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Better Chicago housing market getting sellers off the fence
Forty percent fewer homes were available for sale in the nine-county Chicago area in April than a year ago, leading to higher sales prices. That, in turn, is prompting more homeowners to slap fresh paint on their walls and list their homes for sale....
Tags: Real Estate, Chicago Mortgages, Banking, Ben Bernanke, Gurnee
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METALS-Copper inches up but China woes drag on demand outlook
ReutersSINGAPORE, May 24 (Reuters) - London copper futures edged higher on Friday after falling the most in three weeks the session before on signs that growth had stalled in top consumer China. But gains after Thursday's more than 3-percent slide will likely be...Tags: Consumers, Consumer Confidence, Business Enterprises, Central Bank, Germany
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Oil prices set for biggest weekly loss in five
Reuters* Shrinking factory activity in China limits oil demand growth * Rosy U.S. economic data raise worries Fed may end stimulus soon * Gasoline demand over U.S. summer driving season may disappoint * Coming up: Germany detailed Q1 GDP; 0600 GMT By...Tags: Inventories, Fuel-efficient Vehicles, Petroleum Industry, China
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Special Report: The deeper agenda behind "Abenomics"
ReutersTOKYO (Reuters) - When ill health and political gridlock forced Shinzo Abe to quit after one dismal year as Japan's prime minister, his pride was dented and his self-confidence battered. One thing, however, was intact: his commitment to a controversial...Tags: Pension and Welfare, Ulcerative Colitis, Brookings Institution, Japan Nuclear Emergency (2011), Avalanches and Landslides
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GLOBAL MARKETS-Asian stocks shaky, Nikkei still seen vulnerable
Reuters* Nikkei down 0.6 pct, erases earlier gains * Asian stocks outside Japan dip to 1-month lows * Yen rises vs USD and euro as Nikkei trims gains By Ian Chua SYDNEY, May 24 (Reuters) - Japanese stocks turned negative on Friday and the yen reversed...Tags: Japan, Bonds, Ben Bernanke, Shinzo Abe, HSBC Holdings plc
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GLOBAL MARKET-Volatile Nikkei keeps Asian stocks on edge
Reuters* Nikkei ends a seesaw day up 0.9 pct * Asian stocks outside Japan dip to 1-month lows * Yen rises vs USD and euro on turbulent Nikkei * European stocks expected to fare better By Ian Chua SYDNEY, May 24 (Reuters) - Asian stocks fell to one-month...Tags: Japan, Bonds, Ben Bernanke, HSBC Holdings plc, CNBC (tv network)
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European shares steady as technical traders bet on new bounce
Reuters* FTSEurofirst 300 up 0.1 pct, Euro STOXX 50 up 0.3 pct * Technical traders step in as charts show rally is intact * Smiths Group up 1 pct after update shows growth By Francesco Canepa LONDON, May 24 (Reuters) - European shares steadied on Friday,...Tags: Science and Technology, Foreign Exchange Market
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Market turbulence poses first serious test for Abenomics
ReutersBy William Mallard TOKYO May 24 (Reuters) - This week's turbulence in Tokyo markets exposes a key risk of Prime Minister Shinzo Abe's all-in strategy to revive Japan's economy - if investor confidence falters, the government and the Bank of Japan may...Tags: Japan, Bonds, Finance, Ben Bernanke, Economy, Business and Finance
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Fed officials stress no rush to exit, not on 'autopilot'
Reuters(Reuters) - The Federal Reserve will not hastily withdraw its policy stimulus for the economy, a senior central banker said on Thursday, while another stressed that it could adjust the pace of bond purchases both up or down according to the data. Seeking...Tags: Employment Opportunities, Ben Bernanke, Finance, Economy, Business and Finance, Labor Markets
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US unemployment aid applications drop 23,000 to 340,000, a sign of improvement in job market
AP Economics WriterWASHINGTON (AP) — The number of Americans applying for unemployment benefits fell 23,000 last week to a seasonally adjusted 340,000, a level consistent with solid job growth. The less volatile four-week average ticked down just 500 to 339,500,...Tags: Employment Opportunities, Job Layoffs, Ben Bernanke, Finance, Unemployment Rate
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US STOCKS SNAPSHOT - Dow, Nasdaq edge up in choppy trading
ReutersNEW YORK, May 23 (Reuters) - U.S. stocks hit session highs in a volatile session on Thursday with the Dow industrials posting a second straight swing of more than 160 points as investors digest the Federal Reserve's evolving policy stance. The Dow...Tags: Stock Activities, Nasdaq Composite, S&P 500, Financial Markets, Stock Market
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GLOBAL MARKETS-Shares volatile on uncertain growth outlook, dollar lower
Reuters* U.S. shares recover, but growth outlook still uncertain * Japan, Europe tumble after weak data from China, euro zone * Dollar index lower, yen gains against dollar By Ryan Vlastelica NEW YORK, May 23 (Reuters) - U.S. stocks and bonds were volatile...Tags: Japan, Stock Activities, Bonds, Ben Bernanke, S&P 500
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