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In other news Thursday, the Pope began a visit to Britain with his strongest admission about how the Catholic Church failed to deal decisively with sexual abuse by priests.
A voice from the past weighed in on the ongoing debate of the Bush Era Tax Cuts. Alan Greenspan, the former chairman of the Federal Reserve, said the country cannot afford to keep the tax cuts at a time of…
In other news, the Dow Jones industrial average and the NASDAQ both closed higher Monday. In Venezuela, a plane carrying 51 people crashed and killed at least 14.
In other news Friday, U.S. markets rose ahead of the holiday weekend on news of the latest unemployment reading.
In other news Thursday, the Labor Department announced jobless claims rose to 500,000 last week. On Wall Street, there were disappointing numbers as well.
In other news Tuesday, the Federal Reserve projected U.S. economic growth will be "more modest" than its June estimate.
Amid the grim job numbers from the Labor Department Friday, Wall Street managed to come out of the week ahead. The Dow is up nearly 2 percent and the NASDAQ rose 1.5 percent. Also, BP is waiting for cement to…
In other news, Wall Street advanced on tech stocks, and House members introduced a proposal that would force GM and Chrylser to restore franchise agreements with auto dealers.
In other news, large gains in the banking and tech sectors led markets higher, and a passenger plane crashed in Iran, killing all 168 people on board.
By Admin, PBS NewsHour
Financier Bernard Madoff was sentenced Monday to 150 years in prison after pleading guilty in March to bilking investors out of as much as $65 billion over two decades.
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