More Transportation Spending: False Promises of Prosperity and Job Creation

Several presidential candidates have included infrastructure and transportation spending in their proposed stimulus packages.

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GM CEO Wagoner to resign: report

DETROIT - A person with knowledge of General Motors' plans says Rick Wagoner will step down immediately as chairman and chief executive of the struggling Detroit automaker. The person asked not to be identified because Wagoner's plans have not been formally announced.

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Housing slump frays economy of 'carpet capital'

Buzz up! Print.DALTON, Ga. (AP) -- Inside a cavernous factory, massive machines that churn out carpeting for Home Depot and Lowe's were idled on a recent Friday as workers took a forced day off without pay.

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Citi joins the list of companies too big to fail

Taxpayers may be wondering why they're forking over more money to rescue yet another behemoth, Citigroup, even as their own nest eggs crack and jobs evaporate.

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Palin delivers in debate, but doubts linger

Much of the pre- and post-debate spin centered on Republican VP pick Sarah Palin, but Democratic VP candidate Joe Biden tried to reassure voters about his and Obama's readiness for office

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Bush: 'Painful and lasting' economic damage

President Bush warned Tuesday that failing to pass a financial rescue plan would bring severe consequences to the U.S. economy.

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Newsvine - Bailout vote stuns Washington, markets

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Bailout vote stuns Washington, markets

World financial markets reeled and stunned lawmakers groped for their next move Monday after the House failed to approve a $700 billion bailout of the financial services industry.

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