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S&P 500 flat as materials shares, caution weigh

The S&P 500 was little changed on Thursday, pressured by weak natural resources shares and tepid May sales by U.S. retailers, while caution before Friday's unemployment report pushed investors to the sidelines.
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Real estate, CDs not comparable to gold: NIA

Investments in certificates of deposit (CDs) and real estate are not comparable to gold which is the most stable asset the world has ever seen, according to National Inflation Association of USA (NIA). Responding to investment advice by Dave Ramsey and others in mainstream media on the advantages of investing in CDs and real estate, NIA said that while on the surface, U.S. dollars appear to be 'safe haven' because they have a number on them that always stays the same. U.S. dollars are actually t...
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Stocks to open higher as bargain hunters prowl

Stock index futures pointed to a higher open on Wednesday, a day after markets clawed back from a steep sell-off and as U.S. Treasury Secretary Timothy Geithner flew to Europe to press for united action to tackle the region's deepening debt crisis.
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Verizon Wireless loses appeal on cellphone charges

A federal appeals court on Friday threw out a ruling requiring Verizon Wireless customers to resolve disputes over alleged fraudulent cell phone charges individually through arbitration rather than as a class.
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Goldman Sachs shares rise on settlement rumor

Goldman Sachs Group Inc shares rose as much as 4.5 percent on Friday morning on rumors of a possible settlement with U.S. regulators and a feeling that the stock could be oversold.
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Wall Street banks lose court ruling on hot news ban

Three Wall Street banks suffered a legal setback when a federal appeals court in New York put on hold a ban on financial news service Theflyonthewall.com Inc from quickly reporting hot news about their analysts' research.
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White House Covers Up Menacing Oil 'Blob'

In an exclusive for Oilprice.com, the Wayne Madsen Report (WMR) has learned from Federal Emergency Management Agency (FEMA) and U.S. Army Corps of Engineers sources that U.S. Navy submarines deployed to the Gulf of Mexico and Atlantic Ocean off the Florida coast have detected what amounts to a frozen oil blob from the oil geyser at the destroyed Deep Horizon off-shore oil rig south of Louisiana. The Navy submarines have trained video cameras on the moving blob, which remains frozen at depths of ...
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Loan demand to buy homes sinks to13-year low

Demand for loans to buy U.S. homes shriveled to a 13-year low last week, following the expiration of federal tax credits, while near-record low mortgage rates stoked refinancing, the Mortgage Bankers Association said on Wednesday.
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Stocks slide as regulation worries hit banks

Stocks sank on Tuesday, driven lower as the strengthening of financial regulation from Wall Street to Frankfurt crushed bank stocks, adding to worries about the sustainability of the global economic recovery.
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Stocks tumble as regulation worries hit banks

Stocks sank on Tuesday, driven lower as the strengthening of financial regulation from Wall Street to Frankfurt crushed bank stocks, adding to worries about the sustainability of the global economic recovery.
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Wall Street tumbles on weak euro and tech

Stocks slid on Tuesday, pressured by euro weakness that raised concerns about the impact on technology companies' sales and by worries over Europe's debt problems.
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Wall St slips on weak euro and tech

U.S. stocks declined in choppy trading on Tuesday as the euro's weakness raised concerns about the impact on technology companies' sales and worries over Europe's debt problems resumed.
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Data hint U.S. recovery pace is moderating

The pace of the U.S. economic rebound may be slowing, manufacturing data hinted on Monday, as concerns grow about the impact of Europe's debt crisis on global growth.
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Data hint at moderating U.S. recovery pace

The pace of the U.S. economic rebound may be slowing, manufacturing data and retailers results hinted on Monday, at the same time as concerns grow about the impact of Europe's debt crisis on global growth.
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Euro-zone troubles may roil stocks

U.S. stocks could face more volatility this week as growing doubts about whether Europe can solve its deepening debt crisis are likely to take center stage again.
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Stocks sink on euro-zone fears and financials

Stocks tumbled on Friday on worries that heavy euro-zone debt loads could stymie a global recovery, while Visa and MasterCard led the financial sector lower after the Senate backed limits on card fees.
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U.S. mortgage rates drop to 5-month low: Freddie Mac

U.S. mortgage rates dropped below 5 percent in the latest week, the lowest level in 5 months, boding well for the hard-hit housing market as it copes with the absence of government support, a closely watched survey showed on Thursday.
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Jobless claims highlight challenges facing labor market

The number of U.S. workers filing for jobless benefits fell only slightly last week, highlighting the challenges facing the labor market, while import prices pointed to tame inflation, according to government data released on Thursday.
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Stocks rally as euro-zone fears wane

U.S. stocks capped their best three-day run in 10 months on Wednesday, lifted by technology and industrial shares after Spain unveiled an austerity plan that reassured investors Europe was addressing its fiscal ills.

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