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Job cuts cast dark cloud over economy
- 9 Hours ago
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As the economic outlook worsens, job cut announcements have come in hard and fast this week from businesses across the nation. Citigroup (C, Fortune 500) announced Monday it will cut more than 50,000
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Global GDP growth to decline to 2% in 2009
- 67 Minutes ago
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Global GDP growth in purchasing power parity (PPP) terms is expected to slow down to a mere 2 per cent in 2009, according to a research report from the Economist Intelligent Unit (EIU), the global leader
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Obama economic team takes shape
- 2 Hours ago
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Former Treasury Secretary Lawrence Summers, who lost out to New York Federal Reserve President Timothy Geithner for the Treasury post, is expected to be the top economic adviser in the Obama White House,
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