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PRECIOUS-Gold edges lower on stronger dollar, stocks
ReutersSINGAPORE, May 24 (Reuters) - Gold edged lower on Friday as the dollar and equities regained momentum after a volatile trading session the day before, and as holdings in bullion-backed exchange-traded funds fell to fresh four-year lows. FUNDAMENTALS *...Tags: Economic Indicator, Consumer Confidence, Ben Bernanke, Business Enterprises, Germany
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NYMEX-Oil prices slip towards $94 on China data, Fed concerns
ReutersPERTH, May 24 (Reuters) - U.S. crude futures dropped to around $94 a barrel on Friday after disappointing China data and on lingering concerns the U.S. Federal Reserve would curb its stimulus programme. FUNDAMENTALS * The U.S. July oil futures...Tags: Consumer Confidence, Central Bank, BP Plc, Germany, Petroleum Industry
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If this health plan is 'socialism,' we need more of it
So this is what socialism looks like: Private companies competing for people's business in an open marketplace. Californians got their first glimpse Thursday of what insurers plan to charge for coverage to be offered next year to about 5 million state...
Tags: Health Care Reform (2009), Health Insurance, Macy's, Health Insurance Cost, Insurance
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California's new health marketplace picks plans to offer coverage in 2014
Contra Costa TimesWALNUT CREEK, Calif. In another major step toward national health reform, California on Thursday unveiled a list of insurers who will offer coverage through the state's new health exchange marketplace, providing the first glimpse into plans and prices for...Tags: Prescription Drugs, Insurance, Walnuts, Aetna Inc., Drugs and Medicines
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Myanmar's kyat currency slumps as imports flood in
ReutersBy Aung Hla Tun and Jared Ferrie YANGON, May 24 (Reuters) - Myanmar's currency has plunged more than 7 percent over the past month to the lowest since it was floated last year, raising concern about economic stability in Asia's newest democracy. The...Tags: Central Bank, Money and Monetary Policy, International Organizations, Foreign Exchange Market, Currency Values
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METALS-Copper inches up but China woes drag on demand outlook
ReutersSINGAPORE, May 24 (Reuters) - London copper futures edged higher on Friday after falling the most in three weeks the session before on signs that growth had stalled in top consumer China. But gains after Thursday's more than 3-percent slide will likely be...Tags: Consumer Confidence, Economic Indicator, Central Bank, Hewlett-Packard Co., Germany
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German consumers more likely to spend - GfK
Reuters* Index reaches 6.5 in June, highest since Sept 2007 * Income expectations gain amid industry's hefty wage deal * ECB seen behind historic low propensity to save money By Christiaan Hetzner BERLIN, May 24 (Reuters) - Higher real wages have German...Tags: Siemens, Economy, Business and Finance, Science and Technology, Money and Monetary Policy, European Central Bank
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ChannelAdvisor soars in debut
Reuters(Reuters) - ChannelAdvisor Corp shares soared more than 40 percent in their market debut on Thursday as investors bet the e-commerce software company will benefit from the rapid global spread of online buying and selling. The company's shares opened up...Tags: Computing and Information Technology Industry, eBay Inc., Google Inc., Marketing, Stock Market
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INTERVIEW-Angie's List eyes 'year of transition' as cashflow turns positive
Reuters* Ratings website operator expects first positive cashflow in 2013 * CEO says 2014 could yield the company's first net profit * Company reduces spending on marketing * Rejects short-seller's criticism of business model By Chandni Doulatramani and...Tags: Consumer Confidence, Advertising, Marketing, Yelp, Inc., Business Enterprises
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California picks 13 health plans for state-run insurance market
After weeks of negotiations, California said it has selected 13 health plans for a new state-run insurance marketplace where as many as 5 million people will shop for coverage next year. Officials at Covered California, the state agency implementing the...
Tags: Health Insurance, Marketing, Crime, Law and Justice, Molina Healthcare Incorporated, Insurance
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U.S. House votes to tie student loan rates to market
ReutersBy Elvina Nawaguna WASHINGTON, May 23 (Reuters) - The Republican-dominated U.S. House of Representatives on Thursday voted to switch federal student loan interest rates to a market-based system. Republicans say their plan is a long-term solution that...Tags: Economy, Business and Finance, Washington, DC, Barack Obama, Money and Monetary Policy, U.S. Senate
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JPMorgan names Barry Sommers to head consumer bank
Reuters(Reuters) - JPMorgan Chase said it has appointed Barry Sommers, under whom the bank expanded its services to wealthy clients, to head its Chase consumer bank business. Sommers, 44, who previously served as chief executive of the bank's wealth...Tags: Politics, JPMorgan Chase & Co., Personal Data Collection, Interior Policy, Stock Market
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