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Bernanke: No quick recovery

Federal Reserve Chairman Ben Bernanke warned in a speech Wednesday that the U.S. economy will take some time to recover - even if the credit markets return to normal soon.

Drill-baby-drill, meet $75 oil

"Drill-baby-drill!"

Oil ends at 13-month low

Oil prices sank Wednesday as investors saw further signs of economic weakness and worried that a U.S. recession could kill demand for fuel.

Ex-AIG chief Greenberg takes the Fifth

Maurice "Hank" Greenberg, the legendary former chief executive of AIG, declined to answer questions Saturday from the New York Attorney General's office about his role in a controversial transaction between AIG and another insurer. Instead, Greenberg invoked his Fifth Amendment rights, his defense lawyer confirmed.

eBay shares fall on grim holiday outlook

The online auction site meets analyst estimates, but unnerves investors with a dismal outlook for the coming holiday shopping season.

Tesla CEO ousted, layoffs coming

Feds launch probe of WaMu's failure

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Cuomo to AIG: No more parties

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Worst retail sales in three years

Retail sales suffered their biggest drop in three years last month, as American households reined in spending amid a tough job market, the financial crisis and falling home values.

GM: Better off bankrupt

GM certainly is keeping a close eye on its cash these days.

Regulators clear BofA, Merrill deal

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Wells Fargo profits better than expected

Wells Fargo & Co. said Wednesday its third-quarter net income declined about 24%, but the results were much better than expected.

Where Wall St. meets Main St.

News of the financial crisis is everywhere. And while average Americans used to feel blissfully disconnected to the workings of Wall Street, it's now become clear that the fates of those on Wall Street and Main Street are closely linked.

JPMorgan Chase posts surprise profit

JPMorgan Chase reported a surprise quarterly profit Wednesday, even as the company took a hit related to its purchase of failed savings and loan Washington Mutual and warned of earnings pressure in the months ahead.

American Airlines to buy 42 jets

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Is Skype on sale at eBay?

In its mere five years of existence the word "Skype" has taken on an unusual dual meaning in the Internet world - known equally as a stunningly successful example of consumer adoption and a dealmaking flop of multibillion-dollar proportions.

Apple unveils sleeker laptops

Apple announced Tuesday a new line of MacBook laptops in the hopes of juicing sales at a time when investors are increasingly nervous about a consumer spending slowdown.

Overstock.com nears settlement

A chapter in one of Wall Street's more bitter and colorful legal sagas ended Monday when Internet retailer Overstock.com and independent research outfit Gradient Analytics settled their differences.

The 'netbook' revolution

Ever heard of a "netbook"? They're small, light, machines that sell for as little as $250 to just north of $600 - and they're selling like hot cakes.