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CNNMoney: Small business lending falls sharply

Despite emergency stimulus measures, small business lending continues to fall. In the just-ended quarter, the Small Business Administration's flagship program backed 30% fewer loans than it did a year ago, and 55% fewer loans than it did in 2007, before the recession set in.

CNNMoney: Jobs report slams stocks

Stocks tumbled Thursday, with the Dow losing 212 points, after a worse-than-expected jobs report hammered hopes that the economy is close to stabilizing.

CNNMoney: Dollar rises after jobs data

The dollar rose against major currencies Thursday after bleak U.S. jobs data renewed concerns about the economy and enhanced the greenback's safe-haven appeal.

Obama: Job figures sobering, but show recession is slowing

President Obama on Thursday called the nation's latest unemployment figures sobering, but said the economic recession is slowing.

CNNMoney: Oil's record high, one year later

One year ago, on July 3, 2008, oil prices settled at a record high -- a once-unthinkable $145.29 a barrel

CNNMoney: Taking a weed whacker to green shoots

It looks like someone may have sprayed a healthy dose of Ortho Weed B Gon on those economic green shoots.

Fortune: The last thing consumers need: a new agency

In his latest astutely staged gesture as grand economic reformer, President Obama this week directed his Treasury Department to deliver to Congress a 153-page bill creating a new agency to protect unwitting consumers against devious lenders.

CNNMoney: Mortgage rates slide

Home mortgage rates retreated last week, with the 30-year fixed slipping to 5.7% from 5.8% the week prior, according to a report from a financial data aggregator released Thursday.

CNNMoney: Job market takes turn for worse

The battered U.S. labor market took a step backwards last month as employers trimmed more jobs from their payrolls in June, according to a government report Thursday.

CNNMoney: States fire shots in Internet sales tax war

A battle is brewing over U.S. state sales taxes on online purchases. Internet retailers Amazon.com and Overstock.com are scaling back their operations in states that demand they collect these taxes. While this won't dent their revenues much, it foreshadows a larger clash over the taxation of internet commerce. Cash-strapped states are firing the first shots.

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