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Stocks fall before U.S. jobs data

The euro fell to a four-month low against the dollar on Friday ahead of U.S. jobs data and next week's bond issues from euro zone peripheral countries, while world stocks and copper eased. A surprise sharp increase in U.S. private sector job creation in December have raised expectations of stronger non-farm payrolls for the month, with economists now expecting 175,000 jobs were created, up from 1...
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Wall Street futures fall ahead of U.S. payrolls

U.S. stock index futures edged down on Friday, as caution prevailed ahead of the release of U.S. non-farm payroll figures, with futures for the S&P 500, the Dow Jones and the Nasdaq down 0.1 to 0.2 percent by 4:42 a.m. ET.
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China OKs JPMorgan, Morgan Stanley joint ventures

Chinese securities regulators on Friday approved the joint ventures of J.P. Morgan Chase & Co and Morgan Stanley , bringing the banks a step closer toward operating securities businesses in China that they, and other banks, have long sought.
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U.S. jobs hope lifts dollar but weakens euro

The euro slumped to a four-month low against the dollar on Friday and looked set for more weakness if U.S. payrolls data meets recently raised forecasts, strengthening the case for a sustainable economic recovery.
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U.S. jobs hope lift dollar but weakens euro

The euro slumped to a four-month low against the dollar on Friday and looked set for more weakness if U.S. payrolls data meets recently raised forecasts, strengthening the case for a sustainable economic recovery.
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Republicans acknowledge debt limit should rise

Republicans acknowledged on Thursday they will have to sign off on more deficit spending to avoid a debt default that would roil financial markets and bring the government to a grinding halt.
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Bernanke to face Senate skeptical of Fed policy

Ben Bernanke will not get an easy pass from U.S. lawmakers on Friday as the Federal Reserve chairman delivers his first congressional testimony since the central bank launched a controversial bond-buying policy.
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Why U.S. inside traders escape harsh sentences

NEW YORK, Jan 6 - The recent flurry of insider-trading arrests by the Manhattan U.S. Attorney has set Wall Street on edge. But if recent history is any guide, people found guilty of that crime tend to get off relatively easy, a Reuters Legal analysis suggests.
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CFTC's Sommers expects limits plan to move forward

The Commodity Futures Trading Commission likely has enough votes to advance a proposal to limit speculative positions in commodity markets to the next stage, said Jill Sommers, a Republican commissioner, in an interview with Reuters Insider.
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Goldman customers get Facebook financials

Facebook is generating profits at a faster-than-expected rate, and will likely attract so many investors this year that it will have to disclose financial data similar to a publicly traded company by April 2012.
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Republican to push inflation-only Fed bill

A top Republican on Thursday said he will push for legislation paring back the Federal Reserve's mandate to focus solely on controlling inflation, not ensuring full employment.
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T-Mobile USA to double network speeds

T-Mobile USA plans to start doubling the speed of its high-speed wireless data network this year to 42 megabits per second, joining a race toward higher-speed networks to make its service competitive with Verizon Wireless'.
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Analysis: Facebook ignites Bubble 2.0 chatter

Remember Webvan? The online grocer, whose initial public offering in March 2000 was among the most hotly anticipated during the dot-com boom, is now viewed as one of the greatest disasters of the era.
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Record high food prices stoke fears for economy

Record high food prices are moving to the top of policymaker agendas, driven by fears it could stoke inflation, protectionism and unrest and dent consumer demand in key emerging economies.
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Geithner presses Republicans to lift U.S. debt limit

U.S. Treasury Secretary Timothy Geithner on Thursday stepped up pressure on Republican lawmakers to raise the nation's $14.3 trillion debt limit, warning failure to act would lead to an economic catastrophe.
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The New Gold Rush

In this piece, we will examine four of gold's most important rules; the irreversible trends affecting the gold price; and how the consequences of these trends will push gold higher in 2011 and beyond.
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GameStop's holiday sales beat last year's

GameStop Corp's sales during the holiday season topped last year's, as new products like Microsoft's Kinect motion controller revived customers' spending in its stores.
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Jobless claims up, underlying trend still down

New claims for jobless benefits moved higher last week, but a decline in the four-week average to a nearly 2-1/2 year low indicated a trend toward better labor market conditions remained intact.
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Goldman planning to end Facebook solicitation: report

Interest in Facebook shares is so strong that Goldman Sachs Group Inc plans to stop soliciting interest from potential investors on Thursday, the Wall Street Journal reported, citing people familiar with the situation.

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