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Best Buy To Cut Costs And Close Stores

Posted: 03/29/2012 - Best Buy plans to close 50 stores in the 2013 fiscal year, and hopes to cut $800 million in costs over the next couple of years.

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Bernanke Says US Job Market Weak Despite Gains

Posted: 03/26/2012 - Chairman Ben Bernanke says the U.S. job market remains weak despite three months of strong hiring and that the Federal Reserve's existing policies will help boost growth.

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Gas Prices Could Be Leveling Off

Posted: 03/26/2012 - Oil analysts say gas prices may start to level out since crude oil prices are starting to ease up.

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Stocks Open Lower On Economic Unease Abroad

Posted: 03/23/2012 - Stocks are opening slightly lower as investors weigh the prospects of a global economic slowdown even as several U.S. companies report strong earnings.

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Oil Prices Slide To Lowest Level In A Week

Posted: 03/22/2012 - The price of oil has dropped to its lowest level in a week as demand for oil and gas drops in the U.S., and reports emerge of a slowdown in Chinese manufacturing.

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House Charges Ahead With Budget Plan

Posted: 03/22/2012 - The Republican budget plan goes to the full House for a vote Thursday. The plan, crafted by Budget Committee Chairman Paul Ryan, would cut more than $5 trillion from the budget over the next 10 years.

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Report: Just $31b From 'Buffett Rule' Tax On Rich

Posted: 03/20/2012 - Congressional tax analysts say the proposed tax for people earning over $1 million a year would actually only offset a tiny percentage of the federal budget deficits.

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