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Brain feed |
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Telegraph Business
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Business news from telegraph.co.uk
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US unemployment rate nears 5-year high
The US unemployment rate rose to a five-year high in August as the embattled American economy lost more than jobs than expected and as the government sharply revised losses from past months.
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US unemployment rate hits 5-year high
The US unemployment rate rose to a five year high in August as the embattled American economy lost more than jobs than expected and as the government sharply revised losses from past months.
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Higher earners now hit by mortgage repossessions
Mortgage arrears and home repossessions are rising fast among higher earning households, a report by a credit rating agency suggests.
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Bill Gates and Seinfeld in bizarre $300m ad campaign for Microsoft
Microsoft has kicked off its long-awaited $300m ad campaign featuring the unlikely comedy duo of the software giant's geeky founder Bill Gates and deadpan sitcom star Jerry Seinfeld.
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Huge rise in the price of food
Supermarket food prices are soaring, with the price of key items rising at several times the rate of inflation, figures show.
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UK car sales stall to lowest level since 1966
New car sales have fallen to the lowest level since 1966, as consumer confidence plummets.
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House prices are falling at fastest rate since the Great Depression
House prices are falling at the fastest rate since the Great Depression new figures show, with the number of home owners in negative equity trebling in the last month alone.
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City news (Mon-Fri)
City news (Mon-Fri)
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Another fine mess, dearly beloved of our Chancellor
An update on the Treasury's efforts to make us feel a little less Alistair Darlinged off. This week's balm for our economic woes included lifting the threshold for stamp duty from £125,000 to £175,000 and a £300m loan package to help low income families get on the housing snake, sorry, ladder.
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The lesson for BP is never again to be so naive in dealing with Russia
Something went right for a Labour Cabinet minister yesterday. Implausible, I know, but true. It was David Miliband, the Foreign Secretary, who enjoyed that rare distinction. His good fortune is thanks to a late July meeting in Prague's Palais hotel between Tony Hayward, chief executive of BP, and Mikhail Fridman, chairman of Alpha Group, a lead investor in TNK-BP, the Russian oil joint venture.
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