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Careful investing in shares and trading prudently can maximize stock market gains. I first began investing when I was 19 and by the time I was 35 my lifetime gains in share price increases alone were enough to retire on. (read the full text now)

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05/16/2008 Morgan Stanley cut 1,500 jobs this week: source (Reuters)

Reuters - Morgan Stanley cut 1,500 jobs this week across its investment banking, trading and asset management businesses, a person familiar with the situation said Friday, a 5 percent reduction of non-broker employees.

05/16/2008 Wall St ends flat as energy gains offset sentiment (Reuters)

Reuters - Stocks finished little changed on Friday as surging oil prices lifted energy shares and offset data that showed consumer confidence sank to its lowest in 28 years.

05/16/2008 Consumers' mood as grim as early-80s (Reuters)

Reuters - U.S. consumer confidence tumbled to a 28-year low this month as rising prices strained household finances, while another drop in single-family housing starts underscored problems still plaguing the economy.

05/16/2008 American Axle and UAW reach tentative agreement (Reuters)
Reuters - The United Auto Workers and American Axle & Manufacturing Holdings Inc reached a tentative contract agreement late Friday aimed at ending an 11-week-long strike that had triggered thousands of layoffs and cost General Motors Corp at least $1 billion.

05/16/2008 Lehman Brothers job cuts to start next week: report (Reuters)

Reuters - Investment bank Lehman Brothers Holdings Inc will begin cutting jobs starting next week, CNBC Television reported on Friday, without citing sources.

 

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