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Business News
Almost half of US households exhaust their salaries
WASHINGTON (AP) -- The Federal Reserve has declared economic growth "solid." But several new reports show most Americans are treading along a dangerous financial tightrope, where one slip could be devastating....
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For traders, oil's plunge takes a toll on egos and accounts
NEW YORK (AP) -- The plunge in oil has crushed the Russian ruble, erased $80 billion from Exxon Mobil's market value and pushed Venezuela to the brink of economic collapse....
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Alibaba adjusted profit tops estimates, revenue disappoints
NEW YORK (AP) -- Chinese e-commerce powerhouse Alibaba's Group reported adjusted fourth-quarter earnings that beat expectations as its user base continued to grow and shoppers bought more on mobile phones....
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US pending home sales tumble in December
WASHINGTON (AP) -- Fewer Americans signed contracts to buy homes in December, a sign that low mortgage rates have yet to coax more buyers into the market....
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Average US rate on 30-year mortgage rises to 3.66 pct.
WASHINGTON (AP) -- Average long-term U.S. mortgage rates rose slightly this week after four straight weeks of declines, while remaining near historically low levels....
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Poll
Because we haven't asked in a while, how would you characterize this winter so far?
  Worse than normal!
  Pretty typical.
  Better than normal!
 
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