The dollar dropped on Friday to seven-month lows after data showed the U.S. economy created fewer jobs …
U.S. economy
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Banks
Fed’s Yellen: ‘high-pressure’ policy may be only way back from 2008-2009 crisis
by Yomna Yasserby Yomna YasserThe U.S. Federal Reserve may need to run a “high-pressure economy” to reverse damage from the 2008-2009 …
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International News
U.S. budget deficit surges for first time in five years
by Yomna Yasserby Yomna YasserA slowdown in the growth of federal revenues, as well as a rise in government spending, pushed …
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USA
S&P and Dow flat on lackluster data, Nasdaq got boost from Apple
by Yomna Yasserby Yomna YasserThe S&P 500 and the Dow were little changed Thursday morning following a lackluster set of data, …
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U.S. stocks traded mostly lower Monday, despite a surge in oil prices, as investors awaited retail sales …
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Stocks in Wall Street were little changed Thursday, with materials leading, as investors looked ahead for Friday’s …
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Banks
Fed’s Fischer: 2015 U.S. rate rise ‘an expectation, not a commitment’
by Yomna Yasserby Yomna YasserU.S. Federal Reserve policymakers are still likely to raise interest rates this year but that is “an …
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Asia’s stocks were mixed on a subdued Friday, losing steam after two straight days of stellar gains, …
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Federal Reserve Vice Chairman Stanley Fischer said he doesn’t see immediate risks of financial bubbles in the …
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Wall Street opened higher for the second straight day after data showed that retail sales rose in …