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MSNBC.com: Business
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MSNBC.com is a leader in breaking news and original journalism.
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Economy turning around soon? Not likely
The economy pulled out of a dangerous rough patch in the spring, thanks largely to strong exports, but the rebound isn't expected to last.
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GM executives see profitability in 2010, maybe
A lot of things have to fall into place, but if all goes according to plan, top executives of General Motors Corp. are hoping the automaker will start making money again in 2010, Vice Chairman Bob Lutz said Thursday.
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Surprising GDP helps stocks close sharply up
Stocks extended their advance Thursday after a better-than-expected reading on the nation?s economy and a drop in jobless claims.
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Mortgage rates at lowest in more than a month
Rates on 30-year mortgages didn?t budge this week, while rates on other home loans were a mixed bag.
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Freezer sales heat up as cost of food climbs
Once relegated to the dank corners of the basement, shoppers are re-embracing the deep freezer, stashing bulk-sized purchases of meats, fruits and vegetables there as they work to combat rising food prices.
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Natgas cars: Clean, green, going nowhere
For drivers getting hammered by high pump prices, the Honda Civic GX, fueled by natural gas, would seem like an ideal option. But the alternative energy source faces challenges.
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Gustav may raise gas 15 cents a gallon
Oil prices shot above $120 a barrel and then pulled back as traders bet the government would tap the Strategic Petroleum Reserve if Tropical Storm Gustav disrupts production.
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Dem convention boosts Denver merchants
Denver merchants are smiling this week as they enjoy a big boost from the business of some 50,000 people attending the Democratic National Convention.
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Young workers show poor commitment to save
Fidelity says large numbers of young workers cash out their 401(k) accounts when they switch jobs, leaving them without an accumulation of cash for retirement.
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Newsweek: $250,000 a middle-class salary?
Barack Obama's tax plan promises to improve the nation's fiscal standing by scaling back tax cuts for people making more than $250,000. Since then, the business pundit class has been griping that people who make $250,000 a year aren't really wealthy.
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U.S. Open makes tennis briefly matter to fans
Among pro sports in the United States, tennis is a bit of a weakling.
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Economic growth revised higher
The economy shifted to a higher gear in the spring, growing at its fastest pace in nearly a year as foreign buyers snapped up U.S. exports and tax rebates spurred shoppers at home.
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Video: Diddy: 'Please send me some oil'
Aug. 28: High fuel prices have forced entertainer Sean 'Diddy' Combs to stop flying his personal jet, and settle for commercial flights. Combs then posted a video rant over this indignity on the web. (CNBC)
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Starbucks top brass won?t get raise next year
Top executives at Starbucks Corp will not be getting raises anytime soon, after the coffee chain?s first-ever quarterly loss as a public company.
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Toyota lowers global sales target for 2009
Toyota lowered its global sales target for 2009 by 700,000 vehicles to 9.7 million Thursday, hurt by rising material costs, a slowing U.S. market and soaring gas prices.
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Jobless claims fall for third straight week
The U.S. government says the number of people signing up for jobless benefits declined last week, the third straight drop from a six-year high reached earlier this month.
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Survey shows workers are anxious about jobs
American workers? confidence in the job market is as low as it was during the 2001 recession, according to a survey released Thursday.
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Gustav may hike gas before Labor Day weekend
The brief respite for consumers at the gasoline pump may come to an abrupt end if Tropical Storm Gustav slams into the petroleum-rich Gulf Coast and its numerous refineries, just as Americans begin packing up cars for the Labor Day weekend.
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Chemistry exam ? hydrogen cars put to test
Tom Albert drove his loaner Chevrolet Equinox like any other car.
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10 Tips: Get the most from your bank
An ever-growing legion of bank fees and other expenses can affect your bottom line more than you might imagine. Here?s how to get your bank to giveth rather than taketh away.
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