Dow Turns Positive After Initial Sell Off; HP Surges 14%
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US home-builder confidence in the market for single family homes rose in May despite increasing building materials costs, an index showed on Wednesday.
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The board of Yahoo agreed on Sunday to buy the popular blogging service Tumblr for about $1.1 billion in cash, a signal of how the company plans to reposition, the NYT reports.
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The returns on real estate investment trusts (REITs) were more than three times those of the broader equity market in April, according to a new report.
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Americans are driving less, waiting longer to get licensed and are increasingly turning to alternatives to driving such as mass transit or car-sharing programs. NBC News reports.
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President Obama said IRS conduct targeting conservative groups for extra tax scrutiny was "inexcusable" and that acting IRS Commissioner Steven Miller is out.
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The company, which was making zero dollars via its mobile-ad platform a year ago, turned things around.
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Being audited is scary. Not knowing if you might be is almost as bad. Here is a roadmap to how the IRS decides on candidates for examination.
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If you're lucky enough to win the upcoming half-billion-dollar Powerball, you'll also be putting a big smile on Uncle Sam's face. That's because the tax burden will be substantial.
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Early Boomers may be on track to retire with enough savings for their golden years, a new Pew study finds. But Gen-Xersare in for a world of hurt.
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Dubai Police appear to have secured a rare Bugatti Veyron to add to its supercar fleet, making headlines over the last few weeks. Police Chief Dhahi Khalfan Tamim tweeted a picture of the 1001 horsepower car on his verified account.
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S&P downgraded Berkshire Hathaway's counterparty credit rating to "double A" from "double A plus" with a negative outlook.
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The force is coming to Britain. George Osborne, the U.K. finance minister announced on Friday that the next "Star Wars" film will be made in the country.
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Thursday's economic reports featured mostly bad news, with housing starts plunging and jobless claims rising while inflation remained under control.
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Virgin chief executive Richard Branson made his debut as a female flight attendant this weekend, donning a stewardess' uniform and serving drinks to passengers after he lost a bet with a fellow airline magnate.
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Green Bay Packers' quarterback Aaron Rodgers and linebacker Clay Matthews may have to soon share the television spotlight with its fans.
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The food supply is under siege from a blitz of man-made hazards, from arsenic-laced chicken to dying bee colonies, and some favorites may someday vanish from the plate.
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The 10-year Treasury is facing a huge drop in yield and a flight from risk, one analysis showed.
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The world's top search engine announced the music streaming service, which has built-in features to help users discover new music, at its annual developers conference in San Francisco.
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The U.S. government’s annual deficit is shrinking far faster than expected, and faster than many economists think is advisable for the health of the economy, the NYT reports.
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Google has reportedly signed licensing deals with Universal Music and Sony Music to launch a subscription music service that would compete with fast-growing start-up Spotify.