BARACK OBAMA

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Futures lower as investors assess surge

Stock index futures pointed to a lower open on Friday as investors reassessed a recent surge that has March on track to see the biggest monthly percentage gain since 1974.

Stock futures signal dip; eyes on Accenture

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U.S. stock index futures pointed to a lower open on Wall Street on Friday following the previous session's strong gains, with futures for the S&P 500 down 0.6 percent, Dow Jones futures down 0.6 percent and Nasdaq 100 futures down 0.7 percent at 1000 GMT (6 a.m. EDT).

Deflation stalks Japan, inflation slides in Europe

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Japan slipped to the brink of deflation and inflation in Europe slid closer to zero, underlining a threat to the world economy before next week's G20 summit which is supposed to produce a cure for the crisis.
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Obama defends strategy of tackling many issues

President Barack Obama defended his strategy of tackling multiple challenges instead of focusing solely on fixing the U.S. economy in a return on Wednesday to the political fund-raising that helped elect him.
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House panel approves $3.45 trillion budget

A key congressional committee on Wednesday approved a $3.45 trillion budget framework for next year that embraces many of President Barack Obama's priorities but spends slightly less than he sought.
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Obama nominee for deputy EPA chief withdraws

President Barack Obama's nominee for the No. 2 position at the Environmental Protection Agency, Jon Cannon, removed himself from consideration on Wednesday, the latest in a string of withdrawals among nominees for administration posts.
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Congress approves landmark conservation bill

The Democratic-led U.S. Congress gave final approval on Wednesday to sweeping land and water conservation legislation that environmental groups praised as one of the most significant in U.S. history.
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House panel approves $3.45 trillion FY10 budget

A key congressional committee on Wednesday approved a $3.45 trillion budget framework for next year that embraces many of President Barack Obama's priorities but spends slightly less than he sought.
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Obama to tighten screws on Wall Street: officials

In a bid to quash Wall Street excesses that nearly caused the collapse of the U.S. financial system, the Obama administration will propose tough restrictions on financial firms, hedge funds and derivatives markets.
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U.S. to tighten screws on Wall Street

In an effort to quash Wall Street excesses that nearly collapsed the U.S. financial system, the Obama administration on Thursday will propose tough new restrictions on big financial firms, hedge funds and derivatives markets, officials said on Wednesday.
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Obama asks fellow Democrats to back budget plans

President Barack Obama lobbied fellow Democrats on Wednesday to support major initiatives in his $3.55 trillion budget proposal and the White House played down differences as lawmakers sought to trim the plan to reduce long-term deficits.
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Obama to tell bankers we're all in the same boat

President Barack Obama will tell bankers on Friday we're all in the same boat while pressing them to support his strategy to unlock credit markets ahead of next week's G20 meeting of world leaders.
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Congress launches battle on Obama budget

Congressional Democrats moved on Wednesday to slim down President Barack Obama's 2010 budget request amid bipartisan worries that the his plan could make the U.S. deficit balloon with new federal spending.
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House Democrats try to pare Obama 2010 budget

President Barack Obama's fellow Democrats in the U.S. House of Representatives on Wednesday proposed slimming down his fiscal 2010 budget to $3.45 trillion from $3.55 trillion amid bipartisan concerns about it exploding the deficit.
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Obama sees signs of progress on economic crisis

President Barack Obama said on Tuesday he was seeing signs of progress in his drive to lead the United States out of economic crisis as he sought to reassure recession-weary Americans he was on the right track.
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Wall St set to rise on signs of economic thaw

Wall Street looked set to rise at the open on Wednesday as investors were encouraged by data showing signs the economic downturn was moderating, and by positive comments from President Barack Obama.
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U.S. Interior Chief touts renewable energy zones

The Obama Administration is carving out renewable energy zones across the country and offshore, and is preparing to work with critics who object to wind turbines or solar farms near wilderness or tourist areas, Interior Secretary Ken Salazar said on Tuesday.
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Futures rise on economic hopes; data in view

Stock index futures pointed to a mostly higher open on Wednesday after positive comments on the economy from President Barack Obama, as investors looked to upcoming data for signs of improvement.

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