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U.S. Federal Reserve Chairman Ben Bernanke listens to questions as he testifies before a House Financial Services hearing on the "Monetary Policy and the State of the Economy" on Capitol Hill in Washington

What exactly is QE2?

Michael Yoshikami, president and chief investment officer of YCMNET Advisors in Walnut Creek, Calif. discusses what exactly QE is, why it may be needed and its potential impact.
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Gold's makeover to paper will boost retail demand

India's gold demand is on a makeover shift as the yellow metal is seen turning paper with rising demand of Gold ETFs in the country. According to an industry estimate, the gold holding by ETFs in India has surged to 11-12 tonnes, almost double against last year.
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INSTANT VIEW: Retail sales up in July, CPI higher

U.S. retail sales rose in July in a hopeful sign for the economy, but the gains were concentrated in auto and gasoline station sales, suggesting underlying momentum in consumer spending remains tame.
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Retail sales tepid, inflation at 40-year low

U.S. retail sales rebounded in July but showed hints of lingering economic softness underscored by separate figures indicating underlying inflation pressures stuck at their lowest level since the 1960s.
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Retail sales rebound in July

Retail sales rose in July in a hopeful sign for the economy, but the gains were concentrated in auto and gasoline station sales, suggesting underlying momentum in consumer spending remains tame.
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Wall St slips on jobless claims and retail sales

Stocks fell on Thursday as an unexpected rise in initial jobless claims and July retail sales that were mostly weaker than expected underscored persistent concerns about unemployment and consumer spending.
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Tepid retail sales bode ill for autumn

Retailers posted July sales below analysts' expectations after cutting prices to attract shoppers worried about high unemployment, a strategy that bodes ill for the back-to-school season.
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Retail sales tepid and boding ill for autumn

Retailers posted July sales below analysts' expectations after cutting prices to attract shoppers worried about high unemployment, a strategy that bodes ill for the back-to-school season.
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Retail sales tepid as frugality returns

Retailers posted July sales below analysts' expectations in the latest sign that skittishness about high unemployment and the economy in general are causing consumers to cut spending and focus on essentials.
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Australia online shoppers elude retail data crunchers

Australia's official economic data is struggling to capture growing online sales as the country's consumers belatedly embrace e-commerce, suggesting that soft retail trade data is missing part of a fast-growing market.
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July retail sales to reflect renewed anxiety

U.S. retailers look set to report only a modest improvement in sales for July as anxious consumers cut down on their spending and big chains returned to their discounting ways.
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Lower provisions and retail boost BNP profit

BNP Paribas , France's biggest listed bank, posted higher-than-expected second-quarter net profit thanks to lower loan provisions and strong retail banking, despite volatile financial market conditions.
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U.S. looks to improve disabled access to Internet

The Obama administration on Friday proposed trying to enhance access for people with disabilities to websites for hotels, retail stores and other public sites as well as improve access to movie theaters.
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Autos and gasoline drag retail sales lower in June

Sales at U.S. retailers fell for a second straight month in June and businesses wary of ebbing demand barely raised inventories in May, more evidence the economic recovery has slowed in recent months.

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