Wednesday, December 3, 2008
The major Wall Street indexes saw big swings throughout the day, but all closed up more than 2 percent, giving the market its second straight advance.
Fourth in a series
As world hunger worsened this past year, some blamed countries that limited trading and began to hoard food. Others blamed free trade policies.
Worker productivity slowed in the summer while wage pressures increased, but both developments were better than expected and are unlikely to raise inflation alarms at the Federal Reserve.
Delta will reduce capacity again as people curtail travel in a recessionary economy. International flying will shrink 3 to 5%.
As parents check off their gift lists for their kids, a new report shows that lead and other dangerous chemicals remain in many toys.
Tom Petters' trial is set for February on fraud and conspiracy counts, but a defense lawyer says it's unlikely he can be ready that quickly.
As advertising revenue declines, the newspaper wants its workers to accept modifications to their contracts.
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In times of economic anxiety, there is a natural tendency to cut back and pull back. One has to do with economics, the other concerns attitude. Faced with slumping sales and declining stock prices, companies will naturally cut spending, a short term impulse that undermines long term thinking. People who have lost jobs or fear [...]
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