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Most Popular Stories
Republican Presidential Race Reshaped by Straw Poll, Perry
The fight for the 2012 Republican presidential nomination resets today after a hard-fought straw poll win, the entrance of a new contestant and the withdrawal of another.
 
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SEC Reviews S&P; Math, Possible Leak of Rating
The Securities and Exchange Commission is reviewing the method Standard & Poor’s used to cut the U.S.’s credit rating and whether the firm properly protected the confidential decision, according to a person with direct knowledge of the matter.
U.S. Consumer Confidence Drops to Three-Decade Low Amid Economic Headwinds
Confidence among U.S. consumers plunged in August to the lowest level since May 1980, adding to concern that weak employment gains and volatility in the stock market will prompt households to retrench.
Withdrawals From Stock Funds Biggest Since ’08
Investors pulled the most money from global stock funds since 2008 in the past week as the Standard & Poor’s downgrade of Treasuries and the deepening European debt crisis prompted a flight into cash and gold.
Wall Street Trader Bonuses May Drop 30%: Study
Wall Street will cut year-end bonuses for fixed-income and equities employees by as much as 30 percent from last year, according to revised estimates from Johnson Associates Inc.
Mario Pressured to Jump to IPhone as Nintendo Wii, 3DS Slump
In “Super Mario 3DLand,” Nintendo Co. will make its iconic Italian plumber battle turtle-like Koopa Troopas on its 3-D player. The company instead should develop titles for Apple Inc.’s iPhone, investors say.
Bachmann Would Reduce Social Security, Medicare Pay for Future Recipients
U.S. Representative Michele Bachmann said she would reduce Medicare and Social Security benefits for all but current recipients as part of an effort to reduce the federal deficit.
Perry Must Find Campaign Cash Beyond Texas Pool of Rich Donors
Governor Rick Perry has shown himself as a master of Texas-style campaign fundraising, bringing in more than $100 million in his decade as the state’s chief executive, mostly from the deep pockets of rich Texans and corporations.
Meatpacking District Draws Levi’s, Loses McCartney
Jeffrey Kalinsky opened a fashion boutique in Manhattan’s meatpacking district in 1999. In those days, he said, the neighborhood was “lawless.”
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