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Culturathe-shaker: that blog/flickr/multimedia-aggregator kind of thinglorenzocronin/imag/ed/hombre65x65.pnghttp://lorenzocronin.lacoctelera.net/post/2009/05/15/online-financial-newsOnline financial news2009-05-15T11:26:26+00:002009-05-15T11:26:26+00:00
<p>In another sign that the <a href="http://finreviewer.com">recession</a> is hurting the technology sector, Internet search engine Yahoo Inc. said Thursday that it will forgo annual salary increases this year as part of a cost-cutting plan.</p>
<p>President-elect Barack Obama is seeking as much as $310 billion in <a href="http://goodfinanceday.com">tax cuts</a> as part of a massive stimulus plan to counter what senior policymakers warned could be a prolonged period of economic stagnation and deflation.</p>
<p>Republicans in the House of Representatives told President Barack Obama on Friday the best way to boost the <a href="http://businesscounsels.com">economy</a> would be to cut income taxes, rather than the Democratic plan which puts more focus on government spending.</p>
<p>Fannie Mae, the largest provider of money for U.S. residential <a href="http://variousnotes.com">mortgages</a>, on Wednesday said its regulator named nine board members, including a former Morgan Stanley executive.</p>
<p>Gas <a href="http://onlinebusinesssurvey.com">prices</a> fell for the tenth consecutive day Monday, according to motorist group AAA. Regular unleaded fell to an average of $1.619 a gallon, the lowest since gas hit $1.617 a gallon in January 2004.</p>
<p>Last week, New York University and Carnegie Mellon sent a new class of math whizzes out into a profession that is both blamed for the <a href="http://fundscons.com">financial collapse</a> and charged with preventing it happening again.</p>
<p><a href="http://darbymachado.mylivepage.com/blog">Business bulletin</a></p>