Worries Over Inflation Send U.S. Market Down

The talks between G.M. and Cerberus Capital Management, the individual equity firm that owns Chrysler, began more than thirty day period ago, and the negotiations are not sure to produce an understanding. Two people close towards the process said likelihood of a merger were "50-50" as of Friday and would definitely still take weeks to work information about.

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What's interesting is the very fact more Americans are removing personal loans according a new report on Digital News as people look for low interest alternatives for borrowing. Tight credit and poor economic conditions has grown the the demand for personal quick loans.

Japan's Not at all.3 automaker missed its $4.4 billion profit target for 2006-07 by a tenth and their fourth-quarter profit dropped by about half because company announced employee buyout programs within Japan within the Improve.

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There are no market moving economic releases today, but Kansas City Fed President Hoenig end up being speaking at 11:45 AM ET. His remarks should draw involving attention as Mr. Hoenig has been the one known dissenter at prior FOMC get togethers.

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