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Example Headline of Genre for Date
Geithner warns EU on hedge fund regulation plan
AFP - US Treasury Secretary Timothy Geithner has warned the European Commission its plans to regulate hedge funds and private equity groups could spark a transatlantic row, a paper reported Thursday.
Japan's 4Q growth weaker than first estimated
AP - Japan's economic growth was weaker than first estimated in the fourth quarter, underscoring a patchy recovery in the world's No. 2 economy.
Oil falls below $82 as traders eye weak US demand
AP - Oil prices fell below $82 a barrel Thursday in Asia as traders eyed tepid U.S. crude demand amid an overall economic expansion.
U.S. dollar still rules, but debt level a risk: S&P
Reuters - The U.S. dollar is still the most important world currency, Standard & Poor's said on Thursday, but added that rising levels of U.S. debt and dependence on foreigners to finance much of pose risks to the currency's primacy.
India aims to be world's fastest growing economy
AP - Just how fast can India grow? Ask Manal Farooq, who can't make gloves quickly enough.
Oil near $82 as traders eye weak US demand
AP - Oil prices fell to near $82 a barrel Thursday in Asia as traders eyed tepid U.S. crude demand amid an overall economic expansion.
Jan trade gap narrows unexpectedly due to oil
Reuters - The U.S. trade deficit narrowed unexpectedly in January as oil imports fell to their lowest since February 1999, a government report showed on Thursday.
US trade gap narrows on falling imports
AFP - The US trade deficit narrowed unexpectedly in January as volume fell for the first time in five months, led by a drop in imports, the government reported Thursday.
German economy to shrink in Q1, think tank says
AP - A leading German think-tank says it expects the country's economy — Europe's biggest — to contract in the first quarter because of an unusually harsh winter.
Hawaii jobless rate inches upward, led by tourism
AP - Hawaii's unemployment rate inched upward in January, led by large job losses in the tourism sector of the state's economy, the state reported Wednesday.
Obama issues new call on China over yuan
AFP - US President Barack Obama Thursday called on China to embrace a 'market oriented' exchange rate for its yuan currency, saying such a move would help rebalance the global economy.
Exxon Mobil boosts 2010 spending 4 percent
Reuters - Exxon Mobil Corp will increase its capital spending nearly 4 percent this year to $28 billion as it evaluates new fields around the world, but it cautioned that the global economy remained unsteady.
Obama to sign order to execute export-doubling strategy
AFP - US President Barack Obama will sign an executive order Thursday to put into action his ambitious strategy to double American exports to ease an unemployment crisis at home, officials said.
US trade gap narrows on falling imports, exports
AFP - The US trade deficit narrowed unexpectedly in January as imports and exports declined and overall volume fell for the first time in five months, the government reported Thursday.
Appetite for reform fading: NYSE Euronext CEO
Reuters - The appetite and sense of urgency for world financial reform have waned as markets have rebounded and the world economy has shown signs of recovering, the head of exchange operator NYSE Euronext said on Thursday.
Key US senator to unveil new financial overhaul plan
AFP - A key US senator said he would unveil new legislation next Monday to rewrite US financial rules and prevent a repeat of the global economic meltdown of 2008.
EU rejects US criticism over hedge fund curbs
AFP - European officials on Thursday defended planned new EU legislation regulating high-end financial services from 'protectionist' charges, amid anger from US Treasury chief Timothy Geithner.
Obama outlines strategy to boost exports
Reuters - President Barack Obama, anxious to spur growth and tackle high unemployment, on Thursday laid out a plan for tougher enforcement of trade laws, government advocacy and credit assistance to double U.S. exports in five years.
Jobless claims by state, at a glance
AP - First-time claims for unemployment benefits slipped last week by 6,000 to 462,000 for the week ending March 6. The total nearly matched analysts' estimates and was the second straight drop.
Summary Box: Jobless claims drop for second week
AP - JOBLESS CLAIMS DROP: New claims for unemployment benefits fell last week to a seasonally adjusted 462,000, nearly matching analysts' estimates. It was the second straight drop.
How free markets sank the U.S. economy
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 its steepest downturn since the Great Depression.
Smart Spending: Wedding gifts on a budget
AP - Spring has sprung and so have the wedding invitations. They'll be joyous events, but finding the perfect gifts to bring along can be stressful during these tough economic times.
Exxon Mobil boosts 2010 capital spending 4 percent
Reuters - Exxon Mobil Corp will increase its capital spending nearly 4 percent this year to $28 billion in part as the largest U.S. oil company seeks to increase its share of the global market for natural gas.
Citigroup sees return to sustained profitability
Reuters - Citigroup Inc Chief Executive Vikram Pandit told investors on Thursday that the bank is on track to return to sustained profitability, and that losses from some of its worst assets should be manageable if the economy does not deteriorate.
Fed seen keeping "extended period" low rate vow
Reuters - Lingering U.S. labor market weakness and nagging doubts about the solidity of the economic recovery are expected to keep the Federal Reserve committed to holding borrowing costs very low for a long time at a monetary policy meeting next week.
Obama launches export-doubling strategy
AFP - President Barack Obama put into action Thursday an ambitious strategy to double US exports by prising open lucrative emerging markets in a bid to ease unemployment amid fragile economic recovery.
Exxon boosts 2010 capital spending to $28 billion
Reuters - Exxon Mobil Corp will increase capital spending nearly 4 percent this year to $28 billion in part as the largest U.S. oil company seeks to increase its share of the global market for natural gas.
Fed emergency loans decline in past week
AP - Banks borrowed less from the Federal Reserve's emergency lending program over the past week, providing further evidence that the strains caused by the financial crisis are easing.
AT&T CEO accepts bonus; pay rises to $20.2M
AP - The frugality of the recession eased in the 2009 pay package for AT&T Inc. CEO Randall Stephenson, who resumed taking a bonus and saw his compensation rise by one-third to $20.2 million, according to Associated Press calculations on a regulatory filing Thursday.
Coca-Cola FEMSA bottler to change bylaws
AP - Drinks company Fomento Economico Mexicano SAB said Wednesday its bottler, Coca-Cola FEMSA, plans to change its bylaws so a simple majority of its board can appoint and set compensation of the CEO and people who report directly to him or her.
Summary Box: Trade deficit unexpectedly narrows
AP - TRADE GAP: The U.S. trade deficit narrowed to $37.3 billion in January, a decline of 6.6 percent from December, reflecting a big drop in imports as shipments of foreign oil and autos both declined.
US household wealth jumps for first time since recession
AFP - American household wealth jumped in 2009 for the first time since a brutal recession struck the country, underscoring the impact of an economic recovery, data from the central bank showed Thursday.
States tap stimulus as more U.S. families seek aid
Reuters - Many states have used funds from the $863 billion U.S. economic stimulus plan to help give a rising number of poor families emergency cash assistance, the Government Accountability Office said on Thursday.
Regulators shut LibertyPointe Bank in NYC
AP - Regulators on Thursday shut down LibertyPointe Bank in New York City, boosting to 27 the number of bank failures in the U.S. so far this year following the 140 brought down in 2009 by mounting loan defaults and the recession.
Obama to tap Yellen for Fed vice chair: source
Reuters - President Barack Obama plans to nominate San Francisco Federal Reserve Bank President Janet Yellen to be vice chairman of the central bank, a source familiar with the process said on Thursday.
U.S. "very close" to job growth: Summers
Reuters - White House economic adviser Larry Summers said on Thursday that the United States is 'very close' to the point where job growth can begin. (Reporting by Chris Baltimore; editing by Carol Bishopric)
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