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What might make the Fed flinch? (Reuters)

Federal Reserve Board Chairman Ben Bernanke makes his way through the Dirkson building hallway after a Financial Crisis Inquiry Commission hearing on Reuters - The U.S. economy appears to be trudging along, neither booming nor busting, growing steadily enough to diminish double-dip recession fears but not quickly enough to bring down unemployment.


Debt levels should fall after pre-crisis jump: BIS (Reuters)

Reuters - Debt levels that ran up ahead of the financial crisis have shown only a modest decline since and are likely to fall sharply in the coming years, a study said.

McCain Hits Democrats for 'Flailing Around' on Economy (CQPolitics.com)

CQPolitics.com - Leading voices in both parties sparred Sunday over the state of the economy and the role that Bush tax cuts should play in the recovery.

Key oil spill evidence raised to Gulf's surface (AP)

In this Sept. 4, 2010 picture, the Helix Q4000, bottom, the vessel responsible for lifting the Deepwater Horizon blowout preventer stack from the sea floor, is seen on the Gulf of Mexico near the coast of Louisiana. (AP Photo/Patrick Semansky)AP - Investigators looking into what went wrong in the Gulf of Mexico oil spill are a step closer to answers now that a key piece of evidence is secure aboard a ship.


Taxpayers may face initial loss on GM IPO: sources (Reuters)

FILE - In this June 13, 2010 file photo, Tim Allen arrives at the world premiere of 'Toy Story 3,' at The El Capitan Theater in Los Angeles. General Motors Co. said Friday, Sept. 3, 2010, Tim Allen will be a spokesman for the brand and will star in a series of TV ads for the 2011 Chevrolet Cruze that begin airing on Tuesday. (AP Photo/Katy Winn, file)Reuters - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.


Suzuki to build new auto plant in India (AFP)

Japan's top minicar maker Suzuki Motor Corp. is to build a new auto assembly plant near the Indian capital New Delhi in a bid to meet growing demand in the country, a newspaper reported on Sunday.(AFP/Gabriel Bouys)AFP - Japan's top minicar maker Suzuki Motor Corp. is to build a new auto assembly plant near the Indian capital New Delhi in a bid to meet growing demand in the country, a newspaper reported on Sunday.


IMF's Lipsky says moderate world recovery underway (Reuters)

John Lipsky, the International Monetary Fund's first deputy managing director, answers a reporter's question after the meeting of G20 finance and central bank deputies in Gwangju, south of Seoul, September 5, 2010. REUTERS/Lee Jae-WonReuters - The world economy is recovering moderately but still faces challenges such as the need for medium-term fiscal consolidation, the IMF's First Managing Director, John Lipsky, said on Sunday.


Venezuela OKs payment for French retailer Casino (Reuters)

Reuters - Venezuelan President Hugo Chavez has approved a $690 million payment to French retailer Casino and other owners of a supermarket chain nationalized earlier this year, state media said on Saturday.

Trichet calls for united EU at the IMF (AFP)

Jean-Claude Trichet, Governor of the European Central Bank, gives a press conference at the Ambrosetti Forum at the Villa d'Este hotel in Cernobbio on the Como Lake, northern Milan. European Central Bank chief Jean-Claude Trichet called Saturday for Europe to hold a united position on refomin the International Monetary Fund.(AFP/Olivier Morin)AFP - European Central Bank chief Jean-Claude Trichet called Saturday for Europe to hold a united position on refomin the International Monetary Fund.


Despite hiring, US unemployment rate seems frozen (AP)

In this Aug. 25, 2010 photograph, job seekers including Pat Mosher, third from left, fill out registration forms to attend a job fair in Southfield, Mich. On Friday, Sept. 3, 2010, at 8:30 a.m. EDT, the Labor Department issues the August unemployment report. (AP Photo/Paul Sancya)AP - Unemployment is stuck at high levels even though some companies are hiring. The problem, government data show, is that too few jobs are being created for the growing number of people looking for work.


Exclusive: American Apparel in talks with restructuring firm (Reuters)

Reuters - Hipster brand American Apparel Inc is in talks to bring in an outside restructuring firm as the manufacturer and retailer struggles to fix its flagging operations, sources told Reuters on Friday.

Petrobras sells 64 bln dlrs of stock to fund oil exploration (AFP)

An oil platform off the coast of Brazil. Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.(AFP/File/Antonio Scorza)AFP - Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.


Campbell reports Q4 profit rise on better margins (AP)

In this June 19, 2010 photograph, people walk along inside the new building at the Campbell Soup Co. headquarters, in Camden, N.J.  The Campbell Soup Co. said Friday, Sept. 3, 2010, it made a profit of $113, or 33 cents per share during the fourth fiscal quarter, when the temperature rises and its soup sales traditionally drop.  (AP Photo/Mel Evans)AP - Summer is rarely a hot sales season for Campbell Soup Co., and this year's sweltering June and July made that even more true, but the company said Friday that cost-cutting and strong drink sales helped its net income climb.


Stocks rally as jobs data spurs optimism (Reuters)

Traders work on the floor of the New York Stock Exchange, August 31, 2010. REUTERS/Brendan McDermidReuters - Wall Street closed a stellar week on Friday after recent economic data, including a stronger-than-expected labor market report, bolstered optimism that the economy would not fall back into recession.


MGIC added $1.2B in mortgage coverage in August (AP)

AP - Private mortgage insurer Mortgage Guaranty Insurance Corp. said Friday it added $1.2 billion in new primary insurance coverage in August and the number of delinquent loans it insures declined.

Crafting a Career in Eco-Chic Jewelry (BusinessWeek)

BusinessWeek - Goldman Sachs may not have a lot of friends in the White House these days, but one of its former employees has made a good impression. After three years as an analyst in Goldman's fixed-income, currencies, and commodities division, Monique Pean began her own jewelry line that can now be found in Barneys, Jeffrey New York, and around the neck of Michelle Obama.

US Def Sec: Afghans should lead corruption fight (AP)

U.S. Defense Secretary Robert Gates, right, is greeted by top NATO commander Gen. David Petraeus as he arrives in Kabul, Afghanistan on Thursday, Sept. 2, 2010.  (AP Photo/Jim Watson, Pool)AP - U.S. Defense Secretary Robert Gates said Thursday that while the fight against corruption must be led by Afghans, the U.S. is working on new ways to prevent millions of American dollars flowing into the nation from underwriting bribery and graft.


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