Finance
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Consumer borrowing rises to record $2.75 trillionDec 07, 2012 2:55 pm - WASHINGTON — Americans swiped their credit cards more often in October and borrowed more to attend school and buy cars. The increases drove U.S. consumer debt to an all-...
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Fiscal cliff ads pick up where campaign stoppedDec 07, 2012 2:42 pm - WASHINGTON — Debate over the “fiscal cliff” has money pouring into television, print, radio and online ads, picking up where the wall-to-wall election campaign left off....
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Economy adds 146K jobs, rate at 7.7%Dec 07, 2012 6:46 am - The U.S. economy added 146,000 jobs in November and the unemployment rate fell to 7.7 percent, the lowest since December 2008. The government said Superstorm Sandy had o...
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Euro drops due to Germany forecastDec 07, 2012 6:30 am - The euro declined against most of its 16 major peers after the Bundesbank lowered its 2013 forecast for economic expansion in Germany, following the European Central Ban...
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Oil rises ahead of China economic dataDec 07, 2012 6:19 am - Oil prices rose moderately Friday, clawing back some of the ground lost during a sharp sell-off the day before, as traders awaited a slew of economic data from China. Be...
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U.S. stock futures drop before jobs reportDec 07, 2012 6:13 am - U.S. stock-index futures declined before reports that may show November jobs growth slowed and the unemployment rate remained unchanged at 7.9 percent in the world’s lar...
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ECB cuts growth outlook for eurozone, holds ratesDec 06, 2012 10:25 am - The European Central Bank warned of another gloomy year for the 17 European Union countries that use the euro, cutting its forecast for economic growth in 2013 from plus...
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U.S. unemployment aid applications dropDec 06, 2012 7:37 am - The number of people seeking U.S. unemployment aid fell sharply last week as a temporary spike caused by Superstorm Sandy has faded. Weekly applications have fallen back...
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Euro stocks rise on U.S. optimismDec 06, 2012 6:28 am - European stocks rose to an 18-month high on optimism U.S. lawmakers will reach a budget deal. Italian bonds retreated for a second day after support dwindled for Prime M...
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H&R Block 2Q loss narrows as revenue risesDec 06, 2012 6:22 am - H&R Block’s fiscal second-quarter loss narrowed, helped by cost-cutting efforts. Revenue climbed mostly because of a strong tax season in Australia. The nation’s larges...