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Consumer spending is often cited as representing 70 percent of the nation's gross domestic product, making the figure a critical economic indicator.
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Taxpayers bailed out much of the U.S. auto
industry. Now the carmakers might be what saves the nation's economy
from falling back into recession.
U.S. home prices rose from the first quarter of 2011 to the second, but remain down on an annual basis, a closely watched housing index showed Tuesday.
Former U.S. Vice President Dick Cheney says he opposed a federal rescue of the auto industry, saying he would have preferred the government not get involved.
Research In Motion Ltd. announced three new models in its popular low-end BlackBerry Curve range, featuring its new BlackBerry 7 operating system.
Struggling banking giant Bank of America gained
further financial breathing room Monday, raising $8.3 billion
in cash from the sale of half its stake in China Construction Bank.
For avoiding the pitfalls of credit card debt without keeping a lot of cash on hand, there's really no better option than a debit card.
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