Monthly Archives: May 2011

Obama names businessman Bryson to Commerce post

Written on May 31, 2011 by Editor - Finance Top Stories

SymbolPriceChangeBA77.56+0.57DIS41.54+0.02EIX39.36+0.04GE19.53+0.09{“s” : “ba,dis,eix,ge”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} Read More from the Article Source: http://us.rd.yahoo.com/finance/news/rss/story/*http%3A//us.rd.yahoo.com/finance/news/topnews/*http%3A//biz.yahoo.com/ap/110531/us_obama_commerce_secretary.html

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House to reject debt limit increase without cuts

Written on May 31, 2011 by Editor - Finance Top Stories

WASHINGTON (AP) — The GOP-led House is poised to reject a bill Tuesday to increase the nation’s debt limit without the big spending cuts that Republicans are demanding. The move is intended as an embarrassing reminder to Democrats that increasing … Continue reading →

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1Q late payments on auto loans lowest since 1999

Written on May 31, 2011 by Editor - Finance Top Stories

NEW YORK (AP) — Late payments on auto loans hit their lowest level since 1999 in the first quarter, providing more data that shows consumers have gotten a handle on their debt. TransUnion said the rate of payments that are … Continue reading →

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Home-price index falls to lowest point since 2002

Written on May 31, 2011 by Editor - Finance Top Stories

In this May 23, 2011 photo, a home is shown for sale in Chagrin Falls, Ohio. Home prices have reached their lowest points since the housing bubble burst in 2006, driven down by foreclosures, a glut of unsold homes and … Continue reading →

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FTSE adds 0.97% after break (AFP)

Written on May 31, 2011 by Editor - Stock Markets News

LONDON (AFP) – London stocks rose strongly on Tuesday on hopes of a second international bailout for Greece, but investors remained cautious over an easing in the eurozone debt crisis. Sentiment was also boosted by bumper gains across Asia, where … Continue reading →

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European stocks rise on hopes for Greece deal (AP)

Written on May 31, 2011 by Editor - Stock Markets News

FRANKFURT, Germany – European stocks rose Tuesday on hopes that a new aid deal was taking shape to keep Greece from defaulting on its debts, and as falling unemployment in Germany underlined the strength of the eurozone’s largest economy. The … Continue reading →

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Stocks gain on Greece hopes, but economy weighs (Reuters)

Written on May 31, 2011 by Editor - Stock Markets News

NEW YORK (Reuters) – Stocks rose on Tuesday on optimism that more financial aid for Greece was imminent, but weaker-than-expected manufacturing and consumer confidence data underscored the doubts that have hit stocks this month. Stocks jumped more than 1 percent … Continue reading →

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US stocks rise on hopes for new Greek aid package (AP)

Written on May 31, 2011 by Editor - Stock Markets News

NEW YORK – New hopes that a deal would be reached for Greece to avoid defaulting on its debts sent stocks higher Tuesday. The market gave up some of its gains following a surprise drop in U.S. consumer confidence. The … Continue reading →

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FTSE closes up 0.86% (AFP)

Written on May 31, 2011 by Editor - Stock Markets News

LONDON (AFP) – Stocks closed higher on Tuesday, on hopes of a second international bailout for Greece. London’s benchmark FTSE 100 index of top shares rose 0.86 percent to finish at 5,989.99 points. “So another little bounce … as investors … Continue reading →

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Explosion rocks Gibraltar port

Written on May 31, 2011 by Editor - BBC World News

31 May 2011 Last updated at 12:52 ET The fire and blast took place near a cruise ship An explosion and fire have rocked the port of the British territory of Gibraltar, injuring two people, a police spokesman has told … Continue reading →

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