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FT.com
Saturday, 17 March 2007
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FT.com - Wall Street plumbed new lows for the year this week but stocks recovered as investors regained composure after subprime mortgage scares. |
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Reuters
Saturday, 17 March 2007
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Reuters - The chairman of the U.S. House of
Representatives Financial Services Committee said on Friday he
is targeting the end of 2007 for passage of a bill to reign in
predatory lending like that behind the growing crisis in
subprime mortgage market. |
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AP
Saturday, 17 March 2007
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AP - The employment outlook isn't generating nearly as many headlines as the subprime mortgage mess, but maybe it should. That's because the job market is in pretty good shape, offering support to the economy when other factors are surely weighing on growth. |
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AP
Saturday, 17 March 2007
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AP - China's prime minister tried to reassure the world about its financial goals Friday, saying a planned company to invest some of its $1 trillion in reserves won't affect dollar-denominated assets and promising to reform unruly Chinese stock markets.
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Reuters
Friday, 16 March 2007
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Reuters - U.S. consumer sentiment slipped to its
lowest in six months in March, as worries about declining stock
prices and the health of the housing market shook consumer's
confidence in the economy, a report showed on Friday.
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Reuters
Friday, 16 March 2007
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Reuters - Women's apparel retailer AnnTaylor
Stores Corp. posted better-than-expected quarterly
profit on Friday and forecast earnings for the year above the
average Wall Street estimate, sending its shares up as much as
7 percent. |
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AP
Friday, 16 March 2007
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AP - Stocks were narrowly mixed in early trading Friday after Wall Street found some relief in an inflation reading that was better than the market feared and as industrial production showed a stronger-than-expected increase.
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Reuters
Friday, 16 March 2007
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Reuters - Stocks slipped at the open on Friday
as investors worried that the Federal Reserve may be far from
cutting interest rates any time soon after government data
showed a rise in February consumer prices.
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Reuters
Friday, 16 March 2007
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Reuters - U.S. industrial output posted its
biggest gain in more than a year, rising a much
larger-than-expected 1.0 percent in February, fueled by motor
vehicles, high-tech and utilities, a government report said on
Friday.
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AP
Friday, 16 March 2007
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AP - Consumer inflation spurted higher in February, reflecting rising costs for gasoline and big jumps for food, while industrial output rebounded sharply, in large part because of the biggest jump in utility production in 17 years. |
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Reuters
Friday, 16 March 2007
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Reuters - U.S. consumer prices climbed more
than expected in February as energy costs bounced back from a
January drop and food prices soared, though core prices that
exclude food and energy met forecasts, a Labor Department
report on Friday showed.
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