U.S. economy melts down in fourth quarter

Posted by admin on March 1, 2009 under News | 3 Comments to Read

U.S. economy melts down in fourth quarter
The U.S. economy grew by 1.1% last year. Thats the good news.

European equities rally despite record RBS bank loss (AFP)

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European equities rally despite record RBS bank loss (AFP)

A view of Wall Street is seen from the steps of Federal Hall in lower Manhattan February 4. European stocks rallied on bargain-hunting, with the focus on the financial sector as traders digested a record loss at Royal Bank of Scotland which was less than feared.(AFP/File/Timothy A. Clary)AFP – European stocks rallied Thursday on bargain-hunting, with the focus on the financial sector as traders digested a record loss at Royal Bank of Scotland which was less than feared.


Citigroup News, Weak GDP Data Contribute To Weakness On Wall Street

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Citigroup News, Weak GDP Data Contribute To Weakness On Wall Street
(RTTNews) – After showing a steep decline in early trading, stocks ultimately ended Friday's trading day lower, although off their worst levels of the day. The initial weakness came as investors resp…

How the Dow Jones industrials fared Friday (AP)

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How the Dow Jones industrials fared Friday (AP)

Specialist Glenn Carell, left, works his post on the trading floor of the New York Stock Exchange Friday, Feb. 27, 2009  (AP Photo/David Karp)AP – Wall Street ended another unforgiving month with a steep loss after a spate of downbeat news unsettled investors.