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The head of the New York Fed, Timothy Geithner, hinted at further actions to restore banking confidence but offered no specifics
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While many investors were hoping for more, the Federal Reserve trimmed interest rates by a quarter-point and remains wary of inflation
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The BJP's Hindu nationalist and pro-business policies face a test in the western state of Gujarat, where Narendra Modi is up for reelection as chief minister
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The U.S. Treasury Secretary will be asking Beijing for faster appreciation of the yuan and reforms that will let foreigners in on the country's investment banking boom
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S&P thinks the conflicting risks of higher inflation and lower growth will lead to at least one ECB rate cut in the second half of 2008
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Critics say limiting carbon emissions could cost trillions. But a new study suggests the costs are much lower
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Reports on October personal income and construction spending prompt Action Economics to slash its GDP forecast for the quarter to 0.5%
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The euro zone grows increasingly concerned that it may not be immune to the fallout from slowing U.S. growth and the subprime mess
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What could stop the bleeding? One pro suggests a "shock and awe" Fed rate cut of a full percentage point
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Pricey crude hurts in all sorts of fiscal ways—but it could also spur crucial investment in alternative fuels
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