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The stock market headed lower in midday trading Friday, putting it on track for its first weekly loss in a month.
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Comeback for JC Penney? Wyoming town watches carefully

John Hollenhorst  |  posted 33 minutes ago
One of the best-known companies in American retailing is fighting for survival. No place is watching the drama with more concern than the town of Kemmerer, Wyo.
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Oil falls below $94 on weak outlook for demand

The Associated Press  |  posted 35 minutes ago
The price of oil was knocked below $94 a barrel Friday by a combination of ample supplies and lukewarm demand.
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Stocks head lower, market headed for a weekly loss

The Associated Press  |  posted May 24th - 9:47am
The stock market is heading lower in midday trading, putting it on track for its first weekly loss in a month.
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Stocks open lower, market headed for a weekly loss

The Associated Press  |  posted May 24th - 7:48am
Stocks are opening lower on Wall Street, putting the market on track for its first weekly loss after four weeks of gains.
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US durable goods orders rise 3.3 percent in April

Martin Crutsinger, Associated Press  |  posted May 24th - 7:25am
U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment. The gains suggest economic growth may be holding steady this spring.
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Some unions now angry about health care overhaul

Sam Hananel, Associated Press  |  posted May 24th - 7:14am
When President Barack Obama pushed his health care overhaul plan through Congress, he counted labor unions among his strongest supporters.
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Futures slide; markets appear headed for down week

Associated Press  |  posted May 24th - 6:10am
Stock futures are sinking and it appears major U.S. indexes are heading for a down week roiled by corporate earnings, good and bad, and confusion about what the Fed will do next.
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Procter & Gamble brings back A.G. Lafley as CEO

Mae Anderson, Associated Press  |  posted May 24th - 5:59am
Household products giant Procter & Gamble Co. is hoping its former CEO can work his magic once again.
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Summer travel forecast: Better, but no blowout

Scott Mayerowitz and Jonathan Fahey, Associated Press  |  posted May 24th - 4:15am
The forecast for summer travel, 2013: Partly sunny.
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Japan's PM Abe defends policies as markets settle

Elaine Kurtenbach, Associated Press  |  posted May 24th - 12:50am
Japan's top leaders are defending the economic strategies championed by Prime Minister Shinzo Abe, though the central bank chief acknowledged a need for better communication with financial markets, a day after Tokyo shares suffered their worst loss since the 2011 tsunami disaster.
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At a glance: Memorial Day gasoline prices

The Associated Press  |  posted May 24th - 9:42am
The average price of a gallon of gasoline is about the same as it was last year at this time, and could be slightly cheaper by Monday. But it's more than double what it was in 2000. Here's how the price of gasoline on Memorial Day has changed since then, according to GasBuddy.com.
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Slovenia adopts debt cap to stave off crisis

Ali Zerdin, Associated Press  |  posted May 24th - 8:36am
Slovenia's parliament on Friday adopted a cap on public spending to try to convince foreign investors that the small eurozone country will not need an international bailout.
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China gives US regulators access to audit records

Associated Press  |  posted May 24th - 8:32am
China has agreed to give U.S. regulators access to audit records for Chinese companies whose shares trade on U.S. stock exchanges, a step forward in a long-running dispute.
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Report: France backs off caps on CEO pay

Associated Press  |  posted May 24th - 3:38am
France's finance minister says the government is no longer planning to cap executives' salaries in the private sector, amid concerns it is antagonizing the big businesses needed to reinvigorate the economy.
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German business confidence unexpectedly rebounds

Geir Moulson, Associated Press  |  posted May 24th - 3:27am
German business confidence rebounded this month in an unexpectedly strong showing that sends a hopeful signal for more robust growth in Europe's biggest economy, a closely watched survey found Friday.
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