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*Gold still on track for sharp weekly loss despite rally. NEW YORK, April 5- Gold rallied over 1.5 percent on Friday, on track for its biggest one-day gain since November, as disappointing U.S. job data fueled expectations that the Federal Reserve will continue its bullion-friendly bond purchases.
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NEW YORK, April 5- U.S. Today's report pushes out the date at which the Federal Reserve may reduce its purchases of securities, "said Brian Jacobsen, chief portfolio strategist, Investments Group, at Wells Fargo Funds Management in Menomonee Falls, Wisconsin.
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Goldman Sachs Group Inc. disclosed Thursday that board member Stephen Friedman, who was at the center of a controversy over conflict of interest at the Federal Reserve, plans to retire May 22.
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WASHINGTON, April 4- The Federal Reserve should focus its energies on bringing down an elevated U.S. unemployment rate even if inflation "slightly" exceeds the central bank's target, Fed Vice Chair Janet Yellen said on Thursday.
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ATLANTA-- CryoLife Inc. said Thursday that the Food and Drug Administration cleared a new version of its HeRO graft. CryoLife said the new version of the graft has an adaptor that allows physicians to combine the HeRO with other dialysis access grafts. Shares of CryoLife rose 19 cents, or 3.2 percent, to $6.06 in afternoon trading.
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New data from the IRS shows that tax filers with taxable incomes of $1 million or more were audited nearly 12 times more often than the population as a whole.
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DAYTON, Ohio, April 4- A second Federal Reserve official has suggested that U.S. interest rates may have to remain near zero until the unemployment rate falls as low as 5.5 percent, lower than the 6.5 percent threshold the U.S. central bank has in mind.
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WASHINGTON, April 4- Hedge fund and derivative investors are taking on more risk as aggressive monetary easing and an improving economy boost demand for higher-yielding securities, a Federal Reserve survey showed on Thursday.
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*Justice Department alerts victims to possible resentencing. WASHINGTON/ NEW YORK, April 4- Jeffrey Skilling, the former Enron Corp chief executive serving a 24- year prison term over the energy company's spectacular collapse, may get a chance to leave prison early.
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Tax refund fraud is a growing $5 billion a year problem that could get worse before it gets better. Crooks are getting smarter and the IRS needs to work harder to catch thieves.
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The Securities and Exchange Commission is moving into the 21st century with its announcement that communication on social media will be treated just like communication on a company's website. However, there are a number of questions still looming.
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NEW YORK/ SAN FRANCISCO, April 3- Investors trying to assess when the Federal Reserve will start to trim its economic stimulus via massive asset purchases would do well to track any progress Washington makes in reaching a budget deal.
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WASHINGTON, April 2- The top U.S. derivatives. The Commodity Futures Trading Commission is drawing up scores of new rules as part of the U.S. overhaul of derivative markets, which were largely unregulated before the 2007-09 credit meltdown.
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Connecticut Attorney General George Jepsen is leading a coalition of attorneys general that brought state cases against the McGraw Hill Cos Inc unit in February. Those cases were announced the same day that the Justice Department said it was seeking $5 billion in its own civil lawsuit against S&P.
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WASHINGTON, March 29- The U.S. Department of Justice opposed Standard& Poor's efforts to move a spate of lawsuits charging the ratings agency with fraud to federal from state courts. But the Department of Justice, in a filing in the U.S. District Court for the District of Connecticut on Friday, said there was no basis in law to move the cases to the higher-level.
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NEW YORK, March 29- Republic Bank of Chicago and Danversbank were among the largest borrowers from the U.S. Republic Bank of Chicago borrowed a total of $276 million across 10 loans during the first quarter of 2011, the Federal Reserve reported for the January through March period.
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WASHINGTON, March 28-- Boeing Co Chief Executive Jim McNerney on Thursday urged regulators reviewing battery problems on the company's grounded 787 passenger jet to let the plane back into service, saying he was confident the redesigned battery was safe.
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*Coming up: USDA crop report at 11 a.m. CDT ( 1600 GMT. Corn for May delivery eased 8 cents to $7.27- 1/ 4 per bushel as of 10:13 a.m. CDT at the Chicago Board of Trade.
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HELENA, Mont.-- The U.S. Department of Interior is cutting $2.5 million in federal mineral payments to Montana over the next five months. The Interior Department is making the reduction as part of the automatic federal spending cuts that started this month.
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*Sales of Tecfidera expected to top $3 billion by 2017. WASHINGTON, March 27- U.S. regulators on Wednesday approved a new multiple sclerosis drug made by Biogen Idec Inc that is widely expected to become the No. 1 oral treatment for the disease, with annual sales topping $3 billion.