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Treasury invests $15B more in banks(CNN)
The Treasury Department said Monday it had invested $15 billion in another seven banks, including two companies that recently completed large takeovers of other banks. |
FBI goes on massive hiring blitz(CNN)
Despite a bleak economic environment featuring wide-ranging layoffs and rising unemployment, the nation's premier law enforcement agency is touting "one of the largest hiring blitzes in our 100-year history." |
Consumer bankruptcies jump in 2008(CNN)
Bankruptcy filings by American consumers increased nearly a third in 2008, according to a new report. |
Sharp drop in small business loans(CNN)
The credit freeze afflicting America's small businesses shows no signs of thawing. In the last three months of 2008, the Small Business Administration's flagship loan-guarantee program backed less than half the number of loans it approved a year earlier - a sign that fewer entrepreneurs are getting financing to start or expand their ventures. |
Citgo suspends low-income oil program(CNN)
Venezuela's Citgo Petroleum is suspending a program that provides discounted home heating oil to lower-income residents in U.S. communities, an energy group announced Monday. |
Gold sinks to 2-week low(CNN)
The price of gold fell to a two-week low Monday as the U.S. dollar rallied on new details about President-elect Barack Obama's fiscal stimulus plan. |
Kick the debt habit(CNN)
The year of 2008 was marked by massive 401(k) losses, more people out of work and more homes in foreclosure. But 2009 can be different for your wallet. Here's how to kick your debt habit. |
Congress looks for answers in Madoff scandal(CNN)
Lawmakers took a hard look Monday at the alleged $50 billion investment scam engineered by Bernard Madoff that has sent shock waves across the nation's already fragile financial system. |
What Detroit should do in '09 and beyond(CNN)
It looks like the annual Detroit auto show won't be the wake next week that everybody is expecting. |
Laid off? Hyundai will take your car back(CNN)
Hyundai Motor America is taking aim at Americans' worries about job security: If you buy a new Hyundai and lose your job within a year, you can give it back. |
Russia further reduces gas flow to Europe(CNN)
Read full story for latest details. |
Auto sales plunge again in December(CNN)
Battered by tight credit and the worst recession in decades, industrywide U.S. auto sales plunged 36% from year-ago levels in December, a decline that hit all of the major automakers, both foreign and domestic, and capped the industry's worst year since 1992. |
Giving Intel and AMD a run for their money(CNN)
You've likely never heard of ARM, a small U.K. company that doesn't advertise or put its name on any products. But chances are that as you read this, you're within sight of an "electronic brain" that ARM designed -- its handiwork lives in items as diverse as GPS navigators, camcorders and the Nintendo DS. |
Tyson CEO leaves job, effective immediately(CNN)
Read full story for latest details. |
Tyson CEO leaves job, effective immediately(CNN)
Read full story for latest details. |
Tax cuts: Pillows for a hard landing(CNN)
So it looks like about 40% of President-elect Barack Obama's stimulus plan will come in the form of tax cuts. |
Stocks finish lower(CNN)
Stocks fell Monday, retreating after last week's big rally, as investors digested President-elect Barack Obama's stimulus plan, monthly auto sales and surging oil prices. |
