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Bob Moon

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  • With President-elect Obama set to take office shortly, it's no surprise that his stimulus proposals dominated the headlines this week. Bob Moon speaks with Fortune Magazine's Leigh Gallagher and Felix Salmon from Portfolio.com about the tough road ahead for Obama.

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  • The federal budget deficit for 2009 is projected to be three times the size it was in 2008. But one thing that amount doesn't account for is President-elect Barack Obama's stimulus plan. As Bob Moon reports, the deficit may limit what Obama can do to help the ailing economy.

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  • Investors have been trying to re-inflate the commodities boom of last year. Some experts believe food and energy prices could get a lift from the new administration's stimulus plan. Bob Moon reports.

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  • Numbers released today show that November wasn't a good month for factory orders or home sales. Both fell. But there is a little bit of good news in the services sector. Bob Moon reports on the latest numbers.

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  • You're probably tired of hearing that the economy's taken its biggest hits since the Great Depression. And that's true. But our Senior Business Correspondent Bob Moon reminds us that we were in pretty good shape coming into this whole thing.

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  • GMAC, the financial arm of General Motors, received a $6 billion bailout from the Treasury Department. Now General Motors is offering 5-year, no-interest loans to prospective car buyers with low credit scores in hopes of boosting sales. But as Bob Moon reports, the government bailout could cause trouble for General Motors down the road.

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  • The start of a new year is a great time to adopt a positive attitude, and no one needs that boost now more than consumers. But building up consumer confidence again could take awhile. Bob Moon reports 2009 will be a year of recovery.

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  • Oil prices may be falling, but Wall Street investors aren't jumping at any opportunities in the oil market like they once were. Part of the reason is that prices are unrealistically low. Bob Moon reports.

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  • Mortgage applications are up across the country, but that's mostly benefiting people who own a home and have decent credit. People are taking advantage of the historically low rates to refinance, though. As Bob Moon reports, it may be a good time for homeowners to think about refinancing.

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  • OPEC has vowed to make further cuts in production to help raise the price of oil. But Bob Moon reports the cartel can only really influence supply, and there's nothing they can do about crude's falling price.

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Bob Moon