Trump&#39;s financial problems a cause for concern
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FRENCH LICK, Ind. -- A state gaming official says it&#39;s too soon to discuss replacing financially troubled Trump Hotels and Casino Resorts Inc.
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Earnings from Countrywide Financial prompted concerns that the subprime loan problem is slowing growth in the U.S. economy.
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Donald J. Trump may have a new project for his apprentices - helping him try to figure out how to take his troubled casino company private after a proposed bailout fell through.
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The global financial turmoil, ignited by the subprime mortgage problems in the U.S., has exposed the downsides of spreading risk so broadly that upheavals are felt worldwide.
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Conditions are less than ideal, let us say, for President George W. Bush's last state of the union speech, to be delivered today. This is an administration that had precious little to boast about even before the economy began to nose-dive - a calamity that may not yet be plain in the figures but was certified by the Federal Reserve's dramatic interest rate cut last week. One wonders, how much worse can things get for this White House?
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With voters citing money woes as a concern, Clinton pulls a mild upset  -  and may have found her strongest issue
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The record trade deficit, a sign of the growing imbalance of the U.S. dollar against other currencies, raised new concerns about the country's indebtedness.
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Donald Trump may be the 74th-richest man in America and owner of more than half of Trump Hotels &amp; Casino Resorts (DJTC). But that didn&#39;t stop the company from filing for Chapter 11 bankruptcy protection on Sunday.
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NEWARK, NJ - Patrons of Donald Trump&#39;s gambling halls probably won&#39;t notice, but his casino empire is now in bankruptcy after months of negotiations with bondholders over a crushing $1.8 billion debt.
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Concerns about a spending slowdown continue to make IT investors nervous.
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The United States is facing the possibility of a severe economic correction. Yet most of the causes of such a correction are, for the most part, being completely ignored in preference to partisan bickering. It is the proverbial elephant in the living room - except it is not just one, but several elephants that everyone is doing their best to ignore. While the likelihood that any of these issues could result in disaster is low, these are issues worth taking the time to discuss.
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Trump Hotels and Casino Resorts, Donald Trump&#39;s troubled casino business, is to file for Chapter 11 bankruptcy protection after reaching agreement with bondholders to recapitalize debt.
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Wall Street tried to sort through some problematic readings on the economy and new concerns surfaced about the safety of owning financial stocks.
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Federal Reserve chief offers insights into conditions strained by housing and credit crises.
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Americans are worried about the economy and fear housing woes and war spending could spark a recession, despite the interest rate cut this week that sent stock markets soaring.
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The possibility of a further slide in the dollar and a decline in demand for US assets has become one of the potential risks to financial stability, the Bank of England said in its semi-annual Financial Stability Review.
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Investors were concerned that a slowing U.S. economy could spell trouble for Asiaâs export-dependent economies.