Business Stories from August 7, 2011 (Change date)
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Questions and answers about the market's turmoilAug 09, 2011 5:23 am - NEW YORK — Global stock markets tumbled Monday on the first trading day since Standard & Poor's downgraded long-term U.S. debt. The plunge came as investors grew anxious...
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McDonald's July sales in China rises 5.1%Aug 09, 2011 7:14 am - McDonald's Corp., the world's largest restaurant chain, said sales at stores open at least 13 months rose 5.1 percent in July as Chinese consumers dined out more. Analys...
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Treasury prices jump as stocks plummetAug 08, 2011 2:36 pm - NEW YORK — Government bond prices are rising as a stock market rout is sending traders into assets considered safe. Investors are selling stocks Monday in response to a ...
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Dow plunges more than 600 points after downgradeAug 09, 2011 5:22 am - Stocks plunged Monday as anxiety overtook investors on the first trading day since Standard & Poor's downgraded American debt. The Dow Jones industrials fell 634.76 poin...
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Morgan Stanley: US debt rating drop poses riskAug 09, 2011 5:23 am - NEW YORK— Standard & Poor's downgrade of U.S. debt could end up hurting Morgan Stanley's business should the lower debt rating further erode confidence in the financial ...
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Will U.S. downgrade affect your home loan?Aug 08, 2011 11:46 pm - After more than four years of a housing market crisis and major changes in credit card terms, it may be hard to believe that many consumers don't know what types of loan...
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Oil dives under $85 after S&P downgrades U.S. debtAug 09, 2011 5:43 am - SINGAPORE — Oil prices dived below $85 a barrel Monday in Asia after Standard & Poor's lowered the U.S. credit rating — a blow to confidence that could hurt economic gro...
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Durbin: Debt rating should spur bipartisan actionSep 30, 2016 11:08 am - Illinois Sen. Dick Durbin says he's never seen so much rancor in Washington but believes the downgrade of the nation's debt rating may be the jolt needed to spur biparti...
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Obama: US to 'press on' despite deadly shoot downAug 08, 2011 2:28 pm - WASHINGTON — President Barack Obama says the United States will press ahead and succeed in Afghanistan despite this past weekend's deadly shoot down of a helicopter carr...
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Toyota hopes for revival after sinking to No. 3Aug 09, 2011 5:40 am - TOKYO — Toyota Motor Corp., which has sunk to No. 3 in global vehicle sales from pole position, is counting on emerging markets to drive a revival in its fortunes, one o...
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