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G8 will produce lots of chatter, but not much else

Any time eight of the world's most powerful heads of state gather in one room, there will be plenty to talk about. But much of the most important jawboning and arm-twisting happens behind the scenes.Any time eight of the world's most powerful heads of state gather in one room, there will be plenty to talk about. But much of the most important jawboning and arm-twisting happens behind the scenes.


Stocks close in the red on concerns Fed will pare back stimulus

Stocks closed out a volatile week on Wall Street broadly in the red Friday, as investors digested a batch of mixed economic reports amid lingering concerns over whether central banks will pare back their stimulus programs.Stocks closed out a volatile week on Wall Street broadly in the red Friday, as investors digested a batch of mixed economic reports amid lingering concerns over whether central banks will pare back their stimulus programs.


Financial markets suffering a crisis of confidence

With investors dumping assets ranging from bonds, currencies to equities, there appears to be a lack of hope among investors that central bank policies can generate real economic recovery, said strategists.With investors dumping assets ranging from bonds, currencies to equities, there appears to be a lack of hope among investors that central bank policies can generate real economic recovery, said strategists.


Jobless claims drop, showing labor market still healing
The number of Americans filing new claims for jobless benefits fell last week, nearing its lowest level in five years in a sign of resilience for the U.S. labor market.

What's behind the spike in pump prices where you are?

After prices spiked much higher than average in several parts of the country, a lot of drivers are wondering why they're suddenly shelling out more to fill up.After prices spiked much higher than average in several parts of the country, a lot of drivers are wondering why they're suddenly shelling out more to fill up.


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