First:
U.S. Economy Contracts as Consumers Cut Back SharplySecond:
The economy shrank at an annual rate of 0.3 percent in the third quarter, as personal consumption spending fell for the first time in 17 years.
With 58% Jump in Profit, a Record Quarter for Exxon
In what might be the high-water mark for corporate profits, Exxon Mobil reported quarterly income of $14.8 billion as oil prices hit a record this summer and gasoline soared.
They have served their masters well.
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