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Private hiring picks up, jobless claims fall

U.S. private employers stepped up hiring in June and the number of Americans filing for jobless benefits fell last week, strengthening views the economy is positioned for a pick-up in the second half.

Greece Default Would Push U.S. Mortgage Rates Higher

Greece Default: The Impact
It's a small world, after all. For U.S. readers and investors, Greece may seem like some small, exotic European country, but that could not be further from the truth. From an interest rate standpoint, if Greece defaults on its debt, U.S. interest rates, including home mortgage rates, are likely to rise.
House Majority Leader Eric Cantor, R-Va.

Eric Cantor Speaks on Government Shutdown

With less than four weeks left to work at preventing a U.S. government shutdown House Majority Leader Eric Cantor said reforms to the system must be included in any deal between the White House and congressional Republicans to show the public that Washington can handle the county's finances, The Associated Press reported.
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Consumer delinquencies tick up in first quarter

More consumers had trouble making payments on credit cards and other debts during the first three months of the year due to higher food and gas prices, an industry report said on Thursday.
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Paper says China has legal, moral right to curb rare earth

China is well within its rights, legally and morally, to limit rare earth exports, argued an article in Chinese state media on Thursday, days after the World Trade Organization ruled against China on its curbs of raw materials exports.
Casey Anthony Trial

America Hates Idea of Paying for Casey's Book, Movie: Will Casey Anthony Rake in Money?

In unofficial internet poles, comment sections, Twitter, other social media majority of US citizens despise the idea of reading a book on Casey Anthony or watching a movie based on her life story. Apparently the public can't stand Casey Anthony even as a porn star.Porn kingpin Steven Hirsch and founder of Vivid Entertainment, had offered a lucrative deal to Casey for starring in his forthcoming feature film with liberty to choose her own costars. But the public proved him wrong. Hirsch has of...
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Wall Street set to extend gains

Wall Street was set to edge up on Thursday, with a key index at its highest in seven weeks, as investors await labor market data giving indications of the recovery in the U.S. economy.
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Job Market Retreats to 2008/2009 Levels

Despite recent market volatility and unfavorable labor statistics, second quarter employee confidence over job security, pay raises and the job market has returned to levels last seen in the height of the recession.
U.S. President Barack Obama

US Military to Stop Dismissing Gays from Service

The US military was ordered a halt on the policy of discharging gay service members by the federal court on Wednesday. The order came citing the impending demise of don't ask, don't tell and the Obama administration's increasing criticism of anti-gay laws.
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NYSE shareholders seen embracing D. Boerse merger

The New York Stock Exchange, an icon of American capitalism, is expected to take a crucial step toward ceding control to a German company on Thursday, with little opposition expected from investors.
Obama talks to the audience next to Jack Dorsey during his first ever Twitter Town Hall in the East Room at the White House in Washington

Obama ‘Twitter Town Hall’ Meeting: A New Age?

President Obama tweeted today, In order to reduce the deficit, what costs would you cut and what investments would you keep? creating the first Twitter town hall meeting at the White House. Twitter followers asked about gay marriage, the Patriot Act, abortion, and war as well as who his favorite Power Ranger is.
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Asia shares drift up, euro steady before ECB

Asian shares drifted up toward a one-month high on Thursday as Chinese bank shares bounced higher on hopes of a near-term pause in policy tightening, while the euro steadied before a widely expected rate hike from the European Central Bank later in the day.
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Is New York City Weather Destroying Ancient Egyptian Obelisk?

New York City's Department of Parks and Recreation is attempting to answer that question this summer, as it conducts a weathering study of Cleopatra's Needle, which was gifted to the United States government by Egypt as a token to commemorate the opening of the Suez Canal. The obelisk has stood in Central Park since 1881, the New York Times reported.

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