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October e-commerce up a humiliating 1 percent [Stats]

The accompanying chart from TechFlash says it all: Online sales just aren't growing anymore. October's 1 percent growth over October 2007 is the worst performance measured by ComScore since they began tracking stats in 2001. TechFlash quotes Gian Fulgoni, chairman of the research firm: "We c...

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Valleywag — 4 days ago

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[OIL PRICES] Oil Falls Toward $50 a Barrel as Fuel Use Falls, Equities Slump !

Crude oil fell for a fifth day, approaching $50 a barrel, as the contracting world economy increases concerns that demand for fuels will slow. U.S. fuel use during the past four weeks averaged 19.1 million barrels a day, down 7 percent from a year ago, an Energy Department report said yesterday.. ...

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The Energy Blog — Before yesterday

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Inflation falls as UK falls into recession

Inflation in Britain has fallen for the first time in 15 months as the economy plunges into recession. ...

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ABC News : Just In — 3 days ago

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Con ed price slice

City residents can continue to expect shrinking electricity bills, thanks to plummeting oil prices. Con Ed customers will see their rates drop again, from last month's 23.52 cents per kilowatt hour to an estimated 19.01 this month, officials said... ...

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NY Post: News — 4 days ago

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Traders to collect big on slick bet

Investors who placed summer bets that oil prices would fall below $100 a barrel are set to make huge profits on Monday, with some speculators reaping a return of more than 2,000 per cent in less than six months ...

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FT.com — 6 days ago

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