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Fannie, Freddie plunge again

Business and financial news - CNNMoney.com @ August 20, 2008 # No Comment Yet

Battered mortgage giants Fannie Mae and Freddie Mac took yet another hit at the start of trading Wednesday as concerns grew about a possible government bailout.

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The only way to fix Social Security

Business and financial news - CNNMoney.com @ August 20, 2008 # No Comment Yet

John McCain and Barack Obama both talk about how they would put Social Security on sound financial footing.

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Developed Economies' Growth Slows Amid Credit Crunch, Inflation - Wall Street Journal

Google News - Business @ August 20, 2008 # No Comment Yet

Developed Economies' Growth Slows Amid Credit Crunch, Inflation
Wall Street Journal - 49 minutes ago
By PAUL HANNON LONDON — Developed economies grew at the slowest rate in almost seven years during the second quarter, figures released by the Organization for Economic Cooperation and Development showed Wednesday.
UPDATE 1-OECD: Norway rates to stay high, wants tight budget Forbes


US Sees Biggest GDP Gain out of Major Seven OECD Countries Wall Street Journal Blogs
Bloomberg - IPE.com - Forbes - Forbes
all 18 news articles

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Radian shares tumble on Fannie, Freddie woes - Forbes

Google News - Business @ August 20, 2008 # No Comment Yet


Turkish Press
Radian shares tumble on Fannie, Freddie woes
Forbes - 52 minutes ago
AP 08.20.08, 12:05 PM ET Shares of mortgage insurer Radian Group Inc. plunged Wednesday on concerns over the well-being of mortgage finance companies Fannie Mae and Freddie Mac.
Freddie, Fannie stock slide picks up pace MarketWatch


US Stocks Drop as Fannie Mae, Freddie Mac Plunge; UAL Falls Bloomberg
TheStreet.com - guardian.co.uk - The Associated Press - New York Times
all 953 news articles

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America’s most dangerous jobs

Business and financial news - CNNMoney.com @ August 20, 2008 # No Comment Yet

Workplace fatalities dropped in the United States during 2007, but the number of murders in the workplace jumped.

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MMX Soars as Credit Suisse Says Buyout Offer `Likely' (Update1) - Bloomberg

Google News - Business @ August 20, 2008 # No Comment Yet


AFP
MMX Soars as Credit Suisse Says Buyout Offer `Likely' (Update1)
Bloomberg - 57 minutes ago
By Paulo Winterstein and Diana Kinch Aug. 20 (Bloomberg) — MMX Mineracao & Metalicos SA, the mining company controlled by Brazilian billionaire Eike Batista, rose the most in its two years as a public company after Credit Suisse said it is “likely''
ArcelorMittal buys London Mining out of Brazil Forbes


ArcelorMittal buys Brazilian iron mine AFP
FOXBusiness - Wall Street Journal - Reuters - BBC News
all 190 news articles

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Listen up! The bond markets are talking

Business and financial news - CNNMoney.com @ August 20, 2008 # No Comment Yet

Bond prices have rallied lately. And that’s both a good thing and bad thing.

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Oil tumbles on surge in crude supplies - CNNMoney.com

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Oil tumbles on surge in crude supplies
CNNMoney.com - 1 hour ago
Futures turn lower after a government energy supply report shows that stockpiles of crude jumped much more than expected last week.
Flush supply report reverses oil price gain Houston Chronicle


US crude supply posts biggest rise in seven years MarketWatch
BusinessWeek - Forbes - RTT News - Action 3 News
all 32 news articles

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Oil tumbles on surge in crude supplies

Business and financial news - CNNMoney.com @ August 20, 2008 # No Comment Yet

Oil prices turned lower Wednesday after a government report said crude inventories shot up much more than expected in the past week.

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Faking the good life to get harder

Business and financial news - CNNMoney.com @ August 20, 2008 # No Comment Yet

We made it through the bursting of the Internet bubble and now the bursting of the real estate bubble. Next we may be approaching the end of the most worrisome bubble of all: the standard-of-living bubble.

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