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    The pace of corporate layoffs picked up sharply in January 2009, reflecting the worsening US recession.

  • US stocks fell sharply Tuesday, led by banks, as details of the government’s latest bank bailout plan trickled out.

  • US stocks fell sharply Tuesday, led by banks, as details of the government’s latest bank bailout plan trickled out.

  • Treasury Secretary Timothy Geithner

    As the markets listened in on Treasury Secretary Geithner's plan to restore financial stability, one thing became increasingly clear.  This time around, the Treasury was committed to "increase transparency and accountability to protect taxpayers."  If their website is an indication, so far "transparency" is far from here.

  • US stocks headed for a negative open Tuesday as investors braced for the unveiling of the government’s latest bank bailout plan, which could relieve toxic assets from the balance sheets of bad banks.

  • US stocks headed for a negative open Tuesday as investors braced for the unveiling of the government’s latest bank bailout plan, which could relieve toxic assets from the balance sheets of bad banks.

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    More companies announced layoffs this week as the employment picture continued to dim. News Corp. became the latest victim of the weakening economy, announcing it is planning on cutting jobs after reporting a quarterly loss on Thursday.

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    More companies announced layoffs this week as the employment picture continued to dim. GlaxoSmithKline and Tiffany & Co. on Thursday became the latest victims of the weakening economy, each cutting an undisclosed number of jobs.

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    More companies announced layoffs this week as the employment picture continued to dim. Clorox, Time Warner Cable and Fidelity National Financial were among the latest names on Wednesday to announce job cuts.

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    Another day, another round of corporate layoffs.  Liz Claiborne and PNC Financial Services became the latest companies to announce job cuts on Tuesday

  • One month into the year, the average dividend yield of the Dow 30 has gone up a bit since 2009 began, but is still down from where it was at the end of November.  See how the 30 companies in the Dow compare.

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    A major US retailer announced job cuts Monday amid worries about the fate of the stimulus plan, while a big Wall Street firm has further job cuts in store, according to reports.

  • JOBLESS_noTEXT.jpg

    A major US retailer announced job cuts Monday amid worries about the fate of the stimulus plan and the economy.

  • JOBCLAIMS_noTEXT.jpg

    More companies announced layoffs on Thursday as the employment picture continued to dim.

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    In this Web Extra the traders talk Boeing. Find out why Guy Adami says its interesting while Jeff Macke counters they make a product they can't get off the ground!

  • Stocks ended at session highs Wednesday, led by banks, amid enthusiasm for this so-called "bad bank" plan and as the $825 billion stimulus package neared approval.

  • Stocks held onto a nearly 200-point gain Wednesday after the Federal Reserve issued its statement on the economy.

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    More spending, whether it comes from individuals, businesses or the government, helps create jobs and get us out of this recession. It doesn't really matter what that spending is on as long as money circulates.

  • Stocks shot out of the gate Wednesday as lawmakers prepared to move ahead on an $825 billion economic stimulus plan and banks got a boost from this so-called "bad bank" plan.

  • US stocks were poised to continue their positive start to the week Wednesday, as investors looked to a key policy meeting of the Federal Open Market Committee for more action to stem the credit crisis.