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Dollar edges up after European rate hike
The dollar rose against the euro Thursday following the European Central Bank's (ECB) decision to boost interest rates, a move that appeared to have been priced into the currency.
CNN Money

Dollar stands firm after European rate hike
The dollar rose against the euro Thursday following the European Central Bank's (ECB) decision to boost interest rates, a move that appeared to have been priced into the currency.
CNN

Audio: Desperate times call for avoiding desperate measures
Robert Powell, editor of Retirement Weekly, said in a radio interview that older investors feeling the pinch of the economy and the stock market need to find ways to avoid the most desperate of financial moves, namely tapping retirement plans early, taking life settlements on insurance policies, or taking out a reverse mortgage. Powell said that seniors too often jump at these moves, losing valuable dollars to taxes or fees, which simply makes it even harder to save sufficiently for retirement.
MarketWatch.com

Don`t blame the buck for high oil price: Paulson
LONDON (Reuters) - A weaker dollar cannot be blamed for soaring oil prices as policymakers around the world tussle with the twin specters of rising inflation and slowing growth, U.S. Treasury Secretary Henry Paulson said on Thursday.
Reuters

Paulson: no quick fix for oil price
LONDON (AP) -- U.S. Treasury Secretary Henry Paulson warned Thursday that rising oil prices are likely to prolong the world economic slowdown....
The Arizona Republic

Dollar drifts ahead of ECB rate call
Read full story for latest details.
CNN Money

Adjusting to a softer real estate market
A big reason that Fiona Saulness has saved as much as she has for retirement is real estate. Not only has the 52-year-old made a good living as a realtor, her investments in her Arizona house (which she owns free and clear) and a Seattle condo (which she rents out) have helped her amass nearly three-quarters of a million dollars in home equity.
CNN

Paulson: No quick fix for oil prices
U.S. Treasury Secretary Henry Paulson warned on Thursday that record oil prices are likely to prolong the world economic slowdown. 'I think that the oil prices are a strong head wind and at this level, they have got a high risk that they are going to prolong...
San Francisco Chronicle

Letters go to music file-sharers
The music industry says thousands of UK broadband users who share tracks illegally will be warned about it in letters.
BBC

Retailers left reeling by Marks and Spencer `downgrade`
MARKS & Spencer yesterday sent a shockwave through the retail sector by issuing a surprise profit warning, having been hit by slowing sales in its core UK market.
Scotsman

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Archived "business - warning dollar" news stories.

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