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On Tuesday, House Speaker John Boehner all but promised an ugly fight over the debt ceiling this year unless GOP demands for spending cuts are met.
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There's plenty of economic pain to go around these days because of the recession. Now there's this: Gas prices have surged nearly 9% over the past two weeks.
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The credit card business has grown so wretched that one major issuer is clipping its customers' cards and giving its investors a haircut.
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Two federal agencies warned consumers Friday not to eat raw Nestle Toll House refrigerated cookie dough.
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In another sign the company is preparing for a possible bankruptcy filing within the next two weeks, General Motors has agreed to speed up payments to 1,500 suppliers who provide it with the parts it needs to make cars in North America.
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Still lucky enough to have a job? You're likely doing the work of two or three people, working longer hours and not getting any extra pay.
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When it comes to raising capital in the current economic environment, being married to a Google co-founder has its advantages.
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Last year it seemed as if the proud wine growers of Bordeaux might actually have to share the financial pain the rest of us were going through. After a wet summer with little sunshine, even the Bordelais -- who like to think their reds are the global benchmark for quality -- were conceding that the 2008 vintage might not be one for the history books. Everyone else hoped that after an overpriced 2007 vintage, Bordeaux prices, which have been mounting steadily over recent vintages, might descend from the stratosphere, aided by weaker global demand.
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