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Fed's Rosengren: Economy to grow reasonably in Q3, Q4

The U.S. economy will grow reasonably in the second half of this year, but the Federal Reserve needs to see more progress before taking some of its economic support away, Eric Rosengren, the president of the Boston Fed said on Thursday.
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International Oil Data Gaps

In a supplement to the October 2009 Short-Term Energy Outlook, the Energy Information Administration (EIA) analyzed the inherent volatility of energy prices by looking at the options market. This supplement was the first product under the EIA's Energy and Financial Markets Initiative launched in September. The Initiative is aimed at examining all the variables that affect energy prices and price volatility.
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Cerberus' Freedom Group guns for $200 mln IPO

Private equity firm Cerberus Capital Management is planning to take gun maker Freedom Group Inc public in a $200 million initial public offering, according to a regulatory filing.
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Asia shares fall, dollar gains after China data

Asian shares fell on Thursday amid disappointment that robust Chinese growth data offered few surprises, but the dollar gained some respite as an expected shift to higher-yielding currencies failed to materialize.
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Chinese growth quickens in Q3, as expected

China's economic growth picked up as expected last quarter as a potent cocktail of breakneck investment and buoyant bank lending more than made up for a slump in exports, the government said on Thursday.
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Daily Forecast 22/10/2009

The Aussie dollar held on to 0.9190 during European exchange with this level becoming somewhat of a key short term technical support as it was the third time in 24 hours the AUD bounced from there.
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Key U.S. lawmaker backs FCC on eve of Web rule

A key U.S. lawmaker threw his support behind the Federal Communications Commission's open Internet proposal, despite renewed protests from telecom companies including Verizon on Wednesday.
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VMware results top estimates, shares rise

U.S. business software maker VMware Inc posted higher-than-expected quarterly results on Wednesday due to strong sales to the federal government and gave a revenue forecast that beat Wall Street estimates.
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Czar poised to slash cash pay at seven firms

The Obama administration plans to order that top earners at firms that received billions of dollars in government bailouts will see cash payouts cut by an average of about 90 percent from last year, a source familiar with the matter said on Wednesday.
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Obama wades into Democrats' tough governor races

U.S. President Barack Obama threw himself into the role of campaigner in chief on Wednesday, making appeals for Democratic candidates in two state governor races that some see as a referendum on his performance in the White House.
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Pay czar expected to cut payouts by 90 percent: source

The Obama administration plans to order that the top earners at firms which received billions of dollars in government bailouts will see their cash payouts cut by an average of about 90 percent from last year, a source familiar with the matter said on Wednesday.
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Smart Off-Season Tips for Buyers

Everyone's been saying Now's the time to buy, for quite a while, but for many who've been waiting on the sidelines, the autumn off-season of real estate may indeed be the right time to act.
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Financials slam Wall Street; eBay drops late

U.S. stocks fell on Wednesday, hurt by a late sell-off in financial shares after an influential bank analyst recommended selling Wells Fargo shares and a wider-than-expected loss from Boeing disappointed investors.
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Key lawmaker backs FCC on eve of Web rule

A key U.S. lawmaker said on Wednesday that he backs a Federal Communications Commission proposal to establish an open Internet rule and would consider legislative action if the industry challenged it in court.
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NBC Universal's Graboff says TV windows collapsing

Traditional television viewing patterns are collapsing and the industry needs to quickly figure out how to profit in a world where people can watch TV shows anytime, anywhere, NBC Universal's TV chief said.
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Wall St drops as financials fall in late sell-off

U.S. stocks fell on Wednesday, hurt by a late sell-off in financial shares after an influential bank analyst recommended selling Wells Fargo shares and a wider-than-expected loss from Boeing disappointed investors.
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Firms, workers differ on why people stay in jobs

Employers and employees have dramatically different opinions of why workers remain in their jobs, says research released on Tuesday showing U.S. companies may struggle to retain employees in an improved job market.

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