Auction-Rate Securities scandal rocks Merrill Lynch - New York State Attorney General Andrew M. Cuomo ready to move to ensure his Governorship
Joseph Purdue
New York has subpoenaed about 25 firms involved in sales of auction-rate securities...
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Gold slumps below $800 as dollar extends rally but it may be the bottom of a corrective pattern as world economies slow and inflation accelerate
Alan Hershey
Gold fell below $800 an ounce for the first time this year on Friday as the recent sell-off in the commodities sector gathered pace.
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Oil and food make consumer price index explode on the upside – the stagflation is the major challenge for the Federal Reserve
Marla Guthrie
The fast acceleration in prices of oil and food has shown its major impact in the consumer price index.
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Oil surges on weak inventory, retail sales slumps – stagflation continues to hit the heart of the economy
Joe Weinman
Wall Street tumbled sharply as inflation worries remerged and the retail sales data...
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Dollar gains from shrinking trade deficit and increasing weaknesses in EU and Japanese economies
Fred Day
US Dollar’s upward rise is boosted by the shrinking trade deficit and the increasing...
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Consumers are trimming spending as gasoline prices remain near $4 a gallon, home values fall, credit becomes more difficult to obtain and the job market weakens
Fred Day
The US economy is weakening very fast. The reports this week will show, service...
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Oil price will fall very slowly extending the bear market in stocks for another seven years – demography shift favors shorting stocks
Karen Zuba
The oil market is showing signs of long term top. The fundamentals point to a classic...
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The oil genie – how it will kill the oil companies in the next ten years
Alan Hershey
The oil genie was created to boost the profits of the oil companies. The lower dollar...
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Bush legacy – a failed capitalist did everything a socialist leader would have done
Paula Rabke
He was elected by the conservatives and corporate special interests. He tried to serve...
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The financial meltdown continues as US regulators took over two banks on Friday and sold them to Mutual of Omaha Bank
Marla Guthrie
The banking and financial meldown is accelerating. But the US Federal Reserve and the Administration...
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Fail-safe Fannie and Freddie – now Bush faces biggest humiliation signing America into a socialist state
Fred Day
US President George Bush faces life’s biggest humiliation. His economic policies and Federal Reserve’s failure now require that the Government finally step in to save...
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Home Sales, Durables Orders point to economy getting from recession to depression, Dow will break below 10,000 in the next three months
Joe Weinman
Dow Jones Industrial Average will break below the 10,000 mark within the next three to four months.
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