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How free markets sank the U.S. economy
NEW YORK (Reuters) - Two years ago, a poisonous brew of bad economics, lax regulation, and egregious behavior boiled over, scalding the financial system and pitching the United States into its steepes... Read More
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CFTC head scolds Wall Street for resisting reforms
BOCA RATON, Florida (Reuters) - The head of the top U.S. futures regulator chided Wall Street on Thursday for resisting calls to make over-the-counter derivatives markets more transparent, arguing maj... Read More
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Sen. Dodd to unveil financial reform bill Monday
WASHINGTON (Reuters) - Senator Christopher Dodd, the chief negotiator for the Democrats on financial regulation reform in the U.S. Senate, said on Thursday he will unveil a reform bill on Monday, afte... Read More
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EADS to cut bonuses, not jobs after A400M: exec
HELSINKI (Reuters) - Top executives at aerospace group EADS will see their bonuses hit after the cost debacle surrounding the delayed A400M military transport aircraft, but staff will mostly be spare... Read More
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Exxon Mobil boosts 2010 spending 4 percent
NEW YORK (Reuters) - Exxon Mobil Corp will increase its capital spending nearly 4 percent this year to $28 billion as it evaluates new fields around the world, but it cautioned that the global econom... Read More
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Simon CEO: General Growth rival plan is uncertain
NEW YORK (Reuters) - The chief executive of Simon Property Group Inc on Thursday said a plan by management of General Growth Properties Inc to emerge from bankruptcy lacks certainty despite new fina... Read More
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Jan trade gap narrows unexpectedly due to oil
WASHINGTON (Reuters) - The U.S. trade deficit narrowed unexpectedly in January as oil imports fell to their lowest since February 1999, a government report showed on Thursday. Read More
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New jobless claims fall, continued claims up
WASHINGTON (Reuters) - The number of U.S. workers filing new applications for unemployment insurance fell slightly less than expected last week, a government report showed on Thursday, hinting at a sl... Read More
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Foreclosures drop for 2nd month in February: RealtyTrac
NEW YORK (Reuters) - U.S. mortgage foreclosure filings dropped for a second straight month in February, and notched the smallest annual increase in four years as housing-rescue efforts contained activ... Read More
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Airlines recovering strongly, still in red: IATA
GENEVA (Reuters) - Airlines are recovering strongly from the crisis, as passengers, freight and pricing power return, the airline industry association IATA said on Thursday, halving its forecast for a... Read More
