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The weak dollar threatens the globe more than it does the U.S., which would enjoy rising exports and slower growth in the trade deficit, according to Standard & Poor's Chief Economist David Wyss.
With oil stocks building and prices sliding in recent weeks, the cartel quickly cut back its official quotas to prove it can maintain control of the market. But trimming production before the full force of winter hits the Northern hemisphere is a risky gambit.
An Old-Fashioned Prescription for DoctorsTired of the pressures of conveyor-belt medicine, a growing number of disenchanted physicians are finding a viable market -- and better results -- in a long-neglected practice: House calls. Housing: Growth's Shaky Foundation? The booming market has played a big role in keeping the economy moving. But rising rates could soon weigh down home prices, shrinking consumer spending and economic expansion, UCLA's Anderson Forecast warns.
The Cell-Phone Directory: No Need to Be YellowDespite the worries, the new directory-assistance service for wireless numbers promises to be plenty secure to protect privacy and foil telemarketers. |
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