Archive for June 5th, 2008

Fidelity slashing 550 jobs

Thursday, June 5th, 2008
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Fed approves BofA, Countrywide deal

Thursday, June 5th, 2008
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Fed OKs BofA-Countrywide deal

Thursday, June 5th, 2008
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Homes in foreclosure top 1M

Thursday, June 5th, 2008
More than one million homes are now in foreclosure, the highest rate ever recorded, according to a trade group which warned Thursday that the crisis will continue to worsen.

Fed: Firms curb emergency borrowing

Thursday, June 5th, 2008
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HP’s solution to green energy

Thursday, June 5th, 2008
Hewlett-Packard's research into new imaging technology produced an unexpected bonus - transparent electronics that can be used to generate green energy.

Americans $1.7 trillion poorer

Thursday, June 5th, 2008
Americans saw their net worth decline by $1.7 trillion in the first quarter - the biggest drop since 2002 - as declines in home values and the stock market ravaged their holdings.

Oil barrels back in $5 surge

Thursday, June 5th, 2008
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Stocks rally on economic news

Thursday, June 5th, 2008
Stocks surged late Thursday, with the Dow jumping over 180 points, as investors embraced a surprise dip in weekly jobless claims, stronger-than-expected May retail sales and a merger in the telecom sector.

Oil barrels back

Thursday, June 5th, 2008
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