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The last time the Nasdaq was this high, Bill Clinton was president, Microsoft dominated the tech world and the iPod, iPhone and iPad didn't exist.
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Consumer spending drops 0.2 percent in January

Martin Crutsinger, Associated Press  |  posted 14 minutes ago
U.S. consumers spent less for a second consecutive month in January, but the weakness came from a big decline in gas prices. Excluding price changes, consumer spending was up in January and analysts expect strong income gains will fuel further solid increases in spending in the months ahead.
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Bill Gates repeats at top of Forbes' list of billionaires

The Associated Press  |  posted 20 minutes ago
The world's richest person got even richer this year. And a basketball superstar-turned-owner made the list for the first time.
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University president tapped to head Philadelphia Fed

Martin Crutsinger, Associated Press  |  posted 55 minutes ago
The head of the University of Delaware has been selected to be the new president of the Federal Reserve Bank of Philadelphia.
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Morgan Stanley expects lawsuit from NY Attorney General

The Associated Press  |  posted 14 minutes ago
Morgan Stanley, which agreed to a $2.6 billion settlement with the federal government last week, says it expects to be sued by New York Attorney General Eric Schneiderman over subprime mortgage bonds.
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Philadelphia Fed selects U of Delaware president as new CEO

The Associated Press  |  posted 14 minutes ago
The president of Delaware's largest university is stepping down to take the helm at the Federal Reserve Bank of Philadelphia.
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Wisconsin Assembly committee takes up right-to-work bill

The Associated Press  |  posted 14 minutes ago
Testimony has begun at a public hearing on Wisconsin's right-to-work bill, after the measure rapidly passed the Senate last week.
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Prosecutors could charge Alzheimer's patient after exam

The Associated Press  |  posted 24 minutes ago
Prosecutors will not file charges against an 87-year-old Alzheimer's patient accused of killing his roommate at an assisted living facility until they know if he is competent to stand trial.
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Norfolk Southern names James Squires as CEO

The Associated Press  |  posted 24 minutes ago
Norfolk Southern named company President James Squires as its next CEO, the railroad company said Monday.
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New FDA official inherits raft of projects, challenges

Matthew Perrone and Michael Felberbaum, Associated Press  |  posted 34 minutes ago
One of the nation's leading medical researchers joined the Food and Drug Administration on Monday, taking on the agency's No. 2 leadership job at a critical juncture for prescription drugs, medical devices and tobacco products.
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HP's big deal: Tech giant buys Aruba Networks for $2.7B

Brandon Bailey, Associated Press  |  posted 34 minutes ago
Hewlett-Packard is buying wireless networking company Aruba Networks for about $2.7 billion, in what amounts to HP's first major acquisition since its disastrous purchase of a British software company in 2011.
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Lawmaker wants to reduce "protectionism" for car dealerships

The Associated Press  |  posted 44 minutes ago
A Spanish Fork lawmaker hopes to amend a law regulating car dealerships that some cities say amounts to protectionism.
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Spain: 3rd bailout for Greece being mulled for up to $56B

Alan Clendenning, Associated Press  |  posted 45 minutes ago
Eurozone nations are negotiating a third bailout for financially strapped Greece that would give the country as much as 50 billion euros ($56 billion), Spanish Economy Minister Luis de Guindos said Monday.
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Jindal budget links college financing to uncertain proposals

Melinda Deslatte, Associated Press  |  posted 55 minutes ago
After months of worry that Louisiana's colleges would face steep cuts next year, campuses remain in a precarious position with the release of Gov. Bobby Jindal's budget.
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Paula Deen reaches book distribution deal with Hachette

The Associated Press  |  posted 55 minutes ago
Paula Deen has found a new publishing home.
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Sports betting contest expands reach with satellite tourneys

The Associated Press  |  posted 55 minutes ago
A Las Vegas-based pro football sports betting contest is aiming to expand its reach much like the World Series of Poker did by offering free satellite tournaments.
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