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Judge Blocks Wells Fargo Purchase Of Wachovia
A New York judge on Saturday blocked Wells Fargo & Co.'s attempt to purchase Wachovia Corp. The judge scheduled a meeting between representatives from Citigroup and Wachovia for Oct. 10.
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How To Survive In This Economy
The middle class is being hit hard by the economic crisis. Families and white-collar professionals are struggling to pay mortgages, buy food and put gas in their cars. Weekend Edition Sunday begins a series of conversations about how people are getting by in this economy. Melissa Parker, a woman from Sacramento, Calif., speaks with host Liane Hansen.
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The Race For Iraqi Oil
The competition for Iraqi oil is gaining momentum. Later this month, Iraq will host more than three dozen major oil companies. All of them hope to bid and win the account for handling Iraq's massive oil reserves.
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Analyzing China's Exposure To U.S. Debt
Stephen Green, head of research at Standard Chartered Bank in Shanghai, speaks with host Liane Hansen about how the global financial crisis has hit China. China has close to $1.3 trillion invested in U.S. debt with up to $500 billion in agency securities.
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Sales Decrease For San Francisco Small Businesses
Small businesses in a working-class neighborhood of San Francisco are feeling the pinch of the economic slowdown. Sales are down dramatically in many retail stores as consumers hold back on both big and small purchases.
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States Welcome Financial Bailout
Pamela Prah, a reporter for Stateline.org, speaks with host Liane Hansen about how the Wall Street meltdown and Congress' bailout plan is affecting the states. Some states are considering slashing their budgets and making other cutbacks.
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European Nations Contemplate Bailout Options
European Union heads of government held a summit in Paris to discuss their own plans for how to bail out their threatened banks. Unlike the U.S. plan, they plan to deal with bank failures on a case-by-case basis.
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Was The Bailout Bill A Good Idea?
The bailout package signed into law on Friday was passed amid dire warnings that the U.S. economy was on the verge of collapse. Still, many Americans are asking: Was it necessary? NPR's Adam Davidson tackles the question.
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McCain, Obama: Two Takes On U.S. Economic Woes
On the campaign trail, presidential candidates John McCain and Barack Obama are both taking some credit for helping to pass the $700 billion financial rescue package. But the two men part company on what else is needed to revive the ailing economy.
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New Solar Cell Easy As Pizza To Make
The iJET is a new type of solar cell that's cheap and easy to make, requiring not much more than a pizza oven, some nail polish remover, and a common inkjet printer. Australian scientist Nicole Kuepper describes her invention.
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In Hard Times, Higher-End Items Get Pawned
Business is up at the Silver Lining Jewelry and Loan in Portland, Ore. Customers are selling everything from jewelry to television sets. <em>The Oregonian</em> newspaper reports that a woman even pawned her diamond wedding ring to help pay for gas and car parts.
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Week In Review: Bailout Politics
Scott Simon discusses the week's news with Senior News Analyst Daniel Schorr. Right now, the financial emergency facing the nation is "clearly" the overriding issue in the race for the White House, Schorr says. Also discussed: the VP debate.
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Bailout Passed With A Bang And A Whimper
The two-week drama over the fate of a $700 billion bailout bill ended Friday with the House passing the financial rescue plan that it had rejected on Monday. Fifty-seven lawmakers switched their votes from no to yes, but others remained adamantly opposed to the end.
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Why Did Lawmakers Shift On Bailout? Fear
The House on Friday passed a modified version of the $700 billion Wall Street bailout bill which it had rejected on Monday. What changed their minds? In a word: fear, says <em>New York Times</em> business columnist Joe Nocera.
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A Trillion-Dollar Fund Manager's Take On Bailout
Scott Simon talks with John C. Bogle, founder of the trillion-dollar mutual fund The Vanguard Group, about his take on the financial meltdown.
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Tune-in to Marketplace with Kai Ryssdal weekdays on KJZZ at 6pm.
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Financial crisis pummels stocks
Stock markets plummet around the world as investors worry about the growing level of financial turmoil.
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Lehman Bros head took home $300m
The head of failed US investment bank Lehman Brothers tells Congress he took home $300m (£172.6m) in compensation in the past eight years.
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Iceland acts to avoid bank chaos
Iceland offers an unlimited guarantee for all savers and announces emergency legislation to shore up its banks.
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Oil price dips below $90 a barrel
Oil prices fall to an eight-month low of less than US $90 a barrel and shares on Gulf stock markets fall sharply.
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Fight over Wachovia intensifies
The battle for Wachovia continues as Wells Fargo secures an appeal court ruling that overturns an attempt to block the takeover.
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No extra safety for German savers
The German government will not pass any new legislation to provide extra protection for savers, the BBC learns.
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eBay to cut workforce by 1,000
EBay, the world's largest online auction site, is set to cut 1,000 jobs - 10% of its workforce - with many more under threat.
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European car makers want EU aid
European car makers are seeking 40bn euros in EU aid to help develop more fuel-efficient cars.
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Germany clinches bank rescue deal
Germany's finance ministry has agreed a 50bn euro ($68bn; £38.7bn) plan to save one of the country's biggest banks.
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No banks bail-out fund for Europe
An emergency summit of European leaders is due to be held in Paris on the global financial crisis.
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Dollar dilemma. Why Mexican immigrants in the US are sending less cash back home.
The slower US economy sparks a sharp drop in the money Mexican migrants are sending home, official figures show.
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Guidelines for financial journalists
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Rescue package
What happens now the bail-out has been passed?
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Robert Peston
Another momentous Monday morning
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The big chill
Iceland catches a cold from frozen money markets
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Past lessons
Has bailing out failing industries worked in the past?
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Paris scepticism
US help for Big 3 rattles the car industry
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Going strong
Can Africa avoid a major fall-out from the credit crunch?
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Stocks slide despite reassurances
The UK's top share index chalks up its biggest one-day points fall ever as Chancellor Alistair Darling tries to reassure financial markets.
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Germany seeks to reassure savers
Chancellor Angela Merkel moves to reassure savers that their deposits in German financial institutions are safe.
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Registrations of new cars fall 21%
New car registrations fall 21% in September, says the Society of Motor Manufacturers and Traders.
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'Rescued' car parts group closes
A Sheffield-based car parts company with 53 branches nationwide ceases trading just days after a takeover deal.
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Xstrata cancels £5bn Lonmin bid
Mining group Xstrata walks away from its £5bn bid for rival Lonmin because of the credit crisis.
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Zimbabwean bank issues new notes
The Zimbabwean government issues higher denomination banknotes to tackle a shortage of cash.
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US job cuts at a five-year high
US employers cut 159,000 jobs in September, the most in more than five years, Labor Department's figures show.
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