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Could Big Donors Break Obama's Fundraising Record?
The Obama presidential campaign rewrote the playbook for raising campaign cash in 2008. The Supreme Court may change it again before 2010: An upcoming decision could potentially curb the growing influence of small donors in favor of corporate America.
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Wary Employers Keep Jobless Numbers High
A 10.2 percent unemployment rate is like a gut punch. It's just such a big number, a level of joblessness we haven't experienced here in the U.S. since the early '80s. This, even as the economy is actually growing again. But many employers just aren't ready to start hiring yet.
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Worried Consumers Continue To Shun Credit
Consumers borrowed less for a record eighth straight month in September amid rising unemployment and tight credit conditions. Economists worry the declines in borrowing will drag on the fledgling recovery. The Federal Reserve said borrowing fell at an annual rate of $14.8 billion in September.
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Money In A Bottle: The Celebrity Scent Business
If you walk down the cosmetics aisle of any big store, you might mistake the perfume collection for the guest list to a Hollywood party. But star-studded scents account for only about 10 percent of fragrance sales; their value is the publicity.
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U.S. Economic Steps May Be Leading To Bubble
The global economy is slowly recovering after the worst financial crisis in decades, but government efforts to stimulate growth, including the Fed's move to drive interest rates down to zero, may be creating another problem. Prices for assets — gold, stocks and real estate in Asia — are soaring, leading to warnings that a new bubble could be forming.
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Jobless Rate Highest Since 1983
The government says the nation's unemployment rate hit 10.2 percent last month, the highest since 1983. Economists had expected the figure to rise to 9.9 percent.
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Health Overhaul Could Make Chain Restaurants Post Calories
A little-noticed provision in the health overhaul bill would cause chain restaurants and vending machines to post calorie content for all food.
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Jump In Jobless Rate Puts Spotlight On Obama
News that the jobless rate has crossed the psychologically important 10 percent mark comes in the same week that Democrats suffered a sobering Election Day. Some experts say it dims Democratic prospects not just for 2010 but for the health care vote this weekend.
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Jobless Rate 10.2 Percent, Casts Doubt On Recovery
Little over a week after the government said the economy has begun to grow, the unemployment rate climbed to 10.2 percent, the first time it has hit double digits since 1983. That, along with the loss of an additional 190,000 jobs in October, shows the economy is still struggling to emerge from recession.
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CDC: Make Sure Swine Flu Vaccine Goes To Neediest
The CDC told health officials to make sure that scarce swine flu vaccine goes to priority groups, such as kids and health-care workers, after some criticized doses being delivered to Wall Street firms.
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Wal-Mart, Amazon Price War Extends To DVDs
Wal-Mart Stores Inc. is trimming the online preorder prices of some upcoming DVDs following last month's price cut on books. The move led rivals Amazon.com Inc. and Target Corp. to reduce some DVD prices, which pushed Wal-Mart to take a few more cents off its offerings.
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Boosted By Bailout, AIG Racks Up Profitable Quarter
AIG said it posted profits for the second quarter in a row as its core insurance operations continue to stabilize after the company's government bailout last year. American International Group Inc. also got a lift from the increasing value of investments it still holds that soured last year and helped drive it to the brink of collapse.
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U.S. Insider Trading Probe Widens
Federal authorities accused the founder of the Galleon hedge fund and five others of making millions of dollars illegally by using insider information to make trades. The six have denied wrongdoing. Authorities have charged 14 more people with insider trading. The suspects are not only from hedge funds but also from large corporations like Intel and IBM.
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Monthly Unemployment Rate Tops 10 Percent
The Labor Department says the jobless rate hit 10.2 percent in October. That's the first time it's gone over 10 percent since the recession of the early 1980's. The economy shed a net total of 190,000 jobs in October.
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Why Do Countries Rich In Oil Still Have Poverty?
This week's Planet Money report deals with what economists call the "paradox of oil." We'll meet two men who work in the African nation of Angola. One is an American, who makes big money in the oil business. The other is an Angolan who sells chewing gum on the street.
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Tune-in to Marketplace with Kai Ryssdal weekdays on KJZZ at 6pm.
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G20 vows to spur fragile growth
The recovery is too weak to end stimulus moves, G20 ministers say, as Britain suggests a transaction tax to fund bailouts.
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US jobless rate rises to over 10%
The US economy lost 190,000 jobs in October, taking the jobless rate above 10% for the first time since 1983.
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eBay in Skype deal with founders
eBay settles a lawsuit with the founders of Skype, ending uncertainty over the future of the internet phone company.
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AIG posts second quarterly profit
Insurer AIG reports its second straight quarterly profit since it was bailed out by the US government.
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Treasury seeks RBS lending proof
The Treasury demands proof from bailed-out Royal Bank of Scotland that there is little demand for its business loans.
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BA to cut 1,200 jobs amid losses
British Airways says it will cut its global workforce by an extra 1,200 as it reports a first-half loss for the first time.
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Fannie Mae asks for another $15bn
US mortgage finance firm Fannie Mae asks for another $15bn in state aid after announcing heavy losses.
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South Korea approves India deal
South Korea ratifies a free trade deal with India that will give the two Asian countries greater access to each other's markets.
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Major economies 'all recovering'
Major economies are showing strong signs of recovery, the Organisation for Economic Co-operation and Development says.
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Ukraine 'pays Russian gas bill'
Ukraine says it has paid its gas bill to Russia, calming fears that Europe may suffer disruptions to gas supplies.
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G20 ministers meet in St Andrews
The world's most powerful finance ministers are in St Andrews for a summit aimed at pulling the global economy out of recession.
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Craving for raw garlic sees Irish finance minister through crisis
An economist reveals Irish Finance Minister Brian Lenihan's unlikely fondness for munching on raw garlic.
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Guidelines for financial journalists
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Darling project
G20 finance ministers to pursue banking reform
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Retro chic
Brands from East Germany still going strong 20 years on
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Rapid descent
How did British Airways manage to fall so far?
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Afghan resources
There is more than just poppy dollars in Afghanistan
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Stalled engine
Has GM dealt German carmaker Opel a fatal blow?
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Top Gunner
Will Arsenal director Stan Kroenke launch a takeover?
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Australia raises growth forecasts
The Reserve Bank of Australia says the country is growing faster than it had expected.
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US hits China pipes with tariffs
The United States imposes high anti-dumping tariffs on Chinese pipes as trade disputes mar the run-up to a bilateral summit.
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US shares rise on business data
US shares rise strongly after official figures show business productivity has risen at its highest rate in six years.
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More house price falls forecast
The recovery in UK house prices could be punctuated by a 6.6% drop in values next year, property group Savills forecasts.
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Post union welcomes 'concessions'
The postal union says Royal Mail made "significant concessions" in an agreement which led it to call off planned strikes.
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Pioneer shares up on smaller loss
Shares in Japanese electronics maker Pioneer rise 9% after the company announced smaller-than-expected losses.
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