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Where bottom of the market is isn’t clear

A restoration of confidence could lead to more bargain hunters getting back in the market. Very low stock valuations encourage those with cash and the courage to stomach volatility to search for good buys.Economists, money managers and traders who watch the markets closely say you can't assume previous bear market measures mean much.

Thu, 20 Nov 2008 23:50:42 GMT
Stocks fall to levels not seen in five years

Analysts said the worries about the automakers are only one of many concerns for the market and the uncertainty about the overall economy was battering stocks.Stocks plunged for a second straight day Thursday, falling to levels not seen in at least five years as financial and energy stocks tumbled.

Thu, 20 Nov 2008 23:21:00 GMT
Why Democrats gave Big Three a reprieve

Nov. 20: Senate Majority Leader Harry Reid has strong words for Big Three auto industry executives Thursday after he asked them to present plans detailing how the firms could be viable in the future. (MSNBC)A look at the political reasoning behind the decision by Senate Majority Leader Harry Reid and House Speaker Nancy Pelosi to give the Big Three auto makers another shot at a $25 billion loan.

Thu, 20 Nov 2008 21:49:06 GMT
Dems demand business plan from Big Three

Nov. 20: Senate Majority Leader Harry Reid has strong words for the brass of the auto industries 'Big 3' Thursday after Congress asked the automakers to present a plan defining how the use of bailout funds would help rebuild the industry. (MSNBC)Democratic leaders in Congress decided to delay a vote to bail out automakers until December and will first demand the Big Three show how the funds would transform the industry.

Fri, 21 Nov 2008 01:09:10 GMT
U.S. jobless claims jump to 16-year high

Nov. 20: More than 500,000 unemployment claims were last week, bringing the nation's total number of jobless Americans to 4 million, with the White House supporting an extension of unemployment benefits.  NBC's Tracie Potts reports. (NBC News Channel)New claims for unemployment benefits jumped last week to a 16-year high, the Labor Department said Thursday, providing more evidence of a rapidly weakening job market.

Thu, 20 Nov 2008 16:03:48 GMT
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