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Condo Markets in Crisis? Look Out  If ever their was an indicator of the backside of the bubble rearing its head, its the "panic button" added to condoflip.com's website , where the defiant slogan is 'Bubbles


P u r p l e the color  "When you have all that cabinetry, all your pretty things are behind them" A purple golf cart and a purple Chrysler Sebring parked in the driveway of Barbara and


Interest Rate Roundup  Here's a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com's weekly national survey of large banks and thrifts.read more...


Nationwide and Halifax increase mortgage rates (Guardian Unlimited)  The UK's biggest mortgage lender today announced plans to increase interest rates following yesterday's rise in the Bank of England base rate.read more...


No need to fear a recession: policy-makers  Policy-makers assured nervous investors on Friday that the United States was not heading into recession and recent stock market losses did not warrant central bank intervention.Commentread more...


Business Briefing  Delphi To Receive NASA Development Grant read more...

February 9th, 2008

Falling Profits Imperil Papers

In just the last few weeks, The San Diego Union-Tribune eliminated more than 100 jobs, one-tenth of its work force. The Chicago Sun-Times began a major round of newsroom layoffs, then put itself up for sale, and publishers in Minneapolis and Philadelphia warned that tough economics could force cuts… more»



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