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Luxury Prices Are Falling; the Sky, Too   more similar news »
Black Friday had an unreal quality for stores selling luxury goods, as retailers had to drastically slash prices to stay afloat during a turbulent economy.
Thu Dec 04, 2008
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U.A.W. Makes Concessions in Bid to Help Automakers   more similar news »
The United Automobile Workers union’s surprise move to accept concessions could be critical in helping the auto industry secure $34 billion in federal aid.
Thu Dec 04, 2008
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In Banking, Top Obama Aide Made Money and Connections   more similar news »
Rahm Emanuel earned more than $18 million, gaining insight on the financial services sector but building ties with an industry now at the heart of the economic crisis.
Thu Dec 04, 2008
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Recession Trickles to India   more similar news »
After years of being blamed for job losses in America and elsewhere, India’s high-tech companies and outsourcing firms are going through a downturn of their own.
Wed Dec 03, 2008
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Economic Stimulus Plan Tied to Energy Savings   more similar news »
The so-called green component of a stimulus plan would cost at least $15 billion a year, and perhaps considerably more, aides said.
Wed Dec 03, 2008
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A Rush Into Refinancing as Mortgage Rates Fall   more similar news »
The Treasury’s efforts to jump-start the housing market led to a surge in mortgage refinancing activity, and officials are considering new ways to entice buyers.
Wed Dec 03, 2008
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Market Place: Fortress, the Hedge Fund, Is Crumbling   more similar news »
Shares in the Fortress Investment Group plummeted 25 percent, to $1.87, after the firm said that it had temporarily suspended redemptions at its largest fund.
Wed Dec 03, 2008
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Publishers Announce Staff Cuts   more similar news »
Random House announced a sweeping reorganization aimed at trimming costs, while Simon & Schuster said it was cutting 35 jobs.
Wed Dec 03, 2008
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Managers Win Auction for a Part of Lehman   more similar news »
Executives of Lehman Brothers Holdings investment management unit won an auction to buy the business from the bankrupt securities firm.
Wed Dec 03, 2008
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China Shuns Investments in West’s Finance Sector   more similar news »
The chairman of China’s sovereign wealth fund said that China had no plans for more investments in Western financial institutions, or any plans to “save” the world through economic policies.
Wed Dec 03, 2008
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Fed Report Shows Downturn After October Shocks   more similar news »
The economic downturn took a turn for the worse after the market shocks in October, and in November the problems only became worse, according to the Fed’s “beige book.”
Wed Dec 03, 2008
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G.M. Is Trying to Ease a Crushing Debt Load   more similar news »
As the Big Three Detroit automakers campaign for a federal bailout, General Motors is pleading with its anxious bankers and bondholders to lighten its debt burden.
Wed Dec 03, 2008
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An Online Sales Boom That May Not Last   more similar news »
Strong Web sales over the holiday weekend are unlikely to bail out the retail industry, which is contending with a recession and a sharp decline in consumers’ wealth.
Wed Dec 03, 2008
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Small Stores Find Ways to Drum Up Traffic   more similar news »
With fewer people out buying, some small businesses are doing whatever they think will draw in customers.
Wed Dec 03, 2008
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At Shubert, the Future Has Roots in the Past   more similar news »
The ascension of Philip J. Smith and Robert E. Wankel to the top of the Shubert Organization ended a 20-plus-year guessing game about the future of the largest theater-owning enterprise in the nation.
Wed Dec 03, 2008
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S.E.C. Issues Rules on Conflicts in Credit Rating   more similar news »
The new rules are designed to stem conflicts of interest and provide more transparency for the credit-rating industry, widely faulted for its role in the subprime mortgage debacle.
Wed Dec 03, 2008
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Contrite Over Misstep, Auto Chiefs Take to Road   more similar news »
The chief executives of Detroit’s Big Three, who took a drubbing for flying on private jets to Washington last month for a Congressional hearing, will be driving to get to the capital this time.
Wed Dec 03, 2008
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Auditors Urge Treasury to Add Bailout Controls   more similar news »
A government audit team issued its first full review of the bailout program since it was authorized on Oct. 3.
Wed Dec 03, 2008
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Economic Scene: Budgets Behaving Badly   more similar news »
Behavioral economists offer insight that could be of use to the Obama administration as it works to devise a long-term plan to reduce deficits.
Wed Dec 03, 2008
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UnitedHealth to Insure the Right to Insurance   more similar news »
The company will sell the right to buy an individual health policy in the future even if you become sick.
Wed Dec 03, 2008
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