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SPwarnsofdowngradetoUScreditrating
From: Orlando Sentinel on Fri, Jul 15 2011 7:56 PM
Standard & Poor’s has warned that there is a 50 percent chance it will downgrade the U.S. government's credit rating within three months because of the political impasse over the nation's debt ceiling. (July 15)
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Bernankesays039chaos039wouldfollowUSdefault
From: Orlando Sentinel on Thu, Jul 14 2011 8:50 PM
Federal Reserve Chairman Ben Bernanke warned U.S. lawmakers that they would deliver a "self-inflicted" wound to the nation’s economy by holding up efforts to raise the government's borrowing limit. (July 13)
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Fedwouldsupplymorestimulusifneeded
From: Orlando Sentinel on Wed, Jul 13 2011 12:40 PM
Federal Reserve Chairman Ben Bernanke said Wednesday that the central bank is prepared to provide additional stimulus if the current economic lull persists. (July 13)
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Marketssinkasworriesrise
From: Orlando Sentinel on Mon, Jul 11 2011 5:50 PM
Stock markets were sharply lower in the U.S. and Europe as investors grapple with debt fears and economic jitters at home and abroad.
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LexustolosetopluxuryspotinUS
From: Orlando Sentinel on Mon, Jul 11 2011 5:50 PM
Toyota’s luxury brand, Lexus, will end its 11-year streak as the top luxury brand in the U.S. market, due to lost sales in the aftermath of the Japan earthquake and tsunami.
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BoehnerHousewontbackdealwithtaxhike
From: Orlando Sentinel on Mon, Jul 11 2011 5:50 PM
Speaker John Boehner said Monday that he agrees with President Barack Obama that the nation’s borrowing limit must be raised to avoid a government default but insists that House Republicans won't back any deal with tax increases. (July 11)
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HiringStallsUnemploymentupto92percent
From: Orlando Sentinel on Fri, Jul 08 2011 1:04 PM
Hiring slowed to a near-standstill last month. Employers added the fewest jobs in nine months and the unemployment rate rose to 9.2 percent. (July 8)
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ObamaUncertaintyoverdebtlimithurtshiring
From: Orlando Sentinel on Fri, Jul 08 2011 1:03 PM
President Barack Obama says the uncertainty over whether lawmakers will raise the nation’s debt limit is keeping businesses from hiring. Employers added the fewest jobs in nine months and the unemployment rate rose to 9.2 percent. (July 8)
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ECBraisesratesdespitedebtcrisis
From: Orlando Sentinel on Thu, Jul 07 2011 5:42 PM
The European Central Bank raised interest rates for the second time this year, as was widely expected, in a bid to cool inflation in the euro zone, despite the intensifying debt crisis in Greece and other countries.
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NYSEvoterssayyestoGermanoffer
From: Orlando Sentinel on Thu, Jul 07 2011 5:42 PM
Shareholders of NYSE Euronext threw their support behind a $9.6 billion takeover by Germany’s Deutsche Boerse.
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Govttoeaseforeclosurerulesforunemployed
From: Orlando Sentinel on Thu, Jul 07 2011 5:42 PM
The Obama administration is making it easier for out-of-work homeowners to stay in their homes, as it tries to revamp its signature but troubled foreclosure-prevention program. (July 7)
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UnemploymentafterAtlantisontheSpaceCoast
From: Orlando Sentinel on Thu, Jul 07 2011 11:06 AM
As the shuttle races around Earth at 17,000 miles per hour, more than 7,000 people at the Kennedy Space Center on Florida’s "Space Coast" will be preparing for unemployment in the coming weeks and months. (July 7)
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NBAlockoutloomsassidesfailtoreachdeal
From: Orlando Sentinel on Thu, Jun 30 2011 7:50 PM
Union chief Billy Hunter says NBA owners are planning to lock out the players after failing to reach a new collective bargaining agreement, potentially putting the 2011-12 season in jeopardy. (June 30)
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BankofAmericain85Bmortgagesettlement
From: Orlando Sentinel on Wed, Jun 29 2011 3:14 PM
Bank of America and its Countrywide unit will pay $8.5 billion to settle claims that the lenders sold poor-quality mortgage-backed securities that went sour when the housing market collapsed. (June 29)
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NonOPECgovtstoreleaseoiltodropprices
From: Orlando Sentinel on Thu, Jun 23 2011 7:26 PM
The International Energy Agency, which includes the U.S. and 27 other countries, will release 60 million barrels of oil from emergency stocks in an effort to stave off a possible spike in energy prices that could strain the global economic recovery. (June
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Saabhasnomoneytopaywages
From: Orlando Sentinel on Thu, Jun 23 2011 1:05 PM
Swedish carmaker Saab, owned by Netherlands-based Swedish Automobile, says it can’t pay wages to employees because it hasn't yet obtained necessary short-term funding.
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MoodyswarnsUKoncreditrating
From: Orlando Sentinel on Wed, Jun 08 2011 4:04 PM
Credit rating agency Moody’s says the UK could be downgraded if fiscal consolidation targets aren't met.
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MazdatoshiftproductionfromUS
From: Orlando Sentinel on Tue, Jun 07 2011 10:49 AM
Mazda will build the next version of its mid-size Mazda 6 in Japan; move means Japanese carmaker may end all U.S. production by 2013.
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JobsemergesfromleaveunveilsiCloud
From: Orlando Sentinel on Mon, Jun 06 2011 6:22 PM
Apple CEO Steve Jobs has briefly emerged from a medical leave as the company unveiled a new storage service and new software for Mac computers and mobile devices. (June 6)
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DowandSP500haveworststretchinyears
From: Orlando Sentinel on Fri, Jun 03 2011 9:21 PM
The Dow Jones industrial average and the Standard & Poor’s 500 index have finished their fifth straight week of losses. For the Dow, it's the longest losing stretch since July 2004. the S&P hasn't had it this bad since mid-2008. (June 3)
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