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The Chinese government is planning for private businesses and market forces to play a larger role in its economy, in a major policy shift to make China an even stronger competitor on the global stage. The NYT reports.
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Stock index futures turned higher Thursday following a report that Greek politicians reached a long-awaited austerity deal and after a better-than-expected jobless claims news.
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Stocks squeezed out small gains in a thin, choppy session Wednesday, with the Nasdaq hitting multi-year highs, but gains were limited as Greek debt negotiations came to another halt.
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U.S. stock index futures were slightly higher Wednesday, with investors positioning for a favorable resolution to the Greek sovereign debt crisis.
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Investors should start scaling back risk in their portfolio in anticipation of more favorable buying opportunities in the coming weeks, Chris Watling, CEO and chief market strategist at Longview Economics, told CNBC on Tuesday.
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Stocks closed higher Tuesday, reversing their earlier losses, amid optimism that Greece may be nearing a rescue deal.
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Stock index futures edged lower Tuesday, tracking struggling European markets lower after a handful of mixed earnings and amid ongoing uncertainty over Greek debt talks.
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Two American brothers of a Mexican casino magnate who fled drug and fraud charges in the United States and has been seeking a pardon enabling him to return have emerged as major fund-raisers and donors for President Obama’s re-election campaign, The New York Times reports.
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It’s impossible to say what a fully recovered U.S. economy will look like, or how long it will take to get there. However, some sectors have begun to hire again.
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Stocks came off their worst levels but still closed lower Monday as investors took a breather following the recent market rally and amid ongoing debt negotiations in Greece over a fresh austerity package.
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Stock index futures dipped Monday, tracking losses in Europe amid concerns over whether Greece can avoid a messy default.
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Stocks ended near session highs Friday, with the Dow finishing at its best level since May 2008, buoyed by a monthly government employment report that blew past estimates and a handful of impressive economic news.
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American icon Caterpillar is one firm who is helping bring jobs back home, reports CNBC's Jane Wells. Marc Morial, National Urban League, and Ron Christie, Christie Strategies, also weigh in.
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US stock index futures surged following a monthly government employment report that blew past estimates.
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An Iranian missile under construction, caught up in a mysterious blast in November, had a range of 6,000 miles, a senior Israeli official said Thursday in a speech outside Tel Aviv, the Christian Science Monitor reports.
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Euro zone and U.S. growth rates will probably diverge this year, with the euro zone contracting while U.S. growth accelerates, but U.S growth will be similar to that in the euro zone next year, Legal & General Investment Management said in a new report.
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Stocks ended narrowly mixed in a lackluster session Thursday following a handful of mixed earnings reports, decline in weekly jobless claims and ahead of the government's monthly employment report due Friday morning.
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U.S. stock index futures turned positive Thursday following news that jobless claims fell and as investors digested a handful of mixed earnings news.
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During his presidential campaign in 2007, Republican candidate Mitt Romney promised that a trust overseeing his financial portfolio would shed any investments that conflicted with GOP positions toward Iran, China, stem cell research and other issues.
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Stocks kicked off the first trading day of February with a bang, extending their robust rally from the previous month, boosted by some positive global economic news in addition to a report that Greece and its private creditors may soon agree upon a deal.
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US stock index futures indicated a sharply higher open for Wall Street, with spirits lifted by a possible announcement of an IPO by Facebook and ahead of various data on unemployment.