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...Although the financial impact of the fines will mean little to a company that last year earned $37.6 billion, the damage to its reputation may last longer. The Commission's arguments are expected to provide ammunition in a separate Federal Trade Commission investigation into similar anti-competition claims in the U.S., probes by the New York State Attorney General, and a U.S. civil suit filed by AMD in 2005. (See pictures of TIME's Wall Street covers...
...percentage had to come down. It has thus far stubbornly refused, with consumer spending hitting 70.7% of GDP - close to a record - in the first quarter of this year. American households have lost too much wealth and the job market is too miserable for that to keep up much longer...
...consumer spending remains anemic, a rebound overseas could shrink the trade deficit and thus boost the economy. There's just no concrete evidence of that happening yet - the March trade figures, released on Tuesday, showed exports declining faster than imports for the month. Over the somewhat longer term, the big question is whether the global economy can be rebalanced in a way so that the likes of China, Korea, Japan and Germany don't run such big trade surpluses and the U.S. doesn't run such big deficits. Without such a shift, it's hard...
...interest should he make only the minimum required payment each month. (That's another psychological trip-up: having a low minimum payment printed on the statement in a big font ratchets down our perception of how much we should be paying off, meaning we carry higher balances for longer.) That bill never went anywhere, but a similar provision is in the bill currently before the Senate...
...recent newsworthiness to publicize his film, and wonder why he was not speaking out for her before her case attracted such international attention. Ghobadi said he had been ordered to keep silent by sources he could not reveal, and finally broke his silence when he "could no longer hold...