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Money & Markets
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US auto sales turn frail in August

September 2, 2010
DETROIT — Auto sales, once a bright spot in the economic recovery, grew fainter last month.

The pain was widespread. Big car companies General Motors, Ford and Toyota all saw sales slip. » Full Story
 

No deal: buyers will see fewer discounts for cars

September 1, 2010
DETROIT — For years, Americans shopping for cars were treated to all sorts of deals and incentives, especially at the end of summer. » Full Story
 

Americans spend a bit more as economy limps along

August 31, 2010
WASHINGTON — Americans are spending a little more this summer, but hardly enough to rejuvenate the weakening economy.

What is needed is a bigger boost in salaries and more jobs. » Full Story
 

3M to acquire Cogent for about $943 million

August 31, 2010
NEW YORK — 3M Co., the conglomerate whose products range from Post-Its to respirators, computer arms and films for LCD TV screens, is trying to expand into the security market by buying Cogent Inc. » Full Story
 

Economic growth slows to 1.6 pct. in the spring

August 28, 2010
WASHINGTON — The economy grew at a much slower pace this spring than previously estimated, mostly due to the largest surge in imports in 26 years and a slowdown in companies’ restocking of goods,» Full Story
 

Job scarcity puts more at risk of foreclosure

August 27, 2010
WASHINGTON — One in 10 American households with a mortgage is at risk of losing its home, and the foreclosure crisis could worsen if jobs remain scarce.

About 9. » Full Story
 

News on homes, goods adds to air of economy

August 26, 2010
WASHINGTON — It’s starting to feel like another recession.

Businesses are ordering fewer goods. Home sales are the slowest in decades. Jobs are scarce, and unemployment claims are risin. » Full Story
 

Home sales plunge to lowest in 15 years

August 25, 2010
WASHINGTON — Sales of previously occupied homes plunged last month to the lowest level in 15 years, despite the lowest mortgage rates in decades and bargain prices in many areas. » Full Story
 

AIG repaying nearly $4 billion in federal loans

August 24, 2010
In its single biggest repayment of bailout loans so far, American International Group Inc. said Monday it is paying back nearly $4 billion in taxpayer aid with proceeds from a recent debt sale. » Full Story
 

An NYC icon cries foul over proposed rival nearby

August 24, 2010
NEW YORK — Look at Manhattan from afar, and the first thing you notice is the Empire State Building, spiking like a needle above the carpet of skyscrapers that coats Manhattan from tip to tip. » Full Story
 
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