Finance
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Fund manager: Don't get caught up in Asia numbersMay 11, 2013 11:00 pm - BOSTON — Investors are worried about the slow pace of U.S. economic growth, but we're just one player in the international arena. To assess the global outlook, two numbe...
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G7 says Japan playing by currency rulesMay 11, 2013 6:27 pm - AYLESBURY, England — Japan convinced its partners in the Group of Seven leading industrial economies Saturday that it was not manipulating its currency as part of a bold...
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Treasury reports $113 billion surplus in AprilMay 10, 2013 5:42 pm - WASHINGTON — The U.S. Treasury said Friday that it took in a rare surplus of $113 billion in April, the largest in five years. Steady economic growth and higher tax rat...
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Despite late start, officials say record corn crop likelyMay 10, 2013 5:12 pm - DES MOINES, Iowa — The wet start to the corn planting season is expected to reduce the amount each acre produces this year, but farmers are planting so much of the crop ...
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Yen in focus as G-7 discusses recoveryMay 10, 2013 3:41 pm - AYLESBURY, England — Financial leaders from the world’s top seven developed economies are gathering in the U.K. to discuss how to shore up the global recovery just as th...
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Post office lost $1.9 billion in second quarterMay 10, 2013 1:21 pm - WASHINGTON — The U.S. Postal Service said Friday it lost $1.9 billion over the last three months and warned that losses would continue to mount without help from Congres...
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Feds: Hackers stole $45 million in ATM card breachMay 09, 2013 5:00 pm - NEW YORK — A gang of cyber-criminals stole $45 million in a matter of hours by hacking their way into a database of prepaid debit cards and then fanning out around the g...
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Home builders need workers to keep up with demandMay 09, 2013 5:00 pm - The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help. And he would — if he ...
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Record profit signals healthier Fannie MaeMay 09, 2013 4:05 pm - WASHINGTON — Fannie Mae said something Thursday that would have been unthinkable a few years ago: It earned a record $58.7 billion profit in the January-March quarter. ...
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Hedge fund manager Falcone to settle fraud caseMay 09, 2013 1:16 pm - WASHINGTON — Billionaire hedge fund manager Philip Falcone and his firm have agreed to pay $18 million to settle civil fraud charges that he used fund money to pay his t...