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Bump in unemployment rates seen as sign that jobseekers are back on market
Washington Post
Unemployment rates rose in the District, Maryland and Virginia in January, a shift that economists called a positive sign for the economy because it suggests that discouraged jobseekers are feeling more optimistic about their prospects and have resumed...
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Winter weather insurance claims hit £650m
BBC
Insurers paid out £650m from 335,000 claims made as a result of damage caused by the wintry weather in the UK. The biggest chunk of the payout was made to motorists who damaged vehicles on the slippery roads,...
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China’s Inflation Quickens, Adding Pressure for Stimulus Exit
Bloomberg
March 11 (Bloomberg) -- China’s inflation accelerated in February, highlighting the risk that stimulus measures will overheat the world’s fastest-growing major economy. Consumer prices rose 2.7 percent from a year earlier, the National Bureau of Statistics said in...
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Australia Unemployment Rises To 5.3% In February
FOX News
SAN FRANCISCO -- Australia's unemployment rate was at 5.3% in February, compared to a downwardly-revised 5.2% in the prior month, according to data published Thursday by the Australian Bureau of Statistics. The number of unemployed people rose by...
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Chicago Tribune
NEW YORK (AP) — Scant buying lifted stocks for a second day Wednesday after the government reported a drop in companies' inventories. The Dow Jones industrials rose only 3 points as the market remained in a lull that...
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USA Today
For the third time in three years, the world has a new richest man. Riding surging prices of his various telecom holdings, including giant mobile outfit America Movil(AMX), Mexican tycoon Carlos Slim Helu has beaten out Americans Bill...
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Bets on economy lift Wall Street; banks, tech lead
Reuters
By Rodrigo CamposNEW YORK (Reuters) - Bank and technology shares lifted Wall Street on Wednesday on hopes a revival in business demand will boost corporate profits.Banks' shares rallied to their highest in 16 months, adding to recent momentum,...
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A Decade Later, Nasdaq Is Half Its All-Time High
NPR
Ten years ago, the Nasdaq composite index hit its all-time high of 5,048, and the so-called bubble burst. The stock exchange, home to a lot of the Internet and telecom stocks that shot into the stratosphere during the...
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Investors remain leery of stocks as bull market rolls past 1 year
Chicago Tribune
It was the one-year anniversary Tuesday of the day the stock market began to heal from its 57 percent downturn, and a traditional gift on such occasions, appropriately, is paper.Although the stock market has climbed 69 percent since...
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