China December factory PMIs suggest economy cooling further, more stimulus expected

China's factory activity sputtered in December, underlining the challenges facing the country's manufacturers as they fight rising costs and softening demand in a cooling economy. After a rough 2014, the ...

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Tesco remuneration committee head to step down

The head of the remuneration committee at scandal-hit British grocer Tesco PLC , Stuart Chambers, is set to step down, Tesco said on Wednesday. Deanna Oppenheimer, a non-executive director, will succeed ...

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Fed forecasting tool calls for immediate rate hike, Plosser says

A forecasting tool developed by the Federal Reserve recommends that U.S. interest rates should be hiked immediately to keep pace with the improving economy, according to a paper by the soon-to-retire Philadelphia ...

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Boeing appears to hit 111 of 787 deliveries for 2014, tops target

Boeing Co appears to have delivered 111 of its 787 Dreamliners in 2014, topping its forecast of 110, after the company said on Wednesday it had delivered Etihad Airways' first 787-9 jet. Boeing, the world's ...

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Ambac sues Bank of America over Countrywide mortgage bonds

Ambac Assurance Corp sued Bank of America Corp to recoup hundreds of millions of dollars of losses from insuring roughly $1.68 billion of securities backed at least in part by risky mortgages from the ...

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U.S. Midwest business barometer down, at lowest since July

The pace of business activity in the U.S. Midwest slowed in December, a report showed on Wednesday. The Institute for Supply Management-Chicago Business Barometer declined to 58.3, its lowest reading since ...



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U.S. pending home sales rise modestly in November

Contracts to buy previously owned U.S. homes rose only modestly in November, pointing to a still-sluggish housing market despite several months of stronger economic growth and hiring. The National Association ...

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U.S. jobless claims rise more than expected last week

The number of Americans filing new claims for unemployment benefits rose more than expected last week, but not enough to change views of a sustained strength in the labor market. Initial claims for state ...

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Wall Street wedding bells to keep ringing in 2015

2014 turned out to be a big year for mergers and acquisitions, and Yahoo Finance Senior Columnist Michael Santoli doesn't see the deal making ending anytime soon.

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Top-searched stock of 2014: Apple

Yahoo Finance is looking at the top-searched stocks of 2014. Apple came in at number 1 on the list.

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Stock futures tick up as strong 2014 draws to a close

U.S. stock index futures edged higher on Wednesday, suggesting Wall Street would end a strong year with minor gains, though the seasonal trend of modest moves and low volume looked set to continue.

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Gold down on higher shares, poised to end 2014 flat

By Clara Denina LONDON (Reuters) - Gold edged down on higher shares on Wednesday, but was poised to end 2014 steady around $1,200 an ounce as the impact of a stronger dollar was offset by demand from investors ...

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Oil set for biggest slump since '08 as OPEC battles US shale

Oil headed for the biggest annual decline since the 2008 global financial crisis as U.S. producers and the Organization of Petroleum Exporting Countries ceded no ground in their battle for market share ...

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Sony salvages 'The Interview'—but the terrorists still won

Threats meant to disrupt the release of the controversial film actually worked.

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Oil prices fall more than $1, dropping to five-year lows

Crude oil prices fell on Monday, giving up early gains as traders and investors bet that fighting in Libya would not take much of a bite out of global production.

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Anemic growth warrants easy monetary policy: IMF's Lagarde

Accommodative monetary policy will remain necessary for as long as global growth remains weak, IMF managing director Christine Lagarde said in a newspaper article published on Wednesday. With the global ...

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Burger chain Shake Shack orders up IPO

Shake Shack is bringing its burgers, milkshakes and crinkle-cut fries to Wall Street. The New York-based premium burger chain filed for an initial public offering, hoping to raise as much as $100 million.

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Six Chinese automakers recall over 300,000 cars: watchdog

Six Chinese carmakers will recall more than 300,000 vehicles due to a fuel pump defect that could cause oil leaks, China's quality watchdog said on Wednesday. The defective auto parts were supplied by ...

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Retailers save discounts for bargain hunters

There’s a growing gap in retailing between those who get discounts and those who don’t. Call it the discount divide. After years of sending out email blasts offering all shoppers steep discounts, retailers ...

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Exclusive: Mexico's light crude, shunned for U.S. shale, sails east

Mexican crude oil is sailing to the U.S. East Coast at the highest rate in over a decade, according to customs data reviewed by Reuters, in a sign deepening discounts help crack open new markets as domestic ...

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U.S. opening of oil export tap widens battle for global market

The Obama administration has opened a new front in the global battle for oil market share, effectively clearing the way for the shipment of as much as a million barrels per day of ultra-light U.S. crude ...

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After 2014's party, investors in U.S. stock market may face a hangover

Revelers ringing in of the new year this week need to watch out for the next day's hangover. And investors may experience a similar feeling early in 2015 after a two-year run that has propelled U.S. stocks ...

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Public scorn greets LG and Samsung's storm in a washing drum

South Korea's two top technology firms, Samsung Electronics and LG Electronics, have a history of bitter rivalry, but their latest spat over a handful of washing machines has prompted a barrage of public ...

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Brent falls towards $57 as demand concerns outweigh supply disruptions

Brent crude prices edged towards $57 a barrel on Wednesday as weak Chinese manufacturing data and demand concerns outweighed supply disruptions in Libya. China's factory sector shrank for the first time ...

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Special report: The mainland's colonisation of the Hong Kong economy

When Xi Jinping wanted to deliver a political message to Hong Kong as protesters demanding free elections were threatening to take to the streets, he summoned the tycoons who dominate the city’s economy. ...

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Asia closing the year on a cautious note

Asian markets were set for a cautious close to 2014 on Wednesday as worries about Greece's future in the euro zone served as an excuse to take profits on popular trades. The U.S. dollar also ran into selling ...

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U.S. opens door to oil exports after year of pressure

The Obama administration on Tuesday bowed to months of growing pressure over a 40-year-old ban on exports of most domestic crude, taking two steps expected to unleash a wave of ultra-light shale oil onto ...

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Behind the $50 million bet against home builders

In a large options trade Monday, one trader bet housing stocks will collapse in the coming months.

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Exclusive: Oklahoma oilman appeals billion-dollar divorce judgment

Last month, when oil magnate Harold Hamm was ordered to pay his ex-wife $1 billion in their divorce, he called the ruling "fair and equitable,” publicly thanked the judge and said he was happy to ...

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On Wall Street, 2014 is ending just as 2013 did. A January warning?

The stock market rally since October has closely tracked the fourth-quarter climb that closed out 2013, and investors are once again growing giddy. Are we at risk of another rude January surprise?

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3 key questions for McDonald's in 2015

Many questions surround the Oak Brook, Ill., Big Mac maker, but three main areas -- shareholder activism, operational developments and visitor numbers at its stores -- cover much of what has to be watched.

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Exclusive: Oil price crash claims first U.S. LNG project casualty

Excelerate Energy's Texan liquefied natural gas terminal plan has become the first victim of an oil price slump threatening the economics of U.S. LNG export projects. A halving in the oil price since June ...

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The biggest surprise for tech investors in 2014 won't come again next year

Left-for-dead PC era stalwarts Intel and Hewlett-Packard had the best total returns among the largest U.S. technology company stocks this year. But can they repeat in 2015?

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Goldman tops UK banker pay with $4.7 million awarded for 2013

Goldman Sachs paid its top 121 London bankers about 3 million pounds on average last year, far exceeding payouts at other leading banks, data released on Tuesday showed. The U.S. investment bank's data ...

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U.S. home price growth cools further in October

U.S. home price growth moderated in October, but the closely-watched S&P/Case-Shiller report hinted at re-acceleration in certain cities.

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Apple wins Christmas with 51% of new device activations

More than half the new devices activated this holiday season were Apple gadgets



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U.S. consumer confidence rises in December

U.S. consumer confidence increased in December, bolstered by a brightening jobs situation that left perceptions about economic conditions at a high last seen in February 2008, according to a private sector ...

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Investors finally believing in secular bull market: Pro

Henry Smith, Haverford Trust, and Maury Harris, UBS chief U.S. economist, share their outlook on the markets and economy next year. Stick with high quality dividend-paying stocks, suggests Smith. And Harris predicts wages will likely pick up next year.

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DOJ targeting Morgan Stanley's relationship with subprime lender: NYT

The U.S. Department of Justice is examining the relationship between Morgan Stanley and now-defunct New Century Financial Corp in the sale of subprime mortgages in the run-up to the financial crisis, New ...

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Credit Suisse to fight New York mortgage securities case

Credit Suisse Group AG has signaled that it intends to fight a U.S. lawsuit that accuses the Swiss bank of deceiving investors in mortgage-backed securities it had issued. A New York State Supreme Court ...

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Live: Wall Street poised to slip from record high as crude skids

U.S. stock-index futures pointed to a lower open for Wall Street as crude oil prices came under renewed pressure, and traders waited for a key report on American home prices.

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Should you buy Apple stock?

Yahoo Finance is answering your top-asked finance question of 2014 based on Yahoo search. The number one thing you wanted to know was, “Should I buy Apple stock?”

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Exclusive: U.S. agency gives quiet nod to light oil exports - sources

The main U.S. export authority is telling some oil companies that they should consider exporting a lightly processed form of crude oil called condensate without formal permission, according to people familiar ...

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Global stocks edge up despite Greece; oil falls sharply

Shares edged higher in major markets on Monday despite a flight to safety triggered by a sell-off in Greek bonds, while crude oil prices tumbled after a short-lived bounce. Greek Prime Minister Antonis ...

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This could signal trouble is ahead for the global economy

Is Dr. Copper delivering a lump of coal to investors this holiday season?



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Oil slips to lowest level since 2009 amid supply glut

U.S. oil prices dipped Tuesday to the lowest level since 2009 on projections crude inventories are running at the highest level for this time of the year in more than three decades.

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Oil, Greece turmoil set to weigh on Wall Street

U.S. stock index futures signaled a lower open on Tuesday, as oil prices continued to weaken and Greece remains in focus.

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Is Corporate Revenge Hacking OK? The FBI Says No

The hacked are itching to hack back. So say a dozen security specialists and former law-enforcement officials, who described an intensifying and largely unspoken sense of unease inside many companies after ...



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Hyundai Motor to build two vehicle factories in China

Hyundai Motor Co said on Tuesday it would build two plants in China each with a production capacity of 300,000 vehicles. The South Korean automaker said one plant, to be located in Hebei, will start production ...

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Toyota to miss China 2014 sales goal of over 1.1 million vehicles: executives

Toyota Motor Corp is likely to miss its 2014 objective of selling over 1.1 million vehicles in China because of a faster-than-anticipated economic slowdown and resulting price war in the local auto market. ...

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In-store pickup does not save U.S. shoppers much time: study

Major U.S. retailers including Target Corp and Toys 'R Us have begun allowing shoppers to collect online purchases at their brick-and-mortar stores, but a study shows the option often saves little, if ...

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Brent drops towards five-year low near $57, supply glut weighs

Brent oil extended losses into a fourth session on Tuesday, with prices hovering close to a more than five-year low above $57 per barrel, as persistent worries about a global supply glut offset concerns ...

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Petrobras says probe may implicate pension fund; cuts off contractors

Brazil's state-run oil company Petrobras on Monday said a growing corruption scandal may implicate its employee pension fund and has led to a freeze on payments to 23 contractors allegedly involved in ...

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Petrobras deadline prompts some bondholders to push for default

Petrobras, Brazil's state-run oil company, could be declared in technical default on some of its foreign debt as early as Tuesday if bondholders pursue efforts to force it to speed up its assessment of ...

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