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More Americans say recession is serious

Thursday, December 4th, 2008

More than four out of 10 Americans say the economy is in a serious recession, a belief that has grown stronger within the past few weeks, according to a poll released Thursday.

Bank-to-bank lending eases

Thursday, December 4th, 2008

Bank to bank lending rates continued to march lower, as a trio of European central banks slashed their key interest rates, a move that markets had largely expected.

Kashkari: Rescue fund needs adequate resources

Thursday, December 4th, 2008

Read full story for latest details.

Job cuts at AT&T, DuPont, Viacom, Credit Suisse

Thursday, December 4th, 2008

The job market was dealt a savage blow on Thursday: AT&T Inc., DuPont Co., Viacom Inc. and Credit Suisse Group all said that they would cut a total of 20,650 staff jobs, blaming the weak economy.

Get your money!

Thursday, December 4th, 2008

It’s a tough economy, and that spells bad news for small business owners who are trying to get paid.

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