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With job spurt, US economy races ahead of Europe - Channel NewsAsia


US targets Iran economy with tough new sanctions - News-Sentinel


Labor Department Report: Latinos Filled 60 Percent Of All New Jobs In 2011, Benefitting From U.S. Economy Gains - Huffington Post


US Stocks at Multiyear Highs on Jobs, Data - The Epoch Times


Expect more inflows if US economy continues improving: Ketul Sakhpara, EQC Funds - Economic Times


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Europe's debt rose to 82 percent of output at end-Q3 (Reuters)
Reuters - The European Union's total government debt rose slightly to 82.2 percent of economic output in the third quarter of 2011, the EU's statistics agency said on Monday, lower than the United States but still a burden that could take decades to pay down.
Dozens of Washington DC workers probed in benefits fraud (Reuters)
Reuters - About 130 Washington DC municipal employees may have scammed the city by collecting jobless benefits while still at work, the District of Columbia said on Monday, in the latest scandal to hit the local government.
Washington D.C. workers probed in benefits fraud (Reuters)
Reuters - About 130 municipal employees in Washington, D.C. may have scammed the city by collecting jobless benefits while still at work, officials said on Monday, in the latest controversy to hit the local government.
President's Economic Influence Isn't Limited -- Obama Just Misuses It (ContributorNetwork)
ContributorNetwork - COMMENTARY | Some would have us believe the president plays a much smaller role in determining what our economy does than most people believe. I think Americans believe the president has a lot of actual power to correct the economy, and that assumption is incorrect. But many chief executives have used the Oval Office to manipulate change and foster growth that isn't specifically empowered to the presidency.
German industrial orders buoyed by global demand (AP)
AP - The German government says strong demand from outside the eurozone helped the country's industrial orders rise a stronger-than-expected 1.7 percent in December.
Deeper Iran sanctions; US targets its central bank (AP)
AP - Targeting Iran's economy, the U.S. ordered tough new penalties Monday to further pinch the country's financial system and encourage Israel to give sanctions more time before any military action against Iran's nuclear program.
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U.S. Taxes U.S. Dollar

U.S. Justice Department indicts Swiss bank Wegelin
The United States indicted Wegelin, the oldest Swiss private bank, on charges that it enabled wealthy Americans to evade taxes on at least $1.2 billion hidden in offshore bank accounts, the U.S. Justice ...
Swiss Bank Wegelin Charged With Helping U.S. Clients Evade Taxes
Wegelin & Co., the 270-year-old private bank, became the first Swiss lender to face criminal charges in a broadening U.S. crackdown on offshore firms suspected of helping Americans evade taxes.
U.S. Justice Department Indicts Swiss Bank Wegelin on Counts of Helping Americans Evade Taxes
The United States indicted Wegelin, the oldest Swiss private bank, on charges that it enabled wealthy Americans to evade taxes on at least $1.2 billion hidden in offshore bank accounts, the U.S. Justice Department said on Thursday.
Poll: Corporations dodge taxes
WASHINGTON, Feb. 6 (UPI) -- Small U.S. business owners are unhappy with the amount of taxes large corporations and their executives pay, a recent survey indicates.
Julius Baer Slides as Bank Expects U.S. Tax Fine: Zurich Mover
Julius Baer Group Ltd., the Swiss wealth manager founded in 1890, fell the most in three months in Zurich trading after saying it expects to pay a fine to resolve tax matters with the U.S. and as profit declined 27 percent.
Baer Says It Has Resources for U.S. Tax Matter as Net Drops 27%
Julius Baer Group Ltd., the Swiss wealth manager founded in 1890, said it will probably have to pay a fine to resolve tax matters with the U.S. after full-year profit declined 27 percent.
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Dollar up as Greece deal delayed further
The U.S. dollar rises as Greece once more scrambles to strike an agreement with international creditors.
U.S. data boosts equities, dollar
By Luciana Lopez NEW YORK (Reuters) - Major stock indexes closed on Friday at highs not seen in months, with the Nasdaq reaching the highest in 11 years, while the dollar rose against the yen as a jump ...
As Pressure Heats Up on Greece, US Dollar Trades Higher
The U.S. dollar is trading higher against all of the major currencies this morning but its strength has more to do with the latest troubles in Greece than Friday's better t
Asia Stocks Climb on U.S. Jobs Data; Euro Drops on Debt Concern
Asian stocks extended last week’s rally as consumer companies led gains after higher-than-expected U.S. jobs growth. The euro weakened against most of its 16 major peers as Greek leaders worked on a funding agreement.
Americans Gaining Energy Independence With U.S. as Top Producer
The U.S. is the closest it has been in almost 20 years to achieving energy self-sufficiency, a goal the nation has been pursuing since the 1973 Arab oil embargo triggered a recession and led to lines at gasoline stations.
U.S. data boosts dollar, stocks
By Luciana Lopez NEW YORK (Reuters) - Stocks jumped and the dollar climbed on Friday as a surge in U.S. job creation fueled investor optimism about the world's biggest economy. The January jobs report ...
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Snapshot for SPDR Dow Jones International Real Estate ETF (RWX)
No chart data available. SPDR Dow Jones International Real Estate ETF is an exchange-traded fund incorporated in the USA. The Fund's objective is to track as closely as possible, before fees and expenses, the total performance of the Dow Jones Global ex-U.S. Select Real Estate Securities Index.
Correction: BC-CB--Turks and Caicos-Private Island
In a story Feb. 1 about a court judgment against U.S. real estate developer Tim Blixseth over the Turks and Caicos Islands' claim he failed to pay sufficient tax on the purchase of a small island, The Associated Press reported that an attorney for Blixseth will file a lawsuit against another party in the transaction, Gary Di Silvestri. A spokesman ...
U.S. says Credit Suisse traders falsified subprime books
By Grant McCool NEW YORK (Reuters) - Several former Credit Suisse traders manipulated the books on mortgage-backed securities when the U.S. real estate market slumped in 2007 and 2008, a former London-based ...
Orlando area's home-price rebound proves spotty
Orlando was hailed last week as one of the biggest "turnaround towns" in the U.S. for residential real estate last year, but a new analysis of local home sales shows some areas are turning faster than others.
Real estate: Investing in the U.S.
Western Canadians are flocking to the Southwest but not all deals are created equal
Home Prices in 20 U.S. Cities Fell 3.7% From Year Ago, Case-Shiller Says
Residential real estate prices fell more than forecast in November, showing distressed properties are hampering improvement in the U.S. housing market.
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Asian stocks rise after US unemployment falls
Asian stock markets climbed Monday after U.S. unemployment fell to its lowest in three years, suggesting a stronger recovery in the world's No. 1 economy that could benefit the region's exporters.
U.S. and Manufacturing Employment Jumps Higher in January
According to Bureau of Labor Statistics, U.S. employment numbers jumped significantly higher in January, with unemployment rate dropping to 8.3%. Nonfarm payrolls grew by 243,000, and manufacturers added 50,000 net new workers. These numbers continue to affirm the rebound and importance of manufacturing to economic recovery. Looking specifically at January 2012 figures, the bulk of new jobs in ...
Is The U.S. Leading the Global Economy Out of a Downturn?
Interested in investing in companies that could benefit from this turnaround in growth?
Farmers Plan Biggest U.S. Crop Boost Since 1984, Led by Corn: Commodities
U.S. farmers will plant the most acres in a generation this year, led by the biggest corn crop since World War II, taking advantage of the highest agricultural prices in at least four decades.
Asian Stocks Advance as U.S. Jobs Data Boosts Economic Optimism
Asian stocks rose, with a regional benchmark index set to extend its longest streak of weekly advances since 2010, after U.S. unemployment unexpectedly fell, boosting the earnings outlook for Asian exporters.
Summers Says U.S. Economy on ‘Right Road’ With Employment
Former U.S. Treasury Secretary Lawrence Summers said the latest jobs report shows the economy is “on the right road” while Glenn Hubbard, an adviser to Republican presidential candidate Mitt Romney, said he’s skeptical about the meaning of the January numbers.
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Swiss banks to outline steps in U.S. tax evasion row
Two Swiss banks will this week outline their response to growing pressure from the U.S. to give up tax-evading American customers and the bankers who helped them.
RBC's Nixon takes pay cut after U.S. bank loss
TORONTO (Reuters) - Royal Bank of Canada paid Chief Executive Gordon Nixon C$10.1 million ($10.1 million) last year, an 8.2 percent decrease from 2010 due to a loss taken from the sale of its U.S. branch banking operation, RBC said on Monday. RBC, Canada's biggest bank, notched record earnings from its domestic banking and wealth management divisions last year, but took a C$1.6 billion earnings ...
Deeper Iran sanctions; U.S. targets its central bank
Targeting Iran's economy, the U.S. ordered tough new penalties Monday to further pinch the country's financial system and encourage Israel to give sanctions more time before any military action against Iran's nuclear program.
Obama orders new U.S. sanctions on Iran
Targeting Iran's economy, the U.S. ordered tough new penalties Monday to further pinch the country's financial system and encourage Israel to give sanctions more time before any military action against Iran's nuclear program.
Swiss business lobby seeks U.S. restraint on banks
ZURICH (Reuters) - U.S. authorities should show restraint in a crackdown on banks accused of helping rich Americans dodge taxes, while indicting another bank could risk significant collateral damage, the ...
Swiss banks relent in U.S. tax evasion row
Two Swiss banks will this week outline their response to growing pressure from the U.S. to give up tax-evading American customers and the bankers who helped them.
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