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FOREX-Euro falls broadly as Greece deal offers few details

The euro fell against the dollar on Thursday as investors were disappointed with the lack of details regarding a European Union deal to support heavily-indebted Greece. The euro zone currency also dropped against the yen and sterling after European leaders sought to prop up Greece with words of support at a summit on Thursday, but failed to make concrete pledges, describing the promise of support as a political statement.

Business Council CEO survey finds U.S. hiring wariness

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Top U.S. executives say their companies are moving out of the defensive position they adopted during the recent worldwide downturn and are aggressively planning to grow, according to the latest semiannual survey by the Business Council.

Trade gap rises in December to $40.2 billion

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The U.S. trade deficit widened unexpectedly in December to $40.2 billion, fueled by the highest oil prices and oil imports since October 2008, the Commerce Department said on Wednesday.
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Travel Postcard: 48 hours in Miami

The palm-fringed Art Deco hotels and glitzy Ocean Drive familiar from the movies and fashion magazines are actually across Biscayne Bay on the island of Miami Beach, so stay at a hotel in the South Beach neighborhood where a lot of the fun is an easy walk away.
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Obama's YouTube interview(video+text)

President Barack Obama participated in a YouTube interview at 1:45 p.m. on Monday to answer questions submitted by YouTube users during and after the State of the Union.
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Obama takes retooled agenda on road after speech

President Barack Obama vowed on Thursday he would not rest until U.S. businesses were hiring again, as he took his recast agenda on the road and sought to dig out of his deepest political rut since taking office.
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NASA gets more $6 Mln in 2010 funding

NASA is set to receive a $6 billion fund injection over the next five years in a bid for ocompanies to develop rockets capable of taking astronauts to the International Space Station.
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US steel producers in a spot over price hike

At a time when India's steel industry is slowly rising prices, its counterparts in the US are struggling to do the same as the production costs have gone up. But, the US steel industry is very skeptical about the prices rise as the demand for steel is yet to pick up properly in the country. Even as India and China are witnessing a major surge in demand for steel, the US industry is still slowly picking up pace.
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Lawmakers turn up heat on Geithner over AIG

U.S. lawmakers on Wednesday challenged Treasury Secretary Timothy Geithner's credibility after he said he was not involved with AIG's decision to withhold details on $62 billion the bailed-out insurer paid to banks.
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Twitter cuts feature on site over security flaw

Twitter has temporarily disabled one of the features on its website after a security researcher warned of a programing flaw that left the login credentials of its users vulnerable to hackers.
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Twitter users vulnerable to security flaw

A flaw in Twitter's website has left the login credentials of its users vulnerable to hackers, according to a security researcher who has asked the social media company to fix the problem.
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Cruising on the Carnival Pride Resort Ship

Once you board the majestic Carnival Pride resort ship, you are in the world of pleasure. For the next seven days, there is nothing to worry about. You are pampered and well fed. Exotic destinations wait for you to explore. And, most of all, you will not be bored.
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FDIC geared up for busy year of bank failures

The U.S. agency charged with dismantling or selling off failed banks said it is equipped to deal with what it sees as a busy 2010, according to remarks to be delivered before Congress on Thursday.
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U.S. 2009 foreclosures shatter record despite aid

U.S. foreclosure actions shattered all records in 2009 and will do so again this year, with unemployment and wage cuts overcoming programs to remedy failing home loans, RealtyTrac said on Thursday.
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UBS whistleblower in prison, court rules on files

The chief whistleblower in the UBS AG tax secrecy probe entered prison to serve a sentence he considered unfair, hours after a Swiss court ruled the bank should not have been forced to turn over client files to government investigators.

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