It's a big number that only tells part of the story. The number of banks that have failed so far this year topped 100 on Friday -- hitting 106 by the end of the day -- the most in nearly two decades.
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Bank failures hit 106 for year; many more are weak (AP)
Posted by bummed 137 days ago (http://us.rd.yahoo.com)Weak retail sales in June raise worries (AP)
Posted by bummed 244 days ago (http://us.rd.yahoo.com)
After yet another weak month, retailers are preparing to fight for their share of crucial back-to-school shopping. But they may have to keep discounting to keep consumers coming in, given escalating job uncertainty.
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Stocks fall on weak retail sales, foreclosure jump (AP)
Posted by bummed 301 days ago (http://us.rd.yahoo.com)
Investors are looking at the economy more skeptically. Stocks retreated more than 2 percent on Wednesday and bond prices rose after two reports suggested the economy is not bouncing back as quickly as investors hoped.
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