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Initial jobless claims drop to 340,000 after one-week spike
WASHINGTON -- Initial unemployment claims dropped back to a level indicating moderate job growth last week after a spike the previous week raised alarms about the labor market recovery. The number of people filing for unemployment benefits for the first...
Tags: Labor Markets, Career and Workplace, Verizon Communications, Employment, Unemployment Rate
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PRECIOUS-Gold slips after Bernanke hints at slowing bond purchases
ReutersSINGAPORE, May 23 (Reuters) - Gold fell for a third straight session on Thursday after U.S. Federal Reserve Chairman Ben Bernanke hinted at reducing an $85 billion bond-buying programme that has increased the metal's appeal as a hedge against inflation....Tags: China, Gold and Precious Material, U.S. Congress, European Central Bank, Metal and Mineral
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NYMEX-Oil falls to around $94 on gasoline stocks, Fed concerns
ReutersPERTH, May 23 (Reuters) - U.S. crude futures prices dropped to around $94 a barrel on Thursday after data showing U.S. gasoline supplies rose and on concerns that the U.S. Federal Reserve may curtail its bond-buying stimulus later this year. FUNDAMENTALS...Tags: S&P 500, China, Petroleum Industry, European Central Bank, Unrest, Conflicts and War
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METALS-Copper falls from 6-week high as end to U.S. bond buys weighed
ReutersSINGAPORE, May 23 (Reuters) - London copper fell on Thursday from the previous session's six-week peak after signs the U.S. central bank was veering towards tapering its bond-buying scheme, and ahead of a string of global manufacturing sector reports....Tags: European Central Bank, Iran's Nuclear Program, Metal and Mineral, Iran, Ben Bernanke
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Egyptian factories, hit by subsidy cuts, highlight Cairo's fiscal dilemma
Reuters* Brick, cement makers hit first by govt drive to cut energy subsidies * Cairo needs to cut spending but austerity risks more social unrest * Analysts urge Cairo to move quickly to secure IMF loan By Asma Alsharif AL-SAFF, Egypt, May 22 (Reuters) -...Tags: Petroleum Industry, Finance, Cairo (Egypt), International Organizations, Public Finance
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Bernanke's prepared testimony to Joint Economic Committee
ReutersWASHINGTON (Reuters) - Below is the text of Federal Reserve Chairman Ben Bernanke's prepared testimony on the U.S. economy to the congressional Joint Economic Committee on Wednesday. Chairman Brady, Vice Chair Klobuchar, and other members of the...Tags: Credit Ratings, Labor Markets, Career and Workplace, Economy, Budget Control Act of 2011
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Early Easter leaves Orlando hotels with April hangover
After four months of year-over-year growth, business dipped in April at Orlando-area hotels, likely because of an early Easter this year and the absence of a couple of big conventions in town. Hotels in the Orlando market filled 72.6 percent of their...
Tags: Orlando Hotels, Trips and Vacations, Travel, Hotel and Accommodation Industry, Hotels and Accommodations
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Why the medical device tax needs to stay
The chief drawback of a law as complex as the Affordable Care Act, the health insurance reform measure passed in 2010, is that it provides self-interested opponents a multitude of places to stick a wedge in and hammer away. But you'd be hard-pressed...Tags: Career and Workplace, Government Health Care, Health Insurance, Dwayne Johnson, Patient Protection and Affordable Care Act
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Fed's Bullard recommends euro zone consider QE
ReutersFRANKFURT (Reuters) - A top Federal Reserve official urged the European Central Bank on Tuesday to consider employing a U.S.-style quantitative easing program to counter slowing inflation and recession in the euro zone. The ECB has engaged in bond...Tags: Inflation and Deflation, Foreign Exchange Market, European Central Bank, Economy, Market and Exchange
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IMF says Egypt budget gap worrying, urges Yemen to finalize economic program
ReutersDUBAI (Reuters) - Egypt's worsening fiscal gap is a concern but the International Monetary Fund is still ready to continue talks on a $4.8 billion loan once Cairo completes a review of its economic program, a senior IMF official said. "We are ready to...Tags: Finance, International Organizations, Government Debt, Public Finance, International Monetary Fund
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Awaiting rebound in Europe, Poland stifles growth at home
ReutersWARSAW (Reuters) - Poland has turned its back on policies that once made it Europe's growth leader and is flirting with the recession that it alone among its emerging European Union peers has evaded through years of crisis. It weathered the global...Tags: Career and Workplace, Economy, Donald Tusk, Finance, European Union
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Ghana hopes to shield economy from African oil curse
Reuters* Economists cite risks of fiscal laxity, Dutch disease * Nigeria saw agricultural sector ravaged, corruption soar * Ghana wants to increase investment in cocoa sector * Ghana has strong democratic institutions, oil wealth funds By Matthew Mpoke...Tags: Inflation and Deflation, Petroleum Industry, Elections, Moody's Corporation, Conservation
May 23, 2013
|Story| Los Angeles Times
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 21, 2013
|Story| Orlando Sentinel
May 21, 2013
|Column| Los Angeles Times
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Reuters
May 20, 2013
|Story| Reuters
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