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German Chancellor Angela Merkel and other EU leaders flatly rejected a new multibillion-dollar bailout for eastern Europe on Sunday, suggesting that additional aid be given to struggling nations on a case-by-case basis. ...more
March 2, 2009
Who hasn't driven by a gas station lately and seen prices hovering around $2 a gallon and not felt positively giddy? It's as if motorists have awakened from a bad dream where the price of a gallon of gas was almost twice that and our car-loving culture and fragile household budgets were being strangled. ...more
November 14, 2008
When city officials needed money for the Central Park Village redevelopment project, they turned to the bond markets. ...more
October 19, 2008
Lehman Brothers, in a desperate bid to survive, announced plans Wednesday to sell a majority stake in its prized investment management business and said a sale of the entire company is possible. ...more
September 11, 2008
Individuals and businesses are likely to see their borrowing costs drop further as the Federal Reserve weighs another interest-rate reduction to bolster a sagging economy. ...more
January 30, 2008
The United States has regained its status as the world's most competitive economy thanks to strong innovation and excellent universities, according to a survey released Wednesday by the World Economic Forum. ...more
November 1, 2007
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