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Stocks fall on Chevron warning, consumer data

Stocks fell on Friday, with the Dow industrials and the S&P 500 set for their fourth weekly drop, after Chevron's warning about its second-quarter results prompted investors to sell some energy shares.

U.S. Fed lauds improved financial market conditions

The U.S. Federal Reserve on Friday said that continued improvements in financial market conditions had lowered demand for many of its emergency liquidity programs.

U.S. consumers' moods sour in early July: survey

U.S. consumer sentiment wilted in early July to the weakest since March, when confidence in the financial sector and economy were at a low ebb, the Reuters/University of Michigan Surveys of Consumers showed on Friday.

U.S. consumers' mood sours in early July: survey

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With good assets sold,

A new General Motors emerged from bankruptcy protection on Friday -- far more quickly than most industry-watchers had expected -- as a leaner automaker pledging to win back American consumers and pay back taxpayers.

G8 injects new momentum in Doha Round push

The world's most powerful countries have injected momentum into long-running negotiations over a new global free trade pact by setting a 2010 deadline.

G8 pledges $20 billion in farm aid to poor nations

G8 leaders pledged $20 billion (12.3 billion pounds) in farm aid to help poor nations feed themselves, surpassing expectations on the final day of a summit that has yielded little progress on climate change and trade.

Hundreds injured in south China quake

A 6.0 magnitude earthquake that shook southwest China's Yunnan province on Thursday has killed one person and injured 325 people, Xinhua news agency said.

Wall Street wilts on earnings anxiety, consumer data

U.S. stocks dropped on Friday on jitters that an economic recovery and corporate profits will be anemic, underscored by a Chevron warning about second-quarter results and a tumble in oil futures.

Medvedev threatens U.S. over missile shield

Russian President Dmitry Medvedev warned the United States Friday that if it did not reach agreement with Russia on plans for missile defense systems, Moscow would deploy rockets in an enclave near Poland.

Obama at Vatican for first meeting with pope

U.S. President Barack Obama arrived at the Vatican on Friday for his first meeting with Pope Benedict and what the White House says will be frank discussions on issues they agree and disagree on.

U.S. consumer sentiment sours in early July

U.S. consumers' moods sour in early July

Chinese police break up Xinjiang protest

Chinese riot police broke up a small demonstration by Uighurs leaving Friday prayers in a Muslim Uighur neighborhood of Urumqi, arresting several who were taken away with hands above their heads.

With good assets sold, New GM exits bankruptcy

U.S. consumers' mood sours in early July

Wall Street wilts on earnings jitters; techs gain

The Dow industrials and S&P 500 dropped on Friday on jitters that an economic recovery and corporate profits will be anemic after Chevron warned about second-quarter results and oil futures tumbled.

Drug gang murders frighten U.S. Mormons in Mexico

Hundreds of mourners attended a funeral on Thursday for two American Mormons murdered in a northern Mexican community by drug hitmen for denouncing cartel kidnappings, and the FBI offered to aid a police probe.

UBS tax deal uncertain ahead of U.S. court case

Swiss bank UBS braced on Friday for a high-stakes trial in the United States next week that could force it to reveal secret client data, as a last-minute deal remained elusive.

Politics may make future of solar energy small

The climate change and energy policy bill winding its way through the U.S. Congress shows a new federal eagerness to build a renewable energy future, but what specifically to build where is still up for debate.

Dow, S&P 500 open lower on Chevron

The Dow industrials and the S&P 500 opened lower on Friday after Chevron Corp warned about second-quarter earnings, compounding worries about the energy sector's outlook amid a drop in oil prices.

U.S. monthly trade gap smallest since 1999

The U.S. trade gap narrowed unexpectedly to $26 billion in May, the smallest since November 1999, as exports rose and domestic demand for foreign goods slumped, government data on Friday showed.

Wall Street set to fall on earnings jitters, oil

Wall Street was poised for a lower open on Friday after Chevron warned about second-quarter earnings, raising the specter of a weaker-than-expected second-half economic recovery and anemic corporate profits.

U.S. May trade gap narrows to lowest since 1999

The U.S. trade gap narrowed unexpectedly to $26 billion in May to the lowest reading since November 1999 as exports rose despite weak global demand and imports shrank, government data on Friday showed.

Google CEO to discuss his role on Apple's board

Google Inc Chief Executive Eric Schmidt said he will talk to Apple Inc about how his role on its board might change after Google's move to launch a new operating system.

Futures fall as Chevron warning sparks jitters

U.S. stock index futures pointed to a lower open on Friday after Chevron warned about second-quarter earnings, raising the specter of a weaker-than-expected second-half economic recovery and anemic corporate profits.

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