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Obama says China agrees on Iran nuclear transparency

China and the United States agree Iran must show its nuclear program is peaceful and transparent, President Barack Obama said on Tuesday, but Chinese President Hu Jintao was more guarded on the dispute at a summit in Beijing.

Obama to launch cross-country economic tour

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U.S. President Barack Obama will hold a forum on job creation with U.S. business leaders on December 3 and then embark on a cross-country tour to discuss economic recovery, the White House said on Monday.

Home Depot profit beats Street

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Home Depot Inc posted a higher than expected quarterly profit on Tuesday but warned that there was still a lot of pressure in the U.S. housing and home improvement markets, sending its shares lower.
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Target Q3 profit up, cautious on Q4

Target Corp reported a higher-than-expected quarterly profit on Tuesday as traffic in its stores improved and shoppers purchased more than just necessities, like food or medicine.
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Producer prices up in October

U.S. producer prices rose more slowly than expected in October despite a rebound in food and energy costs, according to a government report on Tuesday that pointed to tame inflation pressures.
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Dollar funding costs ease, Libor hits fresh low

Bank-to-bank dollar funding costs fell on Tuesday with the benchmark rate hitting yet another record low as central banks signalled they were in no hurry to unwind extraordinary stimulus measures
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Experts question motives of mammogram guidelines

Cancer experts fear new U.S. breast imaging guidelines that recommend against routine screening mammograms for women in their 40s may have their roots in the current drive in Washington to reform healthcare.
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FACTBOX: New U.S. breast cancer screening guidelines

New U.S. breast cancer screening guidelines issued on Monday by a key advisory panel recommend against routine mammograms for women in their 40s, and suggest women aged 50 to 74 should be screened every other year.
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One in seven Americans short of food

More than 49 million Americans -- one in seven -- struggled to get enough to eat in 2008, the highest total in 14 years of a federal survey on food insecurity, the U.S. government said Monday.
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Miners, banks drag FTSE down, breaking 4-day rally

Britain's top share index was 0.5 percent lower in mid-session trade on Tuesday as investors paused for breath after a four-day winning streak, with falls in banks and miners offsetting gains in some defensive issues.
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Gruebel vows to return UBS to profit, in time

UBS boss Oswald Gruebel set an ambitious target for annual pretax profit of $15 billion, vowing to rebuild the loss-making bank and win back clients after the subprime crisis and a bitter U.S. tax row.
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Dollar rebounds broadly as market digests Bernanke

The dollar rebounded on Tuesday from Monday's 15-month lows after Federal Reserve Chairman Ben Bernanke made rare comments about the dollar, encouraging traders to trim longer-term bets against the currency.
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Obama prods China on yuan but Hu silent on issue

U.S. President Barack Obama on Tuesday urged a reluctant China to let its yuan currency rise in value at a summit where strains over trade between the two giants crept into proclamations of goodwill.
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UBS targets return to profit, says will take time

UBS boss Oswald Gruebel is targeting an annual pretax profit of 15 billion Swiss francs ($14.9 billion) as he aims to put the subprime crisis and a U.S. tax row behind the loss-making bank and win back clients.

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