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    It may seem like the country that used to make everything is on the brink of making nothing.

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

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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.

  • Where’s that infrastructure build-out we were promised? What about the job creation? Why is the new president’s stimulus package such a disappointment? China got it right.

  • Caterpillar is seeing heavy options activity as its stock trades moderately higher Wednesday. Calls outnumber puts by a 3-1 ratio and are concentrated at the February 33 strike, where contracts were bought for $0.77, $0.80, and $0.81. Some May 40 calls also traded for $0.88, according to OptionMonster's real-time tracking systems.

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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

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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.

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

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

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

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    Another round of layoffs was announced by big-name companies Monday, adding to the gloom over rising unemployment.

  • As U.S. stocks have been beaten down of late, John Carey, executive VP & portfolio manager at Pioneer Investments is bottom-fishing for strong companies in the materials, energy and cyclical sectors.

  • Following are the week’s biggest winners and losers. Find out why shares of Sears and Palm popped while Wells Fargo and Coach dropped.

  • The Lightning Round is extended in this CNBC.com exclusive feature.

  • With the dollar falling against major currencies, Jon Najarian reveals his favorite trades.

  • We finished the day down, but these two guys were responsible for much of the trading session’s strength, Cramer says.

  • Following are the day’s biggest winners and losers. Find out why shares of Deere and Lennar popped while J. Crew and Borders Group dropped.

  • Stocks resumed their rally Thursday, looking to extend their winning streak to four days, after a quick dip following a series of attacks in India.