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Consumers change buying habits, but will it last?
NEW YORK - Adrienne Radtke plans to keep riding her bike to work even if gas prices drop. Steve Pizzini got rid of his Cadillac Escalade in favor of a 16-year-old Acura and doesn't expect to have another gas-guzzler.
Nations:U.S. Activities:2008 U.S. Recession 1929 Great Depression Source:(AP)
2008-07-20
Not so fast, senators tell Fed, SEC on bank pact
WASHINGTON (Reuters) - As the Federal Reserve and securities regulators neared an agreement on investment banks, leaders of the U.S. Senate Banking Committee on Friday warned them not to get ahead of Congress with any Wall Street reforms.
People:Richard Shelby Christopher Dodd Henry Paulson Activities:110th Congress 1929 Great Depression 2007 Global Credit Crunch
2008-06-27
Inflation and job losses keep consumers glum
NEW YORK (Reuters) - Consumer confidence fell more than expected in June, hitting another 28-year low as surging prices and mounting job losses contributed to a bleak outlook, according to a survey released on Friday.
Activities:2007-8 Global Inflation 2008 U.S. Recession 1929 Great Depression Source:(Reuters)
2008-06-27
Obama compares housing crisis to Great Depression
Democratic presidential front-runner Barack Obama compared the U.S. housing crisis to the Great Depression on Tuesday during a stop in Missouri, a key battleground state in the November election.
People:Barack Obama Hillary Clinton Activities:US Election 2008 1929 Great Depression
2008-05-14
G7 to tackle fight against new financial crises
Group of Seven finance officials gather here Friday to discuss plans to prevent a repeat of what the IMF chief says is the worst financial crisis since the 1930s Great Depression.
Nations:Japan Italy Switzerland Germany U.K. France People:Ben Bernanke Activities:1929 Great Depression 2007 Global Credit Crunch
2008-04-11
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