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Picky shoppers lead to mixed May for retailers

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A handful of retailers beat analysts' sales expectations for May, winning with strong selections of goods or drawing in shoppers looking for deals as high gasoline prices and a sluggish economy tempered demand.
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Gas prices likely dampened May retail sales

U.S. retailers are expected to show a moderate increase in May sales, as high gas prices likely tempered consumer demand for summer clothing and other discretionary items.
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Mother in Bronx fatally shot while holding 2-year-old son

Sunday around 11 p.m., a mother of four was fatally shot in the Bronx. The victim, identified as Claudia Millan, 29, was shot in the face in her apartment on Park Avenue near 179th Street in Tremont. She collapsed on the street while still clutching her 2-year-old son's hand, police said.

Why gold demand is surging in China?

Chinese gold demand is expected to exceed 700 metric tons in the next several years and sharply outpace domestic production. Annual gold production in China, world’s second largest consumer of precious metal, is expected to reach 400 tonnes by 2014 with demand at 700 tonnes, signaling room for a strong ramp up in imports.

Google Wallet will usher change? Think Again

Google rolled out a mobile payments system for its Android phone this week, with observers widely expecting Apple to do the same, but recent privacy snafus and infrastruction challenges question the technology's viability.
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Which stocks should be sold now?

Wall Street investment guru and editor of GameChangers Hilary Kramer has put together a list of 12 stocks which she advised investors to sell immediately. While the names that appeared on the list are big ticket stocks, Kramer justifies her position, saying that investors usually make the mistake of holding on to what used to be hot previously. She says, for example, retail stocks were 'yesterday’s market leaders.'

Amazon Relaunches Lady Gaga Born This Way Offer

Amazon said it will offer a repeat of Monday's blockbuster Gold Box Deal of the Day under which customers can purchase the Lady Gaga Born This Way MP3 album today for $0.99 and get 20 GB of free Amazon Cloud Drive storage.

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