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Futures rise ahead of Bernanke, housing data

Stock index futures rose on Friday as investors looked to a speech from Federal Reserve Chairman Ben Bernanke and new data on the sale of existing homes for a fresh insight into the economy.

Oil firms over $73, eyes Fed speech

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Oil rose over $73 a barrel on Friday, off a seven-week high, ahead of further pointers on the economic health of the United States, the world's top energy consumer.
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Oil below $73, eyes Fed speech

Oil eased below $73 a barrel on Friday, tracking back from a seven-week high, as caution braked gains ahead of further pointers on the economic health of the United States, the world's top energy consumer.
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Asia shares wary as China rebounds; yen gains

Most Asian stock markets edged higher on Friday, keeping a wary eye on volatile Chinese shares, while currency traders went on the defensive after a wild see-saw week and mixed U.S. economic data, bidding up the safe-haven yen.
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China jails four for Tomato Garden Microsoft piracy

A Chinese court has jailed four people for spreading their bootleg Tomato Garden version of Microsoft's Windows XP program, in what the Xinhua news agency called the nation's biggest software piracy case.
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Nikkei slips, dragged down by carmakers

Japan's Nikkei stock average slipped on Friday as automakers slumped ahead of the end of the U.S. cash for clunkers program and prompted investors to sell broadly ahead of the start of Chinese stock trading.
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U.S. starts long, gradual and fragile recovery

The U.S. economy is recovering more strongly than expected from its worst recession in decades, but next year will be lackluster and risks of a double-dip downturn remain, economists said in a Reuters poll.
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US economy data mixed but stronger rebound seen

Upbeat manufacturing data and weak labor market numbers painted a mixed picture of the U.S. economy on Thursday, while economists forecast it is recovering more robustly than expected from its worst recession in 70 years despite worries about a double-dip recession.
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U.S. to end clunker rebates on August 24

The U.S. government said it will suspend its popular Cash for Clunkers auto rebates on Monday as the program's $3 billion budget runs dry, a month after it was launched.
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U.S. to end

The U.S. government said it will suspend its popular
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Obama stands by public option in healthcare debate

U.S. President Barack Obama stood by proposals to create a government-run health insurance program on Thursday while insisting the move was merely one element of a wider plan to reform the industry.
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U.S. to end clunkers rebates on August 24

The U.S. government said it will suspend its popular Cash for Clunkers auto rebates on Monday as the program's $3 billion budget runs dry, a month after it was launched.
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Frustrated tweets new headache for airlines

Indignant letters, e-mails and phone calls can still get results for unhappy airline travelers, but more are finding that if you really want to vent your frustrations, you can now be loud and fast and public.
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Daily Wrap Up - August 20 Tech

Apple is speculated to roll out a new Apple TV within the next several months, according to Piper Jaffray analyst Gene Munster. Apple has strong incentive to build a new set-top if it decides to offer a subscription service for iTunes video.

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