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U.S. Stock Market

U.S. Stock Market: After a Wild Week, What?s Next?

After a week of gyrations that's seen the Dow Jones Industrial Average rise or fall 400 points for four straight days, it's understandable if U.S. investors are bewildered. Given the tumult, what stance should investors adopt now?

Short-Selling Ban Spurs Tentative Recovery

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European stock markets rallied on Friday as a ban on the short-selling of financial shares tempted investors back into the battered banking sector, although concerns over the health of French banks kept the mood edgy and trading remained volatile.
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Vampire Bat

Vampire Bat Induced Human Rabies Kills Teenager in US

A Mexican teenager is the first officially known person to die from vampire bat bite and infection with human rabies. The 19-year-old victim was a migrant farm worker from Michoacan, who got bitten on the heel by a vampire bat in July.
Tour de France winner Evans is congratulated by fans as he rides through the streets of Melbourne during an official homecoming ceremony

Aussies hail Evans as Tour champ rides into town

Yellow-clad fans in their thousands thronged Melbourne's city center on Friday to hail Cadel Evans as Australia's first Tour de France champion took a ceremonial ride into town after returning from Europe.
Elizabeth Warren

Consumer advocate Warren to decide Senate run soon

Former Obama administration official Elizabeth Warren will make a decision after Labor Day on whether to run for the U.S. Senate in Massachusetts against Republican incumbent Scott Brown, a Massachusett Democrat assisting her said on Thursday.
The Standard and Poor's building is seen in New York

SEC investigating S&P's downgrade of U.S. debt: report

The U.S. Securities and Exchange Commission (SEC) has asked rating agency Standard & Poor's (S&P) to disclose which employees knew of its decision to downgrade U.S. debt before it was announced last week, the Financial Times said, citing people familiar with the matter.
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German Court Sets Samsung, Apple Hearing

Korean company Samsung Electronics will go to a German court on August 25 to try to overturn a ban on it selling flagship Galaxy tablets in most of the European Union.
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Short-selling ban fails to banish euro fears

European stock markets struggled early on Friday as a ban on short-selling of financial sector shares failed to put a lid on concerns over banks and the spread of the euro zone's debt crisis to France.
A pedestrian walks past the Cisco logo at the technology company's campus in San Jose

Cisco bulls may underestimate tough road ahead

Cisco Systems Inc (CSCO.O) still faces tough challenges with tight public spending and fears of a new economic downturn, analysts warned, after the giant Silicon Valley company ended a year's worth of disappointing sales forecasts.
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Two states sue BNY Mellon over FX trades

Bank of New York Mellon (BK.N) was sued by two U.S. states on Thursday over allegations that the company overcharged pension funds on foreign exchange transactions.
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Factbox: U.S. Municipal Bankruptcies

In the wake of the 2007-2009 economic recession, investors in the $3.7 trillion U.S. municipal bond market have been rattled by predictions of possible bankruptcies.
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Cisco beats estimates, stock jumps

Cisco Systems Chief Executive John Chambers gave Wall Street a set of quarterly results investors could cheer about for the first time in over a year.
One kilogram gold bars are seen in this picture illustration

Spot gold reverse early losses on econ worries

Spot gold reversed early losses, putting it back on track for its best week since January 2009 as worries about the euro zone debt crisis and global growth drive investors to safe havens.
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Phone hacking in focus at Trinity Mirror's results

British newspaper publisher Trinity Mirror will report first-half results on Friday and give an update on current trading expected to show a benefit from the closure of rival News Corp's News of the World.

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