U.S. sells record debt, China rate cut disappoints »
Posted By iamamaniac 11 months, 1 week ago in Business & FinanceWASHINGTON/BEIJING - The United States sold a record amount of debt to help fund its efforts to contain the financial crisis and Beijing's fifth rate cut since September failed to boost Chinese shares, as gloomy economic and corporate reports showed the world economy was stuck in a deep rut.
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