PRESS DIGEST - Washington Post Business - July 9
WASHINGTON, July 9 (Reuters) - The Washington Post included the following items on the front page of its business section on June 9.
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Federal Reserve Chairman Ben Bernanke endorsed major changes to the way the financial system is regulated, advocating new tools to make sure big financial firms that fail do not damage the overall economy.
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The sell-off Monday in shares of Fannie Mae and Freddie Mac was based on "a lot of confusion" about a perceived threat to the mortgage funding giants, a federal regulator said on Tuesday.
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Beginning with the 2010 model year, the National Highway Traffic Safety Administration will change the way it measures frontal crash tests by placing female dummies in passenger seats and taking injury data from new parts of the body, including the legs and neck.
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Oil prices tumbled Tuesday for a second straight day, sinking $5.33 a barrel due in large measure to softening demand because of the slowdown in the U.S. and European economies.
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