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NY Fed manufacturing contracts for third month in August

A gauge of manufacturing in New York State showed the sector unexpectedly contracted for the third month in a row in August as new orders fell to their lowest level since November 2010, the New York Federal Reserve said in a report on Monday.

Wall Street rises on M&A, Europe hopes

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Stocks rose more than 1 percent on Monday, feeding on acquisition news and hopes European politicians will come up with solutions to the region's debt crisis.
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U.S. home builder sentiment stagnant in August

U.S. homebuilder sentiment remained stuck at historic lows in August, as a glut of distressed homes, tight credit, and economic uncertainty kept new buyers out of the market, the National Association of Home Builders said on Monday.
Vampire Bat

Vampire Bat Virus Causes First Death in U.S., Officials Watch Closely

Not only can vampire bats locate hotspots or blood vessels in their prey using infrared vein sensors on their lips, which was revealed in a study earlier this month, the blood-sucking bats may also be carrying rabies virus, as U.S. health officials confirmed Friday the first death in the country from rabies carried by the animals.
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Watch for More Gold Price Declines in Near-Term - Analyst

Commodities saw volatile movement last week, driven by intensifying talk of U.S. double-dip recession, spreading of sovereign crisis from the European periphery to core economies, speculations of U.S. Fed's easing measures, and supportive macro-economic data.
Cuban singer Pablo Milanes performs his first concert in Spain, presenting the album "Mas alla de todo", in Burgos

Singer Pablo Milanes Urges More Freedom in Cuba

One of Communist-ruled Cuba's best-known singers, Pablo Milanes, said in quoted comments he would like to see more freedom to protest on the island as he prepared for a controversial concert this month in Miami.
A Lowe's store is seen in Westminster

Lowe's Cuts Outlook Again as Homeowners Cautious

Lowe's Cos Inc (LOW.N) reported weaker-than-expected quarterly sales and cut its fiscal-year outlook for the second time in three months as homeowners put off big renovations in an anemic U.S. economy.
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Lowe's cuts outlook again as homeowners cautious

Lowe's Cos Inc reported weaker-than-expected quarterly sales and cut its fiscal-year outlook for the second time in three months as homeowners put off big renovations in an anemic U.S. economy.
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Russia set to be biggest buyer at own airshow

Russia will showcase its top-of-the-range fighter jets and newest space shuttles at the MAKS airshow, starting on Tuesday, and an ambitious program to upgrade its arms looks set to make Moscow the biggest buyer at its own show.
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Asian Stocks Rise, Gold and Swiss Franc Decline

Asian equities bounced on Monday and safe-haven assets like gold and the Swiss franc fell as market players cautiously returned to pick up bargains after last's week wild ride, though concerns over the weak global economic outlook may keep gains in check.
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Gold Prices Ease for Third Session

Gold prices eased for a third session on Monday as stock markets and cyclical assets such as industrial commodities continued to recover from a rout they suffered early last week, diverting investment away from the precious metal.

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