Archive for July 29th, 2010

Meet Caterina Fake, the creative spark behind Hunch. Her big idea? Develop a web service that knows what you want before you even want it.




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If new estimates are right, China won’t import as much liquefied natural gas as once thought, leaving big energy companies — particularly Exxon Mobil — in the lurch.

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Yes, even with months of inventory languishing on the market, some real-estate experts see a day coming when demand for new homes will exceed supply.

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About 1.7 million American homeowners received foreclosure warnings in the first half of 2010, up 8% vs. the prior year, according to RealtyTrac, which predicts more-than 1 million American households are likely to lose their homes to foreclosure

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Retail stocks were among the big winners of 2009, rallying as the economy strengthened and consumer confidence rose. But now, as unemployment remains high and fears of a double-dip recession persist, the major stores are again struggling. Vera Gibbons, co

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This week’s grim report on consumer confidence confirmed what’s obvious to many: Americans are fearful about the state of the economy.

A recent survey by Deloitte and Harrison Group shows that 80% of Americans surveyed are focused on cut

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The Fed’s Beige Book survey provided some relief from the recent drumbeat of downbeat economic news - including Wednesday’s durable goods report.

“Economic activity has continued to increase, on balance, since the previous survey,&q

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Debt: In the long debate over financial reform, proponents repeatedly argued that an overhaul was needed to “prevent the next financial crisis.” Who’d have thought the real threat for another crisis was government itself?
That stunning assessment comes not from a think tank or political group, but the government itself. The nonpartisan Congressional Budget Office, whose job it is to make reasonable projections about the economy and budget, now says it’s not the financial sector that’s putting us at serious risk - it’s government’s almost insatiable desire to…

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