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BUSINESS HIGHLIGHTS
Jobless Claims Jump As Housing Market Gets Weaker WASHINGTON (AP) - Two cornerstones of the economy - jobs and housing - sank to new depths Thursday, with unemployment claims bolting higher and home prices recording one of their steepest drops on record. ...more
July 27, 2008
Fed Keeps Rate Cut Options Open
The message from Ben Bernanke and his Federal Reserve colleagues is clear: The housing slump will drag on well into next year as credit problems linger. What's not so apparent is how they will deal with the crisis, although another interest rate cut could come this week. ...more
October 30, 2007
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