India demanded Monday that Pakistan take "strong action" against those behind the deadly Mumbai attacks, and Washington pressured Islamabad to cooperate with the investigation. The only known surviving attacker told police that his group trained for ...
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CHICAGO, Dec 1 (Reuters) - Sales at U.S. specialty apparel retailers rose 1.6 percent on Friday and Saturday from a year earlier, but sales at electronics specialty retailers fell 14.3 percent, according to data from SpendingPulse. Luxury retailers ...
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Most Americans sorely knew it already, but now it's official: The country is in a recession, and it's getting worse. Wall Street convulsed at the news — and a fresh batch of bad economic reports — tanking nearly 680 points. With the economic pain ...
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MINNEAPOLIS -- Airline shares fell Monday amid a broader market plunge and as lower oil prices failed to assuage investors' worry that a soft economy will hurt travel demand and carriers' bottom line. Oil prices fell more than 6%, below $51 a barrel ...
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WASHINGTON (MarketWatch) - The Federal Reserve has lowered interest rates just about as far as they can go, but the U.S. central bank still has plenty of available firepower it could deploy to restore financial markets to normal, Fed Chairman Ben ...
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Oil prices fell to near $52 a barrel today, a drop of over 4% from Friday, after OPEC decided not to cut production at an informal meeting in Cairo on Saturday. By midday in Europe, light, sweet crude for January delivery was down $2.37 to $52.06 a ...
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By Terry Blount ESPN.com Only Texas Motor Speedway president Eddie Gossage can turn an announcement of a seat-reduction plan into a good thing. In response to the economic recession that has affected most tracks which play host to NASCAR events, TMS ...
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