Globe and Mail Ex-Moody's Official: Profit Drive Behind Inadequate Reviews Wall Street Journal A former credit-rating official blamed Wednesday both his superiors and bankers for the inadequacy of reviews of complex mortgage securities that played a major role in the 2008 credit crisis that shook the economy to the brink. …

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Globe and Mail Whirlpool recalls 1.7 million dishwashers Reuters NEW YORK (Reuters) – Whirlpool Corp is recalling 1.7 million dishwashers sold at its US stores from February 2006 through April 2010 due to a potential fire hazard.

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Reuters India Bernanke Says US Unemployment Imposes 'Heavy Costs' BusinessWeek June 3 (Bloomberg) — Federal Reserve Chairman Ben S. Bernanke said he's concerned about the costs US joblessness is imposing on the economy and that the central bank is telling field examiners to encourage lending to creditworthy …

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Jobless Claims in US Decreased by 10000 to 453000 Last Week BusinessWeek June 3 (Bloomberg) — The number of Americans seeking jobless benefits last week fell to 453000, a level that signals firings remain elevated even as the economy expands. The jobless rate may hover around 10 percent as companies … US jobless claims fell 10000 last week Reuters Jobless Claims Dip 10000 TheStreet.com US Jobless Claims Down 10000 To 453000 In May 29 Week Market News International ABC News

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The Guardian South Africa's PMI Falls to Lowest Level Since November 2009 BusinessWeek June 1 (Bloomberg) — South Africa's purchasing managers' index fell in May to its lowest level since November as the economy's recovery from last year's recession began to ease, Kagiso Securities Ltd.

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ArabianBusiness.com UAE Economy to Expand 3.2% in 2010 With Oil at $85 a Barrel Bloomberg May 29 (Bloomberg) — The United Arab Emirates' economy may expand as much as 3.2 percent this year with crude oil prices around $85 a barrel, according to Economy Minister Sultan bin Saeed al-Mansouri. … DIC of Dubai Loan Payment Extension 'Normal,' Al-Mansouri Says BusinessWeek Emirates finance chief: Dubai can resolve new woes The Associated Press UAE Economic Growth to Quicken With No Major Debt Hit Seen ABC News Zawya

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Reuters US Economy: Consumers Gain Confidence as Employment Improves BusinessWeek May 25 (Bloomberg) — Consumers gained more confidence in May than projected as a recovering US economy raised expectations hiring will pick up in coming months.

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Reuters Stocks slump as fear spikes CNNMoney By Alexandra Twin, senior writerMay 20, 2010: 2:30 PM ET NEW YORK (CNNMoney.com) — Stocks got pummeled Thursday, with the Dow, Nasdaq and S&P 500 all down over 2%, on worries that the European debt crisis and euro's slide will send the economy back … European Stocks End Sharply Lower Wall Street Journal Stocks tumble; the Dow is down more than 2% Los Angeles Times Stocks tumble as euro drops, jobless claims rise The Associated Press Forbes

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Amazon: Analysts' Upgrades, Downgrades TheStreet.com By TSC Staff 05/20/10 – 10:06 AM EDT Autodesk(ADSK) was upgraded to Buy from Neutral by Bank of America/Merrill Lynch. Recent weakness presents a buying opportunity, and Autodesk is also well-positioned to benefit from an upturn in the economy, …

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AFP Singapore Economy Grows More Than Forecast on Exports BusinessWeek May 20 (Bloomberg) — Singapore's government said the economy expanded faster than initially estimated last quarter and raised its forecast for export growth, judging that Asian demand will make up for any slowing of … Singapore's GDP soars 16 percent in first quarter The Associated Press Singapore first quarter GDP up 15.5% vs. year-ago MarketWatch Singapore says economy grew 15.5 percent AFP Gov Monitor

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