Archive for the “News From The Net” Category


Should investors abandon stocks?Like most things, there’s no simple answer to that question, which many Americans are asking themselves after the past year of steep declines and major drama.Of course, this shouldn’t be an “all or nothing” propos

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LONDON (Reuters) - China has told police to ensure social stability as its economy slows, U.S. inflation tumbled at a record pace and markets fretted on Wednesday about whether America’s stricken car industry would be rescued.



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NEW YORK (Reuters) - Stocks headed for a sharply lower open on Wednesday as diminishing prospects for a U.S. auto industry government rescue added to worries about the slumping global economy.



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WASHINGTON (Reuters) - Consumer prices dropped at the fastest rate on record in October and new home construction was at a record low, according to government reports on Wednesday that underlined how rapidly the economy was weakening.



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NEW YORK (Reuters) - Stock index futures fell on Wednesday as diminishing prospects for a U.S. auto industry government rescue added to worries about the slumping global economy.



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WASHINGTON (Reuters) - Consumer prices plummeted at the sharpest rate on record in October as a slowing economy caused energy costs to drop for a third straight month, according to a Labor Department report on Wednesday.



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Stocks are mixed in Asia as Shanghai oil stocks lead an advance. Europe is down with banks seeing the worst losses. The US looks set to decline, as stock index futures prices are down. Boeing is reportedly to delay deliveries of new planes.   

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LONDON (Reuters) - China has told police to ensure stability as its economy slows, Japan’s No.3 bank sought to beef up its depleted capital on Wednesday and markets fretted about the stricken U.S. car industry.



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Although the past few months have seemed like a slow-motion apocalypse for the financial sector, Christopher Whalen of Institutional Risk Analytics says competently run banks that have made sound loans still exist and will eventually be good stock buys.Su

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Christopher Whalen, managing director of Institutional Risk Analytics, was hailed by Fortune as one of the “Prophets of the Credit Crisis” for seeing danger long before it was obvious to most.But Whalen is no permabear and he does see some signs

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(Reuters) - Stock futures pointed to a lower Wall Street open on Wednesday, signaling a reversal of Tuesday’s gains. Dow Jones futures were down 1.4 percent, S&P 500 futures were down 1.5 percent and Nasdaq futures were down 2.2 percent at 4:30 a.m. EST.



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TOKYO (Reuters) - Reeling from a relentless sales slide, Toyota Motor Corp said on Wednesday it would stop all of its North American factories for two days next month, while rival Nissan Motor Co renewed its pessimism over the industry’s near-term prospects.



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LONDON (Reuters) - World stocks and oil fell on Wednesday while government bonds and the yen gained as U.S. automakers begged for a bailout from Washington, adding to evidence that the credit crisis is crippling the real economy.



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HONG KONG (Reuters) - Most Asian stocks edged down on Wednesday and regional currencies slid, as a plea from U.S. automakers for a bailout from Washington highlighted how the financial crisis is hurting broad swathes of the global economy.



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(Reuters) - Plane maker Boeing Co is reworking its entire production schedule, adding up to 10 weeks to original delivery dates for all 3,734 jetliners in its order backlog as it tries to recover from a machinists’ strike, the Wall Street Journal said, citing people familiar with the situation.



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