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SunPower's Accounting Troubles Shed Light on Falling Solar Prices – Forbes.com SunPower and other solar companies are feeling the heat of sharply dropping prices for solar panels and taking desperate steps to protect profits. (tags: solar SunPower earnings fraud) Jobless claims high and state fund nearly dry  | ajc.com Nearly as many Georgians filed new … Read more

Food Stamps Go to a Record 37.2 Million, USDA Says (Update2) – Bloomberg.com A record 37.2 million people, or about one out of every eight Americans, received food stamps in September, as the recession drove a surging jobless rate, according to a government report. (tags: govt_spending poverty food_stamps) A Low May Be Forming in Gold … Read more

Britain to Levy a One-Time Tax on Banker Bonuses – NYTimes.com The tax represents the most direct attack on bank bonuses anywhere in the world. All banks in Britain — including the London-based subsidiaries of foreign banks — will be affected, whether they took government bailout funds or not. (tags: United_Kingdom banks tax_policy) Australia's Rudd … Read more

China hints sticking to dollar despite worries | Reuters China has maintained a consistent allocation of its foreign exchange reserves across different currencies, a senior official said on Friday, suggesting that any diversification away from the dollar has been gradual. (tags: China currency U.S._dollar) Bullard: Jobless Recoveries Could Change How Fed Acts – WSJ.com Federal … Read more

UK banks owed $5bn by Dubai World – FT.com / Middle East / Finance UK banks have an aggregate exposure to Dubai World of about $5bn, the Financial Times has learnt, confirming them as the biggest creditor group at the crisis-hit emirate holding company. (tags: Dubai debt default banks United_Kingdom) The recurring gold "bubble" A … Read more