IBT Staff Reporter

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Gold rapidly closes in on all-time high as dollar weakens drastically

Spot gold rose to a session peak at $1,421.35 an ounce and was up 0.6 percent at $1,419.66 an ounce by 1240 GMT. It rose 6 percent in February, its largest monthly rise since August, when the U.S. Federal Reserve first indicated that it would continue the massive money printing by monetizing government bonds.

Retail sales seen up in February

February sales numbers that top chains report later this week will be the first sign of shoppers' ability and willingness to pay more for clothing and household items now that gas prices are rising.

Wall Street lower as crude oil jumps

U.S. stocks traded lower on Tuesday as a jump in oil prices renewed fears of hampered economic activity, offsetting a positive reading on manufacturing.

EU court bans insurers from pricing on gender

Insurers must stop setting prices based on gender, an EU court ruled, in a move that could raise costs for women drivers, cut male pensions, and prompt more legal challenges to insurance pricing practices.

Chelsea Vs Manchester United Live-Coverage

In a must-win game for both sides, league leaders Manchester United travel to Stamford Bridge to take on falling champions Chelsea in the English Premier League on Tuesday.

Dancing with the Stars cast announced

The celebs include, actress Kirstie Alley, reality star Kendra Wilkson, talk show host Wendy Williams, boxing champ Sugar Ray Leonard, actor Ralph Macchio and Pittsburgh Steelers wide receiver Hines Ward. Also competing are model Petra Nemcova, actress Chelsea Kane, radio personality Mike Catherwood, Winger and actor Romeo and WWE star Chris Jericho.

Stock futures suggest higher open

U.S. stock index futures pointed to a positive open on Tuesday but gains could be capped by a jump in oil prices as investors awaited testimony from U.S. Federal Reserve Chairman Ben Bernanke.

World factory input costs rising sharply

Factory input costs leapt across the globe in February, the latest sign of rising inflationary pressures, while euro zone manufacturing grew at its fastest in nearly 10 years, surveys showed on Tuesday.

Referees Afraid of Manchester United - Dave Whelan

In the aftermath of the FA's decision to not charge Wayne Rooney for his elbow on Wigan's James McCarthy, the Latics chairman Dave Whelan claimed some referees seem to be afraid of applying the law to Manchester United.

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