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NEW YORK (Reuters) — U.S. consumer sentiment wilted in early July to the weakest since March, when confidence in the financial […]
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When Jessi Neff conducted her first board meeting as the new chief executive of Flyer Enterprises, the pressure was on the university senior.
"I was nervous," said Neff, who’d spoken at the board meetings before, "but I never led the conversation."
In a room full of executives and board members, Neff delivered her strategy […]
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DETROIT — General Motors Corp. completed an unusually quick exit from bankruptcy protection on Friday with ambitions of making money and building cars people are eager to buy.
At a news conference, CEO Fritz Henderson said the revamped automaker will be faster and more responsive to customers than the old one. It will generate […]
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a favorite cash source for entrepreneurs — are vanishing.
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By Eilene Zimmerman, CNNMoney.com contributing writer
Last Updated: July 8, 2009: 12:29 PM ET
SAN DIEGO (CNNMoney.com) […]
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Nearly five months after President Obama signed the $787 billion stimulus bill, a still-worsening economy has many wondering if stimulus is a bunch of baloney.
In February, Obama promised that funds would be paid out quickly and save or create 750,000 jobs by early August.
Further, the boost to the economy would keep the unemployment […]
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Here come the California IOUs.
Unable to meet its bills for the second time this year, the state started printing IOUs on Thursday. Some 28,750 IOUs worth $53.3 million will be issued initially, mainly for personal income tax refunds.
The IOUs helps the state controller stave off a deficit of nearly $3 billion for July. The […]
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most will probably take the cash.
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By Peter Valdes-Dapena, CNNMoney.com senior writer
Last Updated: July 1, 2009: 10:31 AM ET
NEW YORK (CNNMoney.com) — With gas prices […]
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Personal income jumped more than expected, helped by an increase in unemployment benefit payments and lower taxes, while consumer spending edged higher, the government said Friday.
The Commerce Department said that personal income rose 1.4% in May, compared with an upwardly revised 0.7% increase in April. Analysts had expected a 0.3% increase, according to […]
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