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Financial News Stories

Wall Street closes down for January; Shake Shack rallies in debut

By Sinead Carew NEW YORK (Reuters) – U.S. stocks closed down on Friday after a volatile session as investors worried at the end of a rough month for the market about weak U.S. growth data and whether instability in Europe … Continue reading

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Shake Shack shares more than double in stock market debut

NEW YORK (AP) — Wall Street went wild for burgers Friday. Shares of Shake Shack, a burger chain that started as a New York City hot dog cart, more than doubled in their first day of trading. The company raised … Continue reading

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Shake Shack Shares Sizzle On Market Debut

Shake Shack, a former New York City food cart which is now a gourmet burger chain challenger to McDonald’s, rocketed upon its stock market debut on Friday. Shares spiked nearly 120% to close at $45.90 on Friday, valuing the chain … Continue reading

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Stocks sag at the close; January finishes on weak note

The U.S. stock market capped a rough month Friday, delivering its third loss in five days and extending its declines for the year. All told, the Standard Poor’s 500 index fell 3 percent in January, its worse monthly performance in … Continue reading

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Fed’s Fisher: stronger dollar good for U.S. jobs

By Ann Saphir SAN FRANCISCO (Reuters) – Sharp gains in the U.S. dollar are good for the U.S. labor market, a top Federal Reserve official said on Friday, downplaying a crescendo of complaints from top executives over the dent to … Continue reading

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Oil surges 8 percent as U.S. rig count plunges, shorts scramble

By Barani Krishnan NEW YORK (Reuters) – Oil prices roared back from six-year lows on Friday, rocketing more than 8 percent as a record weekly decline in U.S. oil drilling fueled a frenzy of short-covering. In a rally that may … Continue reading

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Shake Shack IPO vaults shares into ‘nosebleed’ territory

By Amrutha Gayathri and Lisa Baertlein (Reuters) – Shares of Shake Shack Inc (SHAK.N) more than doubled on Friday, putting a nearly $2 billion price tag on the small cult hamburger chain, in a huge bet that its growth can … Continue reading

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U.S. economy cools in fourth quarter, but consumer spending shines

By Lucia Mutikani WASHINGTON (Reuters) – U.S. economic growth slowed sharply in the fourth quarter as weak business spending and a wider trade deficit offset the fastest pace of consumer spending since 2006. The slowdown followed two back-to-back quarters of … Continue reading

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Japan’s biggest airlines foresee smooth annual earnings

Japan’s two biggest airlines on Friday projected smooth full-year earnings, with All Nippon Airways (ANA) placing a $2.2 billion order for Boeing and Airbus planes, while rival Japan Airlines (JAL) raised its full-year profit forecast. ANA said its April-December net … Continue reading

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Twitter cofounders come to CEO Dick Costolo’s aid amid criticism from investors, analysts

Washington, Jan 30 (ANI): Twitter cofounders have come out in support of the social networking site’s CEO Dick Costolo amid a series of criticisms of his performance by investors and analysts. According to Mashable, Jack Dorsey, Twitter’s cofounder and current … Continue reading

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Financial News

Financial news covers such a wide spectrum of issues and can affect us in both our professional dealings as well as in our day-to-day lives. Banks, large corporations, CEO’s and even the government are making decisions every day that can affect the decisions that we need to make. Rocket News is the easiest and most efficient way to make sure we stay on top of developments that we need to know about. All categories of news are arranged in a logical manner and by simply clicking on any area of interest, you will immediately get all the headlines from the top news feeds. Just click on the story that you want more in depth information on and you will be able to read the story in its entirety. Rocket News will also show other articles that are related to what you are reading about, making it easy to get even more information or other points of view.

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