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Wall Street: Recession worries; concerns about Obama's team

September 16, 2011 |  8:13 am

Wall Street
Gold: Trading at $1,796.70, up $15.30. Dow Jones industrial average: Up 12.33 points to 11,445.51.

Yahoos for Yahoo. The popular but troubled Internet company is drawing interest from potential buyers.

Obama's economic woes. A new book argues that internal strife and foot-dragging among members of President Obama's economic team have hamstrung the administration's response to the weak U.S. economy.

Recession clouds. Economists say there is a 1-in-3 chance the U.S. will slip into recession over the next 12 months.

Fraud charges. Police in Britain have brought criminal fraud charges against the UBS trader accused of racking up $2 billion in losses.

-- Walter Hamilton

Photo: A flag flies in front of the New York Stock Exchange. Credit: Stan Honda / Getty Images

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