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MW: Economic Report: U.K. factory gauge jumps to 15-year high
Obama will propose a $3.8 trillion budget for fiscal 2011 that projects the deficit will shoot up to $1.6 trillion this year, but would push the deficit down to about $700 billion, or 4% of GDP, by 2013.
In this excerpt from "On the Brink: Inside the Race to Stop the Collapse of the Global Financial System," the former Treasury secretary details the tense hours leading up to Lehman Brothers' bankruptcy.
After a 20-year boom in charitable donations, a decline in giving is prompting cutbacks, mergers, closures among nonprofits.
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Toyota said on Monday that it has already begun shipping a fix to the gas pedal problem involved in the recall of millions of vehicles.
Recipients of economic-stimulus money said they had used the funds to pay 599,108 workers in the last quarter of 2009, fewer than the number of jobs they had reported to have created or saved in the first seven months after the plan was enacted.
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The bank's new chief executive, reversing years of past practice, is spending much of his time in Washington, seeking to gain a voice on legislation and avoid repeating recent regulatory sparring.
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The $9.99 bestseller that helped Amazon.com build a dominant position in the thriving e-book market was at risk of extinction after Amazon capitulated in a battle sparked by the launch of Apple's new iPad.
The business and government leaders who gathered at the World Economic Forum are pinning high hopes on developing countries to keep the world economy growing, amid widespread worry about the strength of recovery in advanced economies.
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With stocks down 6% from that Jan. 19 high, analysts and investors are concerned the market could be in for a period of ragged, possibly disappointing, stock behavior.
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Three times in the past 15 months, voters have rejected tax levies that would have kept an Ohio school district in the black. On Tuesday, voters will face the biggest request yet—a new real-estate tax that amounts to $519 per $100,000 of assessed value.
Exchange-traded funds are easy to buy and sell. But investors can get caught paying too much or receiving too little if they aren't careful.
Republican lawmakers are renewing a push to block foreign terrorist suspects from getting trials in U.S. civilian courts.
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President Barack Obama's plan to reduce the deficit faces a tough battle on Capitol Hill, and prospects for a rapid return to fiscal austerity remain slim.
The U.S. and its allies in the Persian Gulf have stepped up their military defenses in recent months in response to Iranian missile tests and Tehran's continued defiance of international efforts to curtail its nuclear program, according to U.S. officials
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Many Japanese newspapers and magazines have portrayed the Toyota recall as the resurgence of 1980s-era trade tensions, and hostility to Japanese commerce.
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Korea Exchange Bank said Monday the creditors of Hynix Semiconductor have extended the deadline for accepting bids for their stake in the chip maker to Feb. 12.
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Gold traded nearly unchanged, helped by a bounce in the euro against the dollar and reports of decent physical buying.
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The financial crisis spurred scam artists to target people with misleading "free" trials and other ruses; consumers should remain vigilant about where they spend their dollars.
China often views the ideas of foreigners—from missionaries in the 17th century to 21st-century Internet entrepreneurs—as subversive imports. The history behind the clash with Google.
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The former PM reminds the world why Saddam had to go, and the lesson for Iran.
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Margaret Tahyar clerked for Supreme Court Justice Thurgood Marshall and Judge Robert Bork. These days she's a partner at a law firm, specializing in financial institutions and regulations--having spent a chunk of her career overseas.
The 19th-century building owned by Thomas Lauderdale, the founder and pianist of orchestral band Pink Martini, is a lot like his music: retro, campy bohemian with a strong emphasis on the past.
When you can't run your business by yourself, it's time to hire your first employees.
Speakeasy provided minute-by-minute analysis of the Grammy Awards.
On Nov. 28, 1978, as Iran was hurtling toward Islamic revolution, a zoologist landed at Tehran's Mehrabad Airport, coming from Tel Aviv, carrying a blow-dart gun disguised as a cane and secret orders from an Israeli general.
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How digital tablets are redefining the 'book.'
America's most elegant, adventurous, and addictive crosswords and other word games.
Unlike this president, John Kennedy was an ironist who never fell for his own mystique, writes Fouad Ajami.
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Venezuela's president promises 'radical measures.'
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