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Business News

• What might make the Fed flinch? September 5, 2010
  WASHINGTON (Reuters) - The U.S. economy appears to be trudging along, neither booming nor busting, growing steadily enough to diminish double-dip recession fears but not quickly enough to bring down unemployment. […]
• Debt levels should fall after pre-crisis jump: BIS September 5, 2010
  LONDON (Reuters) - Debt levels that ran up ahead of the financial crisis have shown only a modest decline since and are likely to fall sharply in the coming years, a study said. […]
• Taxpayers may face initial loss on GM IPO: sources September 5, 2010
  NEW YORK/DETROIT (Reuters) - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said. […]
• IMF's Lipsky says moderate world recovery underway September 4, 2010
  GWANGJU, South Korea (Reuters) - The world economy is recovering moderately but still faces challenges such as the need for medium-term fiscal consolidation, the IMF's First Managing Director, John Lipsky, said on Sunday. […]
• Obama says his economic policies halted "bleeding" September 4, 2010
  WASHINGTON (Reuters) - President Barack Obama, previewing a big push on the U.S. economy next week, on Saturday defended policies that he said "have stopped the bleeding" and put the middle class on the road to recovery. […]