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  • WASHINGTON: In the US, spending on non-durable goods — items like food and paper products — dropped at the sharpest rate since late 1950. Continuing job losses coupled with declining gains from stocks and other investments have put consumers ...
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  • Shares of American International Group Inc. rallied more than 20% Monday on news the troubled insurance company received additional help from the government as the financial sector opened the week slightly higher.
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