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The collapse of the subprime lending market killed the low-priced end of the housing market. Now the ruination on Wall Street threatens to kill the top of the market.

Peter Coy, Hot Property

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Parker On Wine

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Big, Bargain Australian Wines

Brash, bold, but reasonably priced, these Australian fruit bombs might be unsubtle but millions of consumers around the world drink them up

 

Featured Column

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There Is No Auto Credit Crisis

Auto sales are down. But it's not because Americans can't get financing. It's because they aren't shopping for cars

 

Books

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Sweat and Striving on China's Factory Floor

Young women who flee the hinterlands for the cities find exhausting factory work—and social mobility

 

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Top Stories

Some Cities Will Be Safer in a Recession

Cities with a strong presence in health care, education, law, energy, and the government will feel the impact of a downturn less

GM and Toyota's Race to Build Electric Cars

Toyota is being cautious with the technology, but GM is full-speed-ahead for a 2010 launch of its Volt. To the victor will go the spoils

BMW 135i: High Performance, Low Price

The budget-priced 135i is the ideal BMW for the budget-conscious: fast, fun and financially responsible

Death Rate 70% Lower at Top U.S. Hospitals

If all centers performed as well, over 237,000 lives might have been saved, survey finds

IN YOUR FACE: EUROPE'S FINANCIAL MESS

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Reader Hugo van Randwyck Writes:

"Allowing the market to clean up recklessness in the early '90s meant a quicker recovery. The bailout could lengthen the time before a healthy recovery starts."

 

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Car Buying Tips

How to save money on a new car