Municipalities Feel Pinch as Another Debt Market Falters
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Alarmed by the running turmoil in the debt markets, investors have refused to buy certain securities that not long ago many regarded as equivalent to cash.
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The anemic U.S. housing market has  hurt various industries from makers of air conditioners to  earth movers, with several manufacturers reporting their top  lines have been bruised by the slowdown.
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Sirva is feeling the pinch as organizations look to spend less on employees based overseas.
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Time is running out for the best deals on student loans.
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Todayâs level of margin debt is probably not an indication that speculation has returned to the old levels.
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MANILA (Dow Jones)--President Gloria Macapagal Arroyo Monday caused a stir in local markets by saying the Philippines is in the midst of a &quot;fiscal crisis,&quot; but finance
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Faced with the collapse of the subprime mortgage market that has pockmarked their cities with vacant houses, the nationâs mayors pleaded for a huge infusion of federal aid.
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Borrowing was at the slowest pace in five months, reflecting weaker demand for auto loans.
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For a dozen years, Naples and surrounding towns have periodically choked on their refuse, but the last two weeks have flared into a real crisis.
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NEW YORK The grim toll that the U.S. mortgage crisis has taken on financial markets has been felt worldwide, from traders in Hong Kong to small-town mayors in Europe to pensioners in the American Midwest.
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As problems in the subprime mortgage industry sends ripples through the economy, shopping centers are being caught in the credit squeeze.
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Investors' expectations of an interest rate cut -- and home buyers' hopes for cheaper mortgages -- seem to be disappearing.
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U.S. Treasury debt prices were a  sliver lower on Friday, but trading was thin as many investors  took off for an early weekend before next week's Republican  convention.
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The housing slowdown has caused Americans to miss more payments on home loans, though more appear to be paying their credit card bills on time.
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Savings bonds aren't paying what they used to.
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As politicians in the state capital haggled over how to fill a &#36;4.5 billion budget deficit, New Jersey&#039;s fiscal crisis was being felt across the state &amp;#151; casinos were closed, state offices were shuttered and many state employees stayed home.
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U.S. government debt prices edged  lower on Friday as job growth in December was seen as  sufficiently strong to allow Federal Reserve officials to keep  raising interest rates.