Reuters Obama says authorities probe cause of stock swoon Reuters NEW YORK/WASHINGTON (Reuters) – President Barack Obama said US authorities were investigating the cause of a nearly 1000-point plunge in the Dow Jones industrial average that left investors reeling.

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National Post U.S. Economy Added 290000 Jobs in April Wall Street Journal The US economy in April added jobs at the fastest pace in four years, but the unemployment rate unexpectedly rose

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Globe and Mail Oil hits 18-month high over $85 on economic outlook Reuters LONDON (Reuters) – US crude futures hit an 18-month high on Monday, climbing toward $86 per barrel on expectations of faster-than-expected economic recovery.

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Washington Post Asian stocks hit 11-week high; technology leads Reuters HONG KONG (Reuters) – Asian stocks rose to an 11-week high on Thursday as China's manufacturing industry picked up and foreign buying boosted the technology-heavy markets of Taiwan and South Korea. The Nikkei average rose to a new 18-month closing high … European, Asian Shares Gain on Economy; US Index Futures Rise BusinessWeek Asian Shares Gain Wall Street Journal Asian Stocks Advance on Yen, Commodities; Lihir Gold, CSR Surge San Francisco Chronicle New York Times

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Euro-zone March factory PMI rise beats forecast MarketWatch LONDON (MarketWatch) — March manufacturing activity across the 16-nation euro zone expanded at the fastest clip since June 2006, with the euro-zone manufacturing purchasing managers index rising to 56.6 from 54.2 in February, Markit Economics reported … China manufacturing activity faster in March: survey AFP Irish Manufacturing Sector Improves For First Time In 28-Months RTT News Russian Manufacturing PMI Shows 'Sluggish' Growth in March BusinessWeek Wall Street Journal

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Global Canada Economy Expanded the Fastest in Three Years in January BusinessWeek March 31 (Bloomberg) — Canada's economy expanded at the fastest pace in three years in January, led by manufacturing, wholesaling and construction, adding to evidence that the country is recovering more quickly than policy makers … Canada January GDP +0.6% vs +0.5% in December; +1.3% yr/yr Market News International Canada's economy heated up in January CBC.ca Canada's GDP grows 0.6% in January, bettering forecasts NASDAQ Vancouver Sun

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Reuters Citi's Pandit sees Local Consumer Lending losses contained MarketWatch SAN FRANCISCO (MarketWatch) — After nearly collapsing during the 2008 financial crisis, Citigroup Inc. split its businesses into good and bad divisions

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Washington Post 972 Foreclosure Filings in Hawaii in February New York Times By AP HONOLULU (AP) — A real estate research firm is reporting there were 972 foreclosure filings in Hawaii in February. The figure reported Thursday by foreclosure listing firm RealtyTrac represents an 81 percent increase over 537 filings in February ..

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KOMO News US Economy: Trade Deficit Unexpectedly Shrinks (Correct) BusinessWeek March 11 (Bloomberg) — The trade deficit in the US unexpectedly narrowed in January as imports fell for the first time in five months, indicating demand is cooling following the fastest pace of growth in six years. …

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RTT News Qwest 4Q Profit Falls 39% Amid Sales, Landline Drop Wall Street Journal NEW YORK (Dow Jones)–Qwest Communications International Inc. (Q) reported a 39% slide in fourth-quarter earnings as a result of the continued deterioration of demand in its traditional phone services

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