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Reuters - U.S. auto sales are expected to plunge to the lowest levels of the year in October and possibly the slowest running rate in two decades, with no certainty of when consumer confidence will return.
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0 Comments Reuters - U.S. stocks ended one of their worst months on record, but signs of further thawing in credit markets lifted battered shares on Friday.
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Reuters - Federal Reserve Chairman Ben Bernanke said on Friday that U.S. backing for the debt issued by home mortgage finance firms Fannie Mae and Freddie Mac in their current form must stand firm, even though it is appropriate to debate their future.
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AFP - Wall Street shares rallied Friday, extending the gains from a strong week, as investors focused on lower interest rates and improving credit conditions, shaking off weak economic news.
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