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Business News
US stocks move higher, led by gains in energy companies
Encouraging economic data on housing and consumer spending helped drive U.S. stocks sharply higher in midday trading Monday. Energy stocks were among the biggest gainers, bucking a slide in the price of crude oil. Expectations that any increase in the Federal Reserve's key interest rate this year will be gradual also helped lift the market....
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Small investors blame bad advice from brokers for big losses
NEW YORK (AP) -- Susan Bernardo trusted her stockbroker. She wound up losing a fortune....
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Markets snap higher at midday, led by gains in energy stocks
NEW YORK (AP) -- Stocks indexes are climbing sharply at midday following some encouraging news on consumer spending and home sales....
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Business forecasters boost 2-year outlook for US economy
A business economics group has boosted its outlook for U.S. economic improvement this year and next, particularly for job growth....
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UnitedHealth bulks up for prescription drug cost battle
The nation's largest health insurer, UnitedHealth, will muscle up for its fight against rising prescription drug costs by spending more than $12 billion to buy pharmacy benefits manager Catamaran Corp....
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