U.S. stocks slid the most in two weeks as a private report showed employers cut more jobs than estimated in December and companies from Alcoa Inc. to Intel Corp. spurred concern the profit outlook is worsening.... Read More
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Jan2009
26
Oct2008
In his prepared testimony to U.S. lawmakers, the former Fed chairman Alan Greenspan, called the credit crisis a "once-in-a century credit tsunami" that will result in a significant rise in unemployment. He further elaborated that the results have turned out to be much broader and more damaging than anything he ... Read More