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Mortgage rates continue to fall

Thursday, December 4th, 2008

Mortgage rates fell this week, reaching levels not seen since January, as the government steps up its efforts to aid the ailing housing market.

Oil under $45 as global economy falters

Thursday, December 4th, 2008

Oil prices dipped below the $45 mark Thursday as concern about the economies of Europe and the United States continued to weigh on energy demand.

Stocks dip after two-day rally

Thursday, December 4th, 2008

Stocks slipped Thursday afternoon as a rash of job cuts at major companies and weak November retail sales gave investors a reason to retreat after two up sessions.

Factory orders decline in October

Thursday, December 4th, 2008

New factory orders fell in October for the third straight month, the government announced Thursday, with the decline exceeding economists’ expectations.

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.

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