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Chance of U.S. recession rises to 1-in-4

By Jason Lange | Reuters WASHINGTON, Aug 9 (Reuters) – The United States faces one-in-four odds of slipping back into recession, and a weaker economic outlook is raising the likelihood the Federal Reserve will soon do more to boost growth, a Reuters poll shows. The world’s biggest economy is still […]

Gold near $1,800 after biggest 3-day rally since 2008

By Barani Krishnan and Amanda Cooper | Reuters NEW YORK/LONDON (Reuters) – Worries of more government intervention in European and U.S. debt crises lifted gold early on Tuesday to a record near $1,800, but bullion pared gains as the battered stock market bounced higher. As investors waited for the Federal […]

Hotel Housekeeper Sues Strauss-Kahn

By WILLIAM K. RASHBAUM and JOHN ELIGON Published: August 8, 2011 The hotel housekeeper who has accused Dominique Strauss-Kahn of sexually assaulting her in his 28th-floor suite sued him in State Supreme Court in the Bronx on Monday, seeking unspecified damages for a “violent and sadistic attack” that humiliated and […]