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Gas-price rise expected to trickle out

Sep 21, 2007
Crude oil closed at $81.62 a barrel in New York today, up 35% since January. And yet, the mysteries of the refining pipeline have kept gas prices essentially flat since the beginning of summer. Jeff Tyler reports on the disconnect -- and why it's not expected to last.
Posted In: Retail
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Which subprime fix will hit home?

Sep 21, 2007
The White House, the Federal Reserve and Congress all have a plan to get us out of the subprime mess. Jeff Tyler goes over a few of the proposals to see which ones might stick.
Posted In: Economy, Housing
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A change of course and tone

Sep 20, 2007
Treasury Secretary Henry Paulson let it be known today that the White House has decided to consider letting Fannie Mae and Freddie Mac buy up jumbo loans, something it's been opposed to. And Fed Chairman Ben Bernanke added it better happen soon. Steve Tripoli reports.
Posted In: Economy, Housing, Investing, Wall Street, Washington
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Fed moves leave the little guy stuck

Sep 19, 2007
The Fed has done its bit to help out the mortgage-induced credit crunch by lowering interest rates. Commentator Robert Reich says that's great for lenders and investors, but it won't do a thing for the little guy.
Posted In: Housing, Wall Street
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GM, UAW may put faith in trust fund

Sep 19, 2007
General Motors and the United Auto Workers today got back to hammering out a new contract that could be a model for deals with Ford and Chrysler. Jeff Tyler reports the two sides are getting creative to solve the critical problem of healthcare costs.
Posted In: Auto, Jobs
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Inflation turns on global economy

Sep 19, 2007
For the first time in almost a year the Consumer Price Index dropped in August. Roll that in with the reported drop in wholesale prices and it's a nifty economic shapshot, no? But Jill Barshay reports the picture's actually not so clear.
Posted In: Economy, Retail
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Many consumers expect recession

Sep 19, 2007
A poll out today from Reuters shows one-third of Americans believe we're heading for a recession. But who's to blame? Steve Henn did his own poll this morning in D.C.
Posted In: Housing, Wall Street
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Time to adjust the 'China Price'

Sep 18, 2007
Not too long ago, there was talk about the "China Price" -- multinational firms shifting production to countries with lax laws and few regulations, where costs were lower. Commentator and economist Arthur Kroeber says now there should be a real price to pay.
Posted In: Jobs
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At these rates, what's next?

Sep 18, 2007
It was no surprise that the Federal Reserve cut interest rates today. But what really caught people unawares was what rates it cut -- and by how much. Amy Scott reports.
Posted In: Economy, Housing, Wall Street
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3 million bad letters on the way

Sep 18, 2007
In the last year, the number of warning letters sent to troubled mortgage-holders increased 115 percent. Steve Henn reports this may just be the beginning.
Posted In: Economy, Housing

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