags: Washington Mutual Inc., New York Mercantile Exchange, Wachovia Corp., Sales, Lehman Brothers Holdings Incorporated
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Commodities prices drop sharply as recession worries prompt massive capital flight
AP Business WriterNEW YORK (AP) _ Commodities prices plunged Wednesday as a darkening economic outlook once again led frightened investors to pull their money out chaotic financial markets. Crude oil, copper and agriculture futures all fell. The big pullback came as the...Tags: Chicago Board of Trade, Petroleum Industry, New York Mercantile Exchange, Commodity Markets, Metal and Mineral
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Meltdown 101: What is the beige book _ and what does it say about the economy?
AP Business WriterWASHINGTON (AP) _ The Federal Reserve provided fresh evidence Wednesday that the financial crisis is hammering the economy, sending the stock market plummeting as fears of a long recession increase. The news came in the Fed's "beige book," a report...Tags: Federal Reserve, Deutsche Bank AG, Banking, U.S. Department of Treasury, Economic Indicator
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World stocks drop as US retail sales slump stokes recession fears
AP Business WriterLONDON (AP) _ World stocks tumbled Wednesday after poor U.S. retail sales data provided fresh evidence that global efforts to restore confidence in the financial system will not be enough to stave off a deep recession. Wall Street followed Europe and...Tags: Central Bank, Petroleum Industry, New York Mercantile Exchange, Sales, BHP Billiton Plc
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Stocks fall as retail sales show steep drop
Investors agonizing over a faltering economy sent the stock market plunging all over again Wednesday after a stream of disheartening data convinced Wall Street that a recession, if not already here, is inevitable. The market's despair propelled the Dow...Tags: Washington Mutual Inc., Federal Reserve, New York Mercantile Exchange, Sales, Lehman Brothers Holdings Incorporated
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Oil prices extend decline, fall below $75 after OPEC reduces demand forecast
AP Business WriterNEW YORK (AP) _ Oil prices closed below $75 a barrel for the first time in nearly 14 months Wednesday after OPEC, fearing that a severe global economic slowdown is unavoidable, slashed its 2009 petroleum demand forecast. Another bad day on Wall Street...Tags: $700 Billion Bank Bailout, New York Weather, Hurricanes, Petroleum Industry, New York Mercantile Exchange
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US confronts possibility of long, deep recession not seen in many years
AP National WriterNEW YORK (AP) _ The U.S. has not endured a deep and prolonged recession in more than a quarter century — enough time for many Americans to forget what one feels like. But unlike the last two relatively short recessions, this one could be much...Tags: Petroleum Industry, Inflation and Deflation, Wachovia Corp., Government, Ronald Reagan
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Oil falls below $79 a barrel
Associated PressOil prices fell below $79 a barrel in choppy trading yesterday as investors took profits from the previous day's rally and shifted their focus back to signs of dwindling world energy demand. A falling U.S. stock market, a day after a record-breaking...Tags: Petroleum Industry, New York Mercantile Exchange, Wright Express Corporation, Commodity Markets, Energy Saving
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Howard officials predict budget shortfall
Howard County could see a slight revenue shortfall this fiscal year instead of the $12 million surplus predicted a year ago, but the worst news may yet be coming, officials say. With state budget cuts looming amid a struggling economy, county budget...Tags: Property, Budgets and Budgeting, State Budgets, Vehicles, Ellicott City
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Dueling economic visions
The race for the White House has become a contest of economic prowess - who has the best plan to ease the nation's financial crisis and help average Americans in distress. The latest proposals from Sens. Barack Obama and John McCain are intended to...Tags: Unemployment, 401K, George Bush, The White House, Credit and Debt
Oct 15, 2008
|Story| Los Angeles Times
Oct 15, 2008
|Story| Newsday
Oct 15, 2008
|Story| Associated Press
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|Story| Associated Press
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|Story| Associated Press
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|Story| Associated Press
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|Story| Newsday
Oct 15, 2008
|Story| Associated Press
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|Story| Associated Press
Oct 15, 2008
|Story| Baltimore Sun
Oct 15, 2008
|Story| Baltimore Sun
Oct 15, 2008
|Story| Baltimore Sun
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