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Yahoo Cuts About 600 Jobs, Or 4% Of Work Force
Dec.14 -2010- SAN FRANCISCO --Yahoo Inc. (YHOO) said Tuesday it was cutting about 600 jobs, or about 4% of its work force, as the struggling Internet media company strives to increase revenue and boost margins.
Yahoo layoffs: 600 jobs cut in long-rumored move
TERRIBLE NEWS..........................
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Tax cut »
Democrats' budget bill: $1.1 trillion; 1900 pages
Dec-14-2010--The budget bill cuts more than $26 billion from President Barack Obama's 2011 requests.
Senate Democrats began rolling out Tuesday a year-end, government-wide spending bill that cuts more than $26 billion from President Barack Obama’s 2011 requests, even as it defies earmark bans
Senate May Pass $858 Billion Tax-Cut Measure Today.....
BOTTOM LINE--- "WE ARE IN TROUBLE AMERICA!!!
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Ben Bernanke »
Fed Retains $600 Billion Bond-Buying Plan to Boost Economy
Dec-14-2010---Federal Reserve officials kept their plan to expand record monetary stimulus, saying the economic expansion hasn’t been strong enough to reduce joblessness.
The Fed’s $600 billion of Treasury purchases are aimed at boosting a recovery that has been “disappointingly slow” and keeping prices stable “over time,” the Federal Open Market Committee said in a statement today in Washington. The central bank repeated its pledge to leave the benchmark interest rate low for an “extended period.”
Treasuries Decline, Stocks Gain After Fed's Statement, Retail-Sales Report
Fed policy on buying Treasury bonds stays on track
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Wikileaks »
Julian Assange remains in jail as Sweden appeals against bail decision
Dec-14-2010--Sweden tonight decided to fight a British judge's decision to grant bail to WikiLeaks founder Julian Assange, who has spent more than a week in prison over sexual assault allegations involving two Swedish women.
Video: On Bail, In Jail: 'Attack on Assange brings out more injustice'
Support for Assange from His Mother and (Most of) His Motherland
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