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US stocks advance in early trade

Traders are pictured at their desks in front of the DAX board at the Frankfurt stock exchange
Stocks on major U.S. indices opened higher as takeovers and faster-than-estimated growth in retail sales fueled optimism in the economy.
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Payrolls seen falling, private hiring tepid

U.S. employment likely fell for a third straight month in August as more temporary census jobs ended and cautious businesses scaled back hiring, an outcome that could pressure the Federal Reserve to prop up growth.
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Dollar on back foot before U.S. payrolls

The dollar struggled on Friday while the euro and other higher-risk currencies were off the day's highs as investors braced for weak U.S. jobs data that may fuel more risk aversion.
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Bernanke cites sadness in letting Lehman fail

U.S. Federal Reserve Chairman Ben Bernanke said on Thursday he could not have legally saved Lehman Brothers from bankruptcy and the firm's catastrophic failure in 2008 was a source of sadness.
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Mortgage rates hit record low: Freddie Mac

U.S. mortgage rates fell in the past week to the latest in a series of record lows as yields on government debt dropped, according to a survey released on Thursday by Freddie Mac, the second-largest U.S. mortgage finance company.
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Mortgage rates hit another record low: Freddie Mac

U.S. mortgage rates fell in the past week to the latest in a series of record lows as yields on government debt dropped, according to a survey released on Thursday by Freddie Mac, the second-largest U.S. mortgage finance company.
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Bernanke says govt must follow through on new law

Tough government follow-through on a freshly minted U.S. financial law will be crucial to ensure no bank or firm grows so large that its collapse could jeopardize the entire economy, Federal Reserve Chairman Ben Bernanke said on Thursday.
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Fed's Fisher says ball is in fiscal court, not Fed's

The U.S. Federal Reserve is committed to keeping the price of money low until the economic recovery strengthens, but should not do more to boost growth without fiscal and regulatory policies that support businesses, a top Fed official said on Wednesday.
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Fuld says government denied Lehman while helping Wall St

U.S. regulators did not grant Lehman Brothers the same assistance as its competitors, knocking out the possibility of an orderly unwind of the firm and aggravating the global crisis, former Lehman Chief Executive Dick Fuld said on Wednesday.
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Fed mulls stimulus if outlook worsens appreciably

The outlook for the U.S. economy would have to deteriorate appreciably to spur fresh support from the Federal Reserve, according to minutes of the central bank's last policy meeting released on Tuesday.
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Dow, S&P edge up on data

Stocks rose in choppy trading on Tuesday, closing out a weak month for equities as a pair of positive data surprises on the consumer and housing fronts helped ease investor anxiety over the economy's strength.
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Oil dips below $74 in Asia as stocks slump

World oil prices continued its southern journey in Asian trade Tuesday and dropped below $74 a barrel as equity markets slump amid concerns over global economic growth.

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