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US recession forecast to drag on
The US recession is likely to drag on well into 2009 with a "moderate recovery" in 2010, according to forecasts from the US Federal Reserve.
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Oil Curve Steeper Than ‘99 Shows Possible Gain in ‘09
The steepest plunge in crude prices on record may be setting up oil investors for a rally this year, if history is any guide. 20
2009 seen to be year of global recession with worst ahead
The global financial system in 2008 experienced its worst crisis since the Great Depression of the 1930s. Major financial institutions went bust. Others were bought up on the cheap or survived only after major bailouts. 22
Gold may shine again in 2009
Huge government deficits, low interest rates and rapidly growing money supply all add to the likelihood of renewed inflation - and a rising gold price. How high? Very. 5
Weekly jobless claims rise 15,000 to 478,000
Jobless claims moved higher last week, pointing the way to an increase in the nation's unemployment rate, economists said Thursday. 11
Greenspan Warns Of "Significant Rise" In Unemployment
Former Federal Reserve Chairman Alan Greenspan addressed what he termed a "once-in-a century credit tsunami" Thursday before the House Committee on Oversight and Government Reform. 11
Forex Meltdown Intensified by Fears of Recession
The Forex meltdown took a life of its own in Asian and European trade, reflecting further deleveraging in equity and credit markets, and especially intensified by the fall out in emerging market currencies and prolonged reaction to remarks from B 12
Canada's economy still better than U.S.: StatsCan
Canada's economy remains in better shape than the U.S. economy in a variety of areas, and recent indicators suggest the gap between the two has been widening, according to a Statistics Canada analysis Thursday. 
