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News To Know: No Kidding

By Dave Goldstein, December 2, 2008 09:55 AM

Yesterday the National Bureau of Economic Research announced that the U.S. has been in an economic recession since late 2007. For just about everyone else, this was pretty old news. The stock market responded accordingly and tanked, as the Dow fell 679 points. Despite all the bad news, the government still says it is working hard to stem the losses and Fed Chief Bernanke has outlined some additional actions that could improve the economy.

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recession economy

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