Archive for September, 2010

New jobless: Stimulus workers

Tens of thousands of low-income workers lost their jobs Thursday as a stimulus-subsidized employment program came to an end.
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Secure Your Portfolio With Precious Metals

In a low interest rate environment, focus on stocks with high dividend yields, says Hans Goetti, chief investment officer, Asia at Finaport. He speaks to CNBC’s Oriel Morrison and Adam Bakthiar about how investors can protect their holdings against currency debasement.
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China manufacturing sector grows

China’s manufacturing sector picked up pace in September, easing some fears that the world’s third largest economy might be in for a rapid slowdown.
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New depression guidelines favor tailored treatment

New depression treatments favor a tailored approach and include recommendations for the use of shock therapy and other alternatives, including exercise when people fail to get relief from drugs.
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California to enter fourth month without budget (Reuters)

Reuters – California will enter the fourth month of its fiscal year on Friday without a state budget in place after Governor Arnold Schwarzenegger and top lawmakers failed to agree on Thursday on a spending plan.
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US stocks post best September since 1939 (AFP)

AFP – Wall Street managed to wrap up its strongest September since 1939 despite underlying concerns that the US economy is recovering too slowly to sustain growth.
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The AIG Exit Strategy

CNBC’s Mary Thompson has the details on the insurer’s proposed plan to begin paying back its bailout funds and insight on whether taxpayers will profit, with Robert Jackson, former Treasury advisor.
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Fed’s Bernanke, Pianalto say recovery disappointing (Reuters)

Reuters – The economic recovery remains disappointingly slow with unemployment too high, two top Federal Reserve officials said on Thursday, as they discussed the role of the U.S. central bank in spurring a stronger economy.
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AIG exit plan set to deliver a profit

The US government took a major step towards ending two years of taxpayers’ assistance to AIG, clinching a deal that could enable the US Treasury to sell its huge stake in the insurer at a profit
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Final Glance: Managed Care companies

Shares of some top managed care companies were mixed at the close of trading:
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