Friday, November 19, 2010

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Bernanke Blames China For Currency Policies
Forbes
Fed head speaking in Germany on Friday also denies that QE2 is responsible for the weakness of the dollar. When Ben Bernanke talks, the world stops to listen. Early Friday morning, the Fed chairman spoke at a European Central Banking Conference in ...
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China Move Could Counter Fed's Efforts
New York Times
By KEITH BRADSHER HONG KONG — China's central bank unexpectedly announced on Friday night that it would require commercial banks to set aside a bit more money. It was the second such move by Beijing this month and the clearest sign yet that China means ...
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Euro Gains Versus Most Major Counterpats on Prospects for Irish Bailout
Bloomberg
By Allison Bennett - Fri Nov 19 20:17:46 GMT 2010 The euro rose against most of its major counterparts as investors speculated Ireland will get a bailout, keeping Europe's sovereign-debt crisis from worsening. The dollar fell against most major peers ...
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The Waiting Game on Inflation
New York Times
By FLOYD NORRIS THE core rate of inflation fell to a record low in the United States last month, rekindling fears of deflation and warnings that the Federal Reserve might have to take even more aggressive steps to keep inflation as high as it wants it ...
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Groupon could break new ground for Google
MarketWatch
By John Letzing, MarketWatch SAN FRANCISCO (MarketWatch) — Google Inc.'s reported interest in closely-held Groupon Inc. could lead to the most expensive acquisition yet for the Internet giant, which has been in the midst of a buying spree. ...
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Wells Fargo to pay Citi $100 million over Wachovia
Reuters
NEW YORK (Reuters) - Wells Fargo & Co (WFC.N) will pay Citigroup Inc (CN) $100 million to settle a legal dispute over the contentious 2008 purchase of Wachovia Corp, closing another chapter of the receding financial crisis, the companies said on Friday ...
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Reuters
COMPLIANCE WATCH:Private Equity Funds Gear Up For SEC Registration
Wall Street Journal
By Suzanne Barlyn NEW YORK(Dow Jones)--Regulators still have a ways to go to map out plans for private equity fund registration, but the rush to comply with upcoming rules has already begun. The Securities and Exchange Commission met Friday to propose ...
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Over 95 Percent of 9/11 Workers Approve Settlement
New York Times
By MIREYA NAVARRO More than 95 percent of the workers who sued New York City and its contractors over health damages suffered in the 9/11 rescue and recovery effort have approved a negotiated settlement of their claims, clearing the way for payouts of ...
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California adds 39000 jobs in October
Los Angeles Times
The state's employment gains are spread across sectors, prompting one economist to declare, 'We have bottomed out.' By Alana Semuels, Los Angeles Times California employers added 39000 jobs to their payrolls in October, another sign that the state's ...
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Harrah's Entertainment scraps IPO
Reuters
A view of the marquee sign in front of the Harrah's Las Vegas casino on the Las Vegas Strip in Nevada in this December 12, 2007 file photo. By Helen Chernikoff NEW YORK (Reuters) - Casino company Harrah's Entertainment Inc scrapped its $500 million ...
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Reuters


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