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Soros says U.S. bank reform good but too early

Billionaire investor George Soros on Friday said the just-passed U.S. financial overhaul bill will impose new regulations on the banking system before the banks have recovered sufficiently to cope with new restrictions on their activities.
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Soros says financial reform good but too early

Billionaire investor George Soros on Friday said the just-passed U.S. financial reform bill will impose new regulations on the banking system before the banks have recovered sufficiently to cope with new restrictions on their activities.
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Futures point to higher open after JPMorgan, data

U.S. stock index futures pointed to a higher open on Thursday as JPMorgan Chase & Co reported better-than-expected earnings and initial jobless claims fell to their lowest level in nearly two years.
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Nasdaq up, but Dow, S&P turn flat before FOMC minutes

Tech shares led the Nasdaq higher on Wednesday after Intel's strong results, but the Dow and S&P sharply trimmed gains on tepid retail sales figures and ahead of the release of the minutes from the Fed's most recent meeting.
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Oil ticks up on stocks gain in Asia

Global oil prices continued its overnight gains in Asian trade Wednesday mainly on signs of increase in fuel demand amid strong stocks and weak dollar. Light sweet crude for August delivery was seen trading at $77.19 a barrel at 11.30 a.m Singapore time while Brent crude was at $ 76.75 a barrel in London. Stock markets across Asia rose to a three-week high, following the sixth straight rally for Wall Street, led by the technology sector after chip-maker Intel results beat expectations.
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Bank sector funds seek gains after reform

JPMorgan Chase & Co, an underperformer so far this year, is one of several big banks whose shares could be poised for a revival now that U.S. financial regulatory reform is all but completed.
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Wall Street rallies on profits

Stocks rallied for a sixth straight day on Tuesday after Alcoa's quarterly results heartened investors that had fled to the sidelines on jitters about the sustainability of the economic recovery.
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Social media and the job hunt

The use of social media applications is becoming a popular tool for both employers and job seekers, especially those fresh out of college, to gather critical information and accumulate valuable contacts.
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Facebook fights New Yorker's claim of 84 percent stake

Facebook has moved to overturn a New York judge's recent order temporarily blocking any transfer of the company's assets, as the world's No.1 social networking responds to a lawsuit by a New Yorker claiming to own 84 percent of the company.
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Gold undermined by stronger dollar, weaker investment

Gold eased in Europe on Monday, falling for the fourth time in the last seven sessions, as improved investor confidence boosted the dollar and sapped investment flows into the precious metals complex. Spot gold was bid at $1,203.85 an ounce at 1440 GMT, against $1,211.85 late in New York on Friday. U.S. gold futures for August delivery eased $5.60 an ounce to $1,204.20.
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Gold retreats as dollar firms, investment wanes

Gold slipped in Europe on Monday, surrendering some of the previous session's more than 1 percent gains, as the dollar firmed and investment flows into the metal dried up as concerns over euro zone risk receded.
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Gold retreats as dollar firms and investment wanes

Gold slipped in Europe on Monday, surrendering some of the previous session's more than 1 percent gains, as the dollar firmed and fresh investment flows into the metal dried up and concern over euro zone risk receded.
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Stocks, at crossroads, turn to earnings

The U.S. stock market landed at a technical crossroads following its best week in a year, yet the potential for positive earnings surprises beginning this week could give an edge to the bulls.
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Gold rises 1.5 percent along with other commodities

Gold rose 1.5 percent to above $1,210 an ounce on Friday, alongside other commodities such as copper and oil, while underlying cautiousness in the market continued to boost its safe-haven appeal. Traders said some short-covering and momentum buying after bullion broke above the key $1,200 an ounce mark have accelerated gains, but added that they did not expect further hefty gains.

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