U.S.
  • U.S. stocks fell on Tuesday as investors cashed in gains after driving the S&P 500 index to its highest in four years, but the euro rallied against the dollar on hopes the European Central Bank will soon start buying Spanish and Italian bonds to contain the debt crisis.

    LAST UPDATE : Aug 23, 2012, 3:45 PM EDT
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  • President Barack Obama faced stiff resistance to the possibility of releasing emergency oil reserves to quell rising energy prices on Friday, with Asian allies and the head of the West's energy agency rejecting any need for action now.

    LAST UPDATE : Aug 22, 2012, 6:05 PM EDT
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  • The S&P 500 held near a four-year high on Friday, and the market's key gauge of anxiety sank to its lowest since 2007, suggesting a belief that the problems stressing investors might be closer to a resolution.

    LAST UPDATE : Aug 22, 2012, 5:02 PM EDT
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  • The U.S. Treasury on Friday revamped the bailout of Fannie Mae and Freddie Mac to curb chances the giant mortgage finance firms could emerge from government control as the powerful, profit-driven corporations they once were.

    LAST UPDATE : Aug 22, 2012, 6:05 PM EDT
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    The number of Americans filing new claims for jobless benefits edged higher last week although a trend reading fell close to a four-year low, pointing to healing in the still-struggling labor market.

     
    LAST UPDATE : Aug 22, 2012, 12:58 PM EDT
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  • The number of Americans filing new claims for jobless benefits edged higher last week although a trend reading fell close to a four-year low, pointing to ongoing healing in the labor market.

    LAST UPDATE : Aug 22, 2012, 12:58 PM EDT
    Story

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