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  • Wall Street rises on upbeat economic data (Reuters)
    Thu, 09 Sep 2010 14:29:27 GMT

    Traders work on the floor of the New York Stock Exchange, September 7, 2010.REUTERS/Brendan McDermidReuters - Stocks rose nearly 1 percent in morning trading on Thursday after data indicated the U.S. economy may see faster growth than economists have anticipated.


  • Jobless claims add hope to labor outlook (Reuters)
    Thu, 09 Sep 2010 13:20:20 GMT

    People wait in line to enter the City University of New York (CUNY) Big Apple job fair in New York, April 23, 2010. REUTERS/Shannon StapletonReuters - New claims for unemployment benefits fell more than expected last week to a two-month low, while the trade deficit narrowed sharply in July, hopeful signs for the stuttering economic recovery.


  • British MPs to grill BP CEO Hayward (Reuters)
    Thu, 09 Sep 2010 11:46:17 GMT
    Reuters - British Members of Parliament (MPs) will next week grill outgoing BP Plc Chief Executive Tony Hayward, as part of an investigation into risks around deepwater drilling in the North Sea.
  • McDonald's shares fall on limp sales in France (Reuters)
    Thu, 09 Sep 2010 14:37:52 GMT

    McDonald's product is pictured in a restaurant in Washington, July 23, 2010. REUTERS/Molly RileyReuters - McDonald's Corp reported softer-than-expected August sales in Europe, its biggest revenue market, due to weakness in France, sending its shares down nearly 3 percent.


  • UK watchdog fines Goldman Sachs $27 million (Reuters)
    Thu, 09 Sep 2010 09:44:26 GMT

    Traders work in the Goldman Sachs stall on the floor of the New York Stock Exchange July 16, 2010. REUTERS/Brendan McDermidReuters - Britain's financial watchdog slapped a 17.5 million pounds ($27 million) fine on Goldman Sachs on Thursday for inadequate disclosure of a U.S. probe into the Wall Street powerhouse.


  • Wall Street up as fears for European economy ease (AFP)
    Wed, 08 Sep 2010 14:24:11 GMT

    A steet sign stands on Wall Street near the New York Stock Exchange in New York, in January 2009. US stocks were slightly up after news of a successful Portuguese debt auction eased the previous day's concerns about the European economy.(AFP/File/Emmanuel Dunand)AFP - US stocks were slightly up on Wednesday after news of a successful Portuguese debt auction eased the previous day's concerns about the European economy.


  • US loses ground in competitiveness report (AP)
    Thu, 09 Sep 2010 11:28:27 GMT
    AP - The U.S. has slipped down the ranks of competitive economies, falling behind Sweden and Singapore due to huge deficits and pessimism about government, a global economic group said Thursday.
  • Spartech posts fiscal 3Q loss, misses expectations (AP)
    Wed, 08 Sep 2010 23:24:40 GMT
    AP - Plastic sheet and packaging maker Spartech Corp. reported a net loss for its fiscal third quarter on Wednesday and said that despite higher revenue, the overall market recover is slower than expected.
  • Struggling Spain OKs labor market reforms (AP)
    Thu, 09 Sep 2010 13:57:15 GMT

    FILE - In this Sept. 7, 2010 file photo, Spain's Prime Minister Jose Luis Rodriguez Zapatero attends a news conference at the Moncloa Palace in Madrid. Spain gave final approval Thursday, Sept. 9, 2010, to labor market reforms designed to shake up a listless economy and help slash a bloated deficit that has prompted European-wide worries of another Greek-style debt crisis. (AP Photo/Daniel Ochoa de Olza, File)AP - Spain gave final approval Thursday to labor market reforms designed to shake up a listless economy and help slash a bloated deficit that has prompted European-wide worries of another Greek-style debt crisis.


  • FDIC's Bair warns of government "exposure" in mortgages (Reuters)
    Thu, 09 Sep 2010 03:53:37 GMT
    Reuters - A key U.S. banking regulator raised concern on Wednesday about the risk of "exposure" the government is taking on in the mortgage market and urged more stringent standards for underwriting mortgages.

 

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