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By Judith MacInnes
The announcement that the recession began in December 2007 came on a day when the Dow dropped more than 7 percent.
December blew in with a mighty chill on Wall Street. In six and a half hours on Monday, the Standard & Poor’s 500-stock index declined nearly 9 percent — the type of collapse that, historically, has taken years to occur.
"Circus" Britney Spears (Jive) It's time for another Britney Spears comeback: Call this one the remix version. It was only last year that our damaged [...]
NEW YORK (AP) — Confirmation that the nation is in a recession and signs pointing to a prolonged downturn sent Wall Street plunging once again Monday, hurtling the Dow Jones industrials down more than 600 points and erasing a huge chunk of last week’s big gains. All the major indexes fell more than 7 percent.
HONG KONG: Asian equities slid on Dec 2 after signs of a deepening global economic slump slammed stocks worldwide the previous day, driving benchmark US Treasury yields to their lowest since the 1950s.
The Forbes.com Investor Team tries to build a portfolio of stocks and bonds that will rebound strongly next year.
NEW YORK – December blew in with a mighty chill on Wall Street. In 6½ hours yesterday, the Standard & Poor's 500-stock index declined nearly 9 percent – the type of collapse that, historically, has taken years to occur. But in 2008, a year that has now been officially declared to be in recession, the drop registered with a resigned sense that, yes, this awful year still has yet another month to ...
Britney Spears, "Circus" (Jive) It's time for another Britney Spears comeback: Call this one the remix version.
Montgomery investment banker William Blount is free on bond after turning himself in to federal authorities on Monday for his alleged involvement in a scheme to bribe Birmingham Mayor Larry Langford with cash and gifts in exchange for business.
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