Featured Topics
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Financials
U.S. stocks halt five-day slide after November jobs report
U.S. stocks advanced, halting a five-day slide for the Standard & Poor’s 500 Index, as investors weighed better-than-forecast jobs growth to gauge the strength of the economy and timing of Federal Reserve stimulus cuts.
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ETFs
Stocks risk a bubble by pushing too high, too fast
The stock market could use a healthy correction soon, before prices start rising at an unsustainable pace.
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Forex
Dollar rises vs. yen as U.S. jobs gain shapes Fed speculation
The dollar gained versus the yen after a report showed the U.S. added more jobs last month than forecast, signaling the Federal Reserve may reduce monetary stimulus that’s seen as debasing the currency.
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Regulations
Ex-Goldman trader gets nine months for concealing loss
Former Goldman Sachs Group Inc. trader Matthew Taylor was sentenced to nine months in prison for concealing an unauthorized $8.3 billion trading position in 2007, which caused the bank to lose $118 million.
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