Topic: Global Insight Inc.
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World's cheapest gas: Top 10 countries
While Americans and Europeans bemoan the cost of gasoline at the pumps, people in some other parts of the world enjoy filling up their tanks cheaply thanks to subsidies provided by wealthy, oil-rich governments. Here are the 10 cheapest countries on Earth to fill a gas tank.
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Smoke and mirrors in Obama's budget? Five examples of creative accounting.
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Top 5 overlooked stories of 2010
All Content
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Retail sales down, economy still struggling to gain momentum
The consumer pause in May came after seven months of gains in retail sales. There's some concern about a 'double dip' recession, but most forecasters see the economy recovering at a slow pace.
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Are home prices headed for another drop?
It's still a good time to buy. The end of tax credits and foreclosures will help keep home prices down.
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Vacation is back in vogue: Where are Americans going this summer?
Summer vacation bookings are already up from last year. What's the latest hot destination? Vegas, baby.
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Dow plunges below 10000 amid bad news on euro and US jobs
The Dow Jones Industrial Average closed Friday at 9931, below the symbolically important 10000 mark. It has slid in five of the past six weeks. Debt in Europe and tepid US job market are triggers.
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Jobs numbers for May squelch some economic optimism
Private sector businesses added just 41,000 new jobs in May, leading Republicans to criticize Obama's economic plan. But analysts see a few bright spots.
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Personal income up in April
Personal income rises for six straight months, a sign recovery is back on track.
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Home values headed to new lows?
Two new reports show home values falling again. They could dip below last year's lows, some economists say.
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Can electric cars break out of niche status in US, China market?
Despite a surge in interest, electric cars may remain niche products in the world's two largest auto markets. Advocates disagree.
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Iceland volcano costs US companies millions of dollars
The Iceland volcano has also disrupted tourism, trade in goods, and other economic activities for the US.
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Gunfire at pro-Bakiyev rally sparks concern of more violence after Kyrgyzstan coup
Bodyguards of deposed Kyrgyzstan President Bakiyev fired shots at a rally in the southern city of Osh. His refusal to leave the country since the Kyrgyzstan coup could provoke more violence.
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Ben Bernanke: Time to shift from stimulus to federal deficit
Economic recovery has progressed far enough for policymakers to turn their attention from stimulus to reducing the federal deficit, Fed Chairman Ben Bernanke testified Wednesday.
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US manufacturing export orders hit 20-year high
New export orders for US manufacturing rose to their highest level since 1989, but they're not doing much to boost US jobs.
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Case Shiller index shows house prices rising 0.3 percent
The Case Shiller index rose 0.3 percent in January. Will the expected double dip in house prices be muted?
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Storm damage 2010: States ring up the cost
Federal help for winter storm damage is on the way to 35 areas in the US. Recovery hits state and local budgets hard.
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Five months of higher spending, six months of flat income
Personal spending rose 0.3 percent in February, the Commerce Department reported Monday. But US stimulus programs have not managed to boost household incomes.
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Consumer sentiment: Will Americans spend or save?
Retail sales and consumer sentiment reports paint very different pictures of where the American consumer is headed.
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Retail sales jump, as snow melts and shoppers emerge
Retail sales for the week ending March 6 rose a robust 2.9 percent from a week earlier. Freed from snow and shovels, and ready for spring, shoppers bust loose.
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Case Shiller index: Home prices rose in six cities in 2009
Home prices were up in six cities last year, according to the Case Shiller index.
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Dow closes below 10000 for first time in three months
Concerns about the ability of Greece, Spain, and Portugal to pay their debts caused the Dow Jones Industrial average to drop more than 100 points, closing below 10000 for the first time since early November.
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Toyota recall update: dealers face full lots, anxious customers
As the Toyota recall grows to 9 million cars worldwide, dealers in America handhold worried customers and brace for losses of up to $2 million a month.
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GDP report shows US growth surged, but will it last in 2010?
US GDP report marks a strong fourth quarter but economy watchers shouldn't rejoice just yet.
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Toyota recall: Did rapid growth hurt the carmaker's quality?
The company’s growth pressured the automaker’s resources, while its achievements led to complacency, some say. Now, the Toyota recall is spreading across the globe.
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Tishman deal fails: sign of trouble in commercial real estate
Tishman sends its $5.3 billion investment in 11,000 apartments back to its bankers. The move involves two massive developments in Manhattan: Stuyvesant Town and Peter Cooper Village.
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In India, rich and poor line up for $2,000 Nano
Ten months after India's $2,000 Nano was launched, carmaker Tata has sold more than 200,000 vehicles.
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Can Americans save money – and the economy?
US consumers want to reduce their debt, but the economy's recovery depends on their confident spending.
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