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US economy shrinks 3.8% in cutbacks

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US economy shrinks 3.8% in cutbacks - The US economy collapsed at the end of last year, shrinking at its fastest pace since 1982



US economy shrinks 3.8% in cutbacks  [01/31/2009 01:17 PM]
The US economy collapsed at the end of last year, shrinking at its fastest pace since 1982
Amazon to start home grocery deliveries  [01/31/2009 01:17 PM]
Amazon is drawing up plans to challenge Tesco and the other big supermarkets with a home grocery delivery service
Market round-up: Banks bounce back  [01/31/2009 01:17 PM]
The week on the stock market:UK banks enjoyed a far better time, regaining some losses, while New Star was snapped up by Henderson
£50bn cash injection to bail out business  [01/31/2009 01:17 PM]
The Bank of England was put on standby to print more money last night as Alistair Darling set out details of a radical £50bn scheme to head off a slump
Honda shutdown as Japan crisis deepens  [01/31/2009 01:17 PM]
Japan was today battered by a tidal wave of dismal economic news as it faced up to its worst post-war recession
Car giant Ford: 'We won't ask for bail-out'  [01/31/2009 01:17 PM]
Stalling car giant Ford posted its biggest-ever full-year loss of £10.2bn, but remained adamant it would not have to ask the US government for an emergency loan
Amazon celebrates Mamma Mia! effect  [01/31/2009 01:17 PM]
Online retailer amazon's UK arm had a happy christmas as the Mamma Mia! effect spread beyond the big screen
Oil prices need to rise, says BP boss  [01/31/2009 01:17 PM]
The boss of BP risked a furious backlash after calling for higher oil prices - just as rival Shell reported the biggest-ever annual profit by a European company
Henderson grabs New Star for pennies  [01/31/2009 01:17 PM]
New Star has finally imploded, with the stricken fund manager taken out by rival Henderson for just tuppence a share
Equitable victims deserve 'instant compensation'  [01/31/2009 01:17 PM]
Victims of the Equitable Life scandal are being treated in an 'unpleasant' way and deserve immediate compensation, MPs were told yesterday
Housing crash: 1.2m in negative equity  [01/31/2009 01:17 PM]
A collapse of nearly 20% in house prices means around 1.2m families have fallen into negative equity
Counterfeit coins surge to record high  [01/31/2009 01:17 PM]
Record numbers of fake £1 coins are being pumped into the economy, with one in 40 now worthless
OECD tells UK to slash its debt  [01/31/2009 01:17 PM]
The Organisation for Economic Co-operation and Development has urged Britain to set out draconian plans to cut government debt
Death knell tolls for rip-off loan insurance  [01/31/2009 01:17 PM]
The sale of controversial payment protection insurance alongside credit agreements will be banned in 2010, the Competition Commission announced today.
3,000 jobs axed, as 7,000 are created  [01/31/2009 01:17 PM]
Another 3,000 workers were told they would lose their jobs yesterday, but on a rollercoaster day in the economy, plans for 7,000 new jobs were announced
Turning back the City clock  [01/31/2009 01:17 PM]
How the Herd thundered into a rubbish bin  [01/31/2009 01:17 PM]
Global power shift is real crunch  [01/31/2009 01:17 PM]
A letter of shame from British Gas  [01/31/2009 01:17 PM]