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Stock market slump reflects recession pessimism (Baltimore Sun) Dow down over 7% yesterday; no sense of when recession could end It's official, if not exactly surprising: The U.S. economy is in recession, declining instead of growing stronger — and it has been for almost a year. What's more, the slide may continue well into next year or even beyond, challenging government policy-makers to devise new responses as traditional methods show limited results. ...
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US Cash Cattle Pre-Open: Traders Unsure Of Market Outlook (INO News) KANSAS CITY (Dow Jones)--After Monday's steep declines in live cattle and feeder cattle futures markets, traders in the Plains on Tuesday are a little gun shy about what to think of the cash market this week.
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No bailout for Yahoo (Bangkok Post - Thailand's English news) Jerry Yang, who made containers full of money when he took his baby Yahoo to the stock market, found out that he also lost control of the company he founded; chairman Roy Bostock rallied the board of directors, they delivered the ultimatum, and CEO Yang announced he would "resign", a word which in this case meant "kicked out of his own company and humiliated"; Yahoo has been on a financial ...
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