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As economy recovers, companies increase buybacks (AP) (Jun-14, 18:11 EDT )-- AP - More companies are announcing stock repurchase programs this year than last.
With Massive Stimulus Waning, Expansion Faces Fiscal Riptide (Investor's Business Daily) (Jun-14, 18:11 EDT )-- Investor's Business Daily - The other side of stimulus is upon us. After a decade-long descent into a deep fiscal valley, the U.S. economy has begun the first leg of a daunting climb, relying on muscles that are weak from disuse.
Clinton: Africa must launch tough economic reforms (Reuters) (Jun-14, 16:58 EDT )-- Reuters - African nations must stop seeking handouts and begin tough structural reforms, especially on trade, if they truly want to improve their economies, Secretary of State Hillary Clinton on Monday.
Dollar slips against euro as economic hopes rise (AFP) (Jun-14, 16:50 EDT )-- AFP - The dollar slipped against the euro Monday as renewed confidence in the global economic recovery lured investors away from the relative safety of the US currency.
A look at global economic developments (AP) (Jun-14, 16:00 EDT )-- AP - A look at economic developments and activity in major stock markets around the world Monday:
Rates on Treasurys hit lowest level since January (AP) (Jun-14, 15:21 EDT )-- AP - Interest rates on short-term Treasury bills fell in Monday's auction to the lowest levels since late January.
PSU drilling study questioned over industry tie (AP) (Jun-14, 15:14 EDT )-- AP - A Penn State study that paints a rosy forecast on the economic potential of natural gas drilling has been greeted with skepticism from a citizens' group and a think tank that favors a severance tax largely because the research was funded by an...
Copper climbs on signs of European growth (AP) (Jun-14, 15:11 EDT )-- AP - Copper prices rallied for a fifth day Monday after a new report showed Europe's economy might not be hurting from mounting deficits as much as previously thought.
BP made series of 'shortcuts' on oil well, House Democrats say in letter (Jun-14, 14:57 EDT )-- For the sake of saving time and drilling costs on its ill-fated exploration well, BP took "shortcuts" that led to the oil spill disaster that will end up costing the oil giant billions of dollars in cleanup and compensation costs, according to a letter...
These 3 Families Paid Off $373,000 (The Motley Fool) (Jun-14, 13:56 EDT )-- The Motley Fool - It's easy to get discouraged when your financial big picture is drenched in red ink -- especially if you stop to calculate how much you're paying just for the interest on your debt. Phil Gardner did just that a few years ago, and...
Afghan mineral wealth could top $1 trillion: Pentagon (Reuters) (Jun-14, 13:33 EDT )-- Reuters - Untapped mineral deposits in Afghanistan may be worth more than $1 trillion, a finding that could reshape the country's economy and help U.S. efforts to bolster the war-battered government, a Pentagon spokesman said on Monday.
Holdouts on strike at Chinese Honda components factory are quickly replaced (Jun-14, 12:50 EDT )-- ZHONGSHAN, CHINA -- Striking workers at a Honda components factory in southern China have learned the hard way that they are replaceable, after the Japanese carmaker spelled out a take-it-or-leave-it pay settlement and wrapped up a recruiting drive. ...
Fed will take its time before exit: SF Fed paper (Reuters) (Jun-14, 12:06 EDT )-- Reuters - The U.S. Federal Reserve's exit from its ultra-low interest rate policy will take a "significant period" of time, a San Francisco Fed economist said in a paper published on Monday.
Honda China strike could spur broader worker demands (Reuters) (Jun-14, 10:08 EDT )-- Reuters - A strike at a Honda Motor parts supplier in China could augur broader demands across China's vast manufacturing belt as workers seek a bigger piece of the nation's growing economic wealth.
Federal Student Loans Get Cheaper, Easier (U.S. News & World Report) (Jun-14, 09:50 EDT )-- U.S. News & World Report - Because states have been cutting back on scholarships while hiking tuition, more students are having to borrow to fund college. Luckily, at least some federal student loans are getting cheaper, easier to get, and easier to...
Pickup sales picking up and economy hitches a ride (AP) (Jun-14, 09:44 EDT )-- AP - If you want a hint about the economic recovery, follow that truck.
Federal Student and Parent Loans Are Getting Cheaper and Easier (U.S. News & World Report) (Jun-14, 09:34 EDT )-- U.S. News & World Report - Now that the hype surrounding the government's overhaul of the scandal-tinged federal student loan program has settled, students and parents seeking loans for the 2010 academic year are getting some surprisingly good news:...
UK fiscal watchdog cuts growth, borrowing outlook (Reuters) (Jun-14, 08:08 EDT )-- Reuters - Britain's newly created budget watchdog downgraded economic growth forecasts on Monday but did not radically alter the scale of austerity measures required from the country's coalition government.
Fed's Bullard says strong global recovery under way (Reuters) (Jun-14, 07:59 EDT )-- Reuters - A strong global economic recovery is under way, and is unlikely to be thrown off course by European debt woes or the improbable event of the bursting of an asset bubble in China, a top Federal Reserve official said on Monday.
Obama steps up push for added economic stimulus (Reuters) (Jun-14, 07:53 EDT )-- Reuters - President Barack Obama and his aides are stepping up a push for further government spending to boost the economy as signs grow of the recovery's fragility.
Honda China strike could spur broader worker demands (Reuters) (Jun-14, 07:47 EDT )-- Reuters - A strike at a Honda Motor parts supplier in southern China could augur broader demands across China's vast manufacturing belt as workers seek a bigger piece of the nation's growing economic wealth.
Fed official says US economy too weak for rate hike (AFP) (Jun-14, 06:31 EDT )-- AFP - The US economy's recent recovery is not yet strong enough to trigger an increase in interest rates, a Federal Reserve official said Monday.
US, Japan surveys bring optimism to Asian markets (AFP) (Jun-14, 05:38 EDT )-- AFP - Asian stock markets rose on Monday as investors took their cue from surveys out of the United States and Japan that show growing optimism about the state of the global economy.
AXA in talks to sell British units (AFP) (Jun-14, 02:43 EDT )-- AFP - French insurer AXA is in talks with British rival Resolution on a 3.3-billion-euro (4-billion-dollar) deal to sell its life insurance and savings businesses in Britain, the French company said on Monday.
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