Financial Markets

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'Comps' hit as home prices sink

By Kenneth R. Harney / The Nation’s Housing Sunday, November 8, 2009 - “Appraisals have become a real hassle,” said Steve Stamets, a loan officer with 20 years’ experience at Nationwide Home Mortgage Inc. in Rockville, Md....

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Encouraging economic reports drive gains

U.S. stocks rose last week, breaking a two-week losing streak, as worker productivity, manufacturing and home-sales figures beat economists' projections and Warren E. Buffett's Berkshire Hathaway made its biggest purchase ever.

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U.S. Dollar picks up at end of week amid rising unemployment

The U.S. dollar on Friday regained some losses incurred during the past week as the U.S. unemployment rate rose to an unexpected 10.2 percent in October for the first time in 26 years. As risk sentiment remains the main driving...

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China presses developed world on policy after G20

China on Saturday shrugged off international pressure to appreciate its currency, saying developed countries should focus on the quality of their own economic policy-making. Chinese Finance Minister Xie Xuren, speaking after...

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China's new Nasdaq-style board sees wild start

BEIJING (AFP) - China's new Nasdaq-style market saw a week of wild yo-yo swings as frenzied investors sent the start-up shares to & quot;ridiculously & quot; high levels, analysts say, warning a correction is on the cards.

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Dow industrials snap losing streak to close week above 10,000

Stocks snapped a two-week losing streak Friday as a surge in General Electric nudged the Dow Jones industrial average back above 10,000, marking its first weekly close above that level since the early days of the credit crisis.

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Target-date funds shoot at moving, variable targets

Looking at target-date funds is a bit like trying to decide on a rental car. What investors learned at the Special Senate Committee on Aging hearing that looked at target-date funds as part of its efforts to strengthen the...

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Rajaratnam: a 'living buddha' under suspicion (AFP)

AFP – This photo taken on October 29 shows Sri Lankan W. Ariyapal (left) inside his house built by Raj Rajaratnam. … by Mel Gunasekera Mel Gunasekera – 7 mins ago RATHGAMA, Sri Lanka (AFP) – Raj Rajaratnam, a billionaire...

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Equity Markets Soar on Friday

Daily Review 5/11/2009 USD Dollar (USD) – With continues rally in stocks the Dollar weakened as investors wait for today's payrolls data. Weekly Jobless Claims showed the labor market has enhanced slightly, to 512K vs. 520K...

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Personal Finance: Losses, not taxes, should be concern in futures trading

Question: I've started trading futures and currencies. But if the person was concerned about the stocks plunging while waiting for a smaller long-term capital gains tax, Sheridan said, the investor might use futures to hedge...

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