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Sunday, July 14, 2024

Paulson says economy has turned down sharply

WASHINGTON (Reuters) - Treasury Secretary Henry Paulson said on Thursday that the U.S. economy had "turned down sharply" and still faced risks from the housing and finance sectors.

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WASHINGTON (Reuters) – Treasury Secretary Henry Paulson said on Thursday that the U.S. economy had “turned down sharply” and still faced risks from the housing and finance sectors.