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The world’s investment banks are to reveal a $30 billion (£14.9 billion) hit from bad debts as they unveil results that give the first real insight into the impact of the debt crisis.
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Americans, trying to get thin, are making Weight Watcher’s International Inc.’s (WTW) wallet nice and fat.(tags: stocks)
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So what do we have? A falling dollar, inflationary pressures, and fears of a weakening economy. Going into the Fed meeting, stagflation is on the radar.
links for 2007-09-18
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