Ford said it would post a deeper loss for its auto business this year and warned it would be difficult to avoid a loss in 2009.

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The three men, claiming to have been rescued from financial ruin by divine intervention, went to homes and churches across North and South Carolina spreading tales of financial rescue.

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Fears are mounting over a potential cash crisis at America's top carmakers after Ford warned that its losses are running into billions as the rocketing price of petrol keeps customers out of its showrooms.

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Shares of semiconductor companies fell Friday as a Citi Investment Research analyst downgraded shares of chip makers SanDisk Corp.

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Mumbai, June 21: Indian equity markets touched their lowest point in the year so far in the week gone by, due to soaring inflation and rising global crude oil price.

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Europe's main stock markets dropped Friday, with London hit by losses to heavyweight banks after share prices fell further in Japan, traders said.

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Treasury prices moved sharply higher Friday as investors fled the stock market on concerns about the financial sector and oil prices, and traders positioned their holdings ahead of next week's Federal Reserve ...

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Washington -- Make no mistake, there is much malaise and worry in mainstream media newsrooms over the unprecedented economic and structural challenges facing journalism.

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Wall Street lost ground early Wednesday as a weak profit outlook from FedEx and a sharp earnings slide at Morgan Stanley reignited profit worries.

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Rising oil prices and continued credit worries pushed U.S. stock indexes lower Friday.

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