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  • Eurozone industrial productions soars in January

    LONDON (AP) — Industrial production in the 16 countries that use the euro spiked by an impressive 1.7 percent in January from the month before, official figures showed Friday, raising [...]

  • 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 [...]

  • Unemployment rises in 30 states in January

    WASHINGTON (AP) – Unemployment rose in 30 states in January, the Labor Department said Wednesday, evidence that jobs remain scarce in most regions of the country.
    The data is somewhat better [...]

  • Berkshire Downgraded By KBW Analysts After Recent Rally

    By Alistair Barr
    Analysts at Keefe Bruyette & Woods downgraded Berkshire Hathaway Inc. (BRKA,BRKB) on Monday, saying a recent rally has left shares of the company headed by Warren Buffett close [...]

  • U.S. Economy grew 5.9% in fourth quarter

    NEW YORK (CNNMoney.com) – The U.S. economy grew at a slightly faster pace than originally thought during the last three months of 2009, according to a government report Friday.
    The nation’s [...]

  • Japan Yields Fall to 3-Week Low; BOJ Says Deflation ‘Critical’

    By Yoshiaki Nohara
    (Bloomberg) – Japan’s 10-year bond yields fell to the lowest level in three weeks after the central bank kept its benchmark interest close to zero and said beating [...]

  • EU leaders hurt confidence with vague Greek pledge

    PARIS (Reuters) – A vague pledge by European leaders to support crisis-hit Greece has probably reduced, not increased, investors’ confidence in the euro zone.
    By declaring they would “take determined and [...]

  • Jobless claims drop raises hopes on recovery

    WASHINGTON (Reuters) – The number of U.S. workers filing new claims for unemployment benefits tumbled last week, welcome news for a White House that is predicting an average of 95,000 [...]

  • Greek aid would be no long-term fix for euro zone

    PARIS (Reuters) – A possible European bailout of Greece could stabilize the euro zone’s financial markets for now but would probably do little to ease investors’ long-term concerns about economic [...]

  • Equities, Euro, Commodities Rally on Greek Aid Speculation

    By Justin Carrigan (Bloomberg) – Stocks rallied, with emerging-market equities recovering from the worst three-day slide in a year, and the euro and commodities gained on speculation Greece will get [...]

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