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Also in Personal Finance: • Foreclosures, delinquencies rise • Real Estate Weekly: read and subscribe • United Therapeutics is Jaffe's stupid pick • Reality Q&A: Easy FHA purchase rehab • Enticed by those high-dividend stocks? • Trading Strategies: September crystal ball
Google's new browser exists for no good reason, according to John Dvorak. • Poletti asks, is Chrome a defensive play?
Also in Commentary: • Hoofy and Boo: Cheese power • Friedman celebrates Couric's anniversary • Fiscal Funnies: Humor/news roundup
Also in Newsletters: • Hulbert's take on the pessimism quotient • Brimelow on gold bugs and manipulation
Also in Multimedia: • Wall Street bonuses 'broken' • Diversity on the runway • Ike weakens, Hanna toll rises
election 2008 Races add to market volatility The volatility now roiling stocks is to be expected during the summer of an election year, and the weeks ahead are likely to get rockier. • Mark Hulbert: How partisan is the stock market? 'Executive experience' isn't leadership Judging the pundits' criteria, Sarah Palin has more "experience" than McCain, Obama and Biden combined, writes Darrell Delamaide. • McCain draws 38.9 million viewers, surpassing Obama's ratings • Republican candidate vows to shake up Washington • As convention confetti clears, the real showdown begins • Dispatch from convention center: McCain's grand finale • McCain puts focus on service, country, character (First Take) | Text
EMPLOYMENT Jobs report ends recession doubts for some As unemployment rate jumps to 6.1% in August, some economists see data as confirmation that U.S. is sliding into recession. • Jobless rate jumps to 6.1% as U.S. payrolls shed 84,000 • Seven steps to a healthier U.S. economy (Minyanville)
FINANCIALS | Subprime Today Lehman stake in could prove a win or faded trophy Korea Development Bank isn't a household name outside of Asia. That may change if it succeeds in buying a stake in the investment bank. • Merrill cut to sell; shares take a hit after Goldman weighs in • Anglo Irish Bank to sell Austrian bank | Banks pace Europe's retreat • Lehman bad-debt spinoff plan | Columbia shuts mortgage unit
U.S. ECONOMY Inflation expectations at five-year low A global economic slowdown finally seems to be trumping inflation concerns, judging from trading signals given off by the bond market. • Fed is 'powerless' against this recession, says Kellner • Futures rule out rate hike in 2008 | Peroni calls for interest-rate cut
TECH & telecom Nokia's pain rings across sector Mobile-phone company's woes could spell trouble for the broader mobile and telecom sector. • SanDisk shares stoked on Samsung considering a takeover • Dell to dispose of factories, overhauling its business model
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