UNITED STATES

Online jobs index dips in July, gains from year ago

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A gauge of online labor demand in the United States grew in July compared to a year earlier, but dipped on a monthly basis as the need for employees slowed in the summer months, a private research group said on Friday.
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China should let yuan float: former central bank adviser

China should let the yuan float as soon as possible to halt a further build-up of China's foreign exchange reserves and avoid destructive losses in its dollar investments, a former central bank adviser said in comments published on Friday.
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Key quotes from Japan policymakers on yen, economy

Japanese Finance Minister Yoshihiko Noda on Friday repeated that he was closely watching yen moves, signalling Tokyo's readiness to continue with its yen-weakening intervention that media said reached a record 4 trillion yen ($50.6 billion).
Tropical Storm Emily

Emily breaks up over Haiti, still threatens rains

Tropical Storm Emily broke apart over the mountains of Haiti and Dominican Republic on Thursday but its remnants still packed rains threatening flash floods and mudslides in the neighboring Caribbean countries.
U.S. Debt Ceiling

Senate Leaders Reach Deal to Resolve FAA Shutdown

There is an extension to allow the FAA to tap available funds in a federal trust account funded by ticket taxes to cover some of the agency's costs. The temporary extensions aim to bridge the gap to a long-delayed bill still being negotiated on long-term FAA budgeting and aviation priorities.
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Priceline profit higher as bookings jump

Online travel agency Priceline.com on Thursday posted a higher quarterly profit that topped analysts' expectations as strong growth at its overseas markets boosted bookings.
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Fluor profit beats estimates, shares rise

Fluor Corp (FLR.N), the largest publicly traded U.S. engineering company, posted unexpected second-quarter profit growth and said its backlog of work surged to a new record, lifting its stock by 7 percent.
Traders work on the floor of the New York Stock Exchange

Dow Declines 512 Points, Zaps Investor Confidence

Fears of a new recession caused the stock market to take a deep plunge on Thursday making it the worst day since the financial crisis in 2008. The Dow Jones industrial average declined 512.76 points, or 4.13 percent, closing at 11, 383.68.
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Brazil auto market picks up again in July

Automobile production in Brazil rose 3.9 percent BRAOPM=ECI and sales increased 0.6 percent BRASLM=ECI in July from June, the national automakers' association said on Thursday.
CNN host Piers Morgan

UK lawmakers pressure Piers Morgan on hacking claims

British lawmakers called on Thursday for CNN talk show host and former tabloid editor Piers Morgan to return to his native Britain to answer questions about phone-hacking after allegations made by the ex-wife of former Beatle Paul McCartney.
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Total Fear in Market Since 2008 Recession

Investors fled Wall Street in the worst stock-market selloff since the middle of the financial crisis in early 2009 in what has turned into a full-fledged correction.The Dow and the S&P tumbled more than 4 percent on Thursday and the Nasdaq lost 5 percent on fear the United States is staring at another recession and that Europe's sovereign debt crisis is swallowing two of its largest economies.
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Congress reaches deal to end aviation standoff

Congressional leaders struck a deal on Thursday to resolve a partisan dispute and end a partial shutdown of the Federal Aviation Administration that has halted airport projects and threatened thousands of jobs.

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