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Starbucks profit rises on stronger sales

Starbucks reported a higher quarterly profit Thursday as new food and drinks helped boost sales in the U.S.

Dick's Sporting Goods lays off 478 PGA golf pros

The Dick's Sporting Goods chain has laid off 478 Professional Golfers' Association teaching pros months after the company reported that sales of golf gear are dwindling.

Oil falls on worries about US gasoline demand

The price of oil fell near $102 a barrel Thursday, erasing gains from the day before.

After much movement, stocks end where they began

Only Wall Street could make the buying and selling of more than 3 billion shares look like nothing happened.

IMF sees US growth at weakest since recession

U.S. economic growth this year will likely be at the weakest pace since the Great Recession ended, the International Monetary Fund said, mostly because of a sharp, weather-related contraction in the first quarter.

SEC considering action against S&P over ratings

Standard & Poor's said Wednesday that regulators have told the rating agency they are considering taking civil enforcement action against it over ratings it gave to six deals in 2011 involving securities tied to commercial mortgages.

S&P 500 ekes out record high as earnings roll in

The stock market eked out a record high Wednesday, as investors weighed positive earnings from the technology industry against disappointing news from Boeing and other companies.

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Geopolitical tensions seen keeping oil prices high

The price of oil fell slightly Tuesday but experts see geopolitical tensions preventing any significant short-term declines.

US stocks climb as earnings reports roll in

Solid earnings for a range of big companies helped nudge the stock market higher on Tuesday.

US regulators close small bank in Georgia

Regulators have closed a small lender in Georgia, bringing U.S. bank failures this year to 13 after 24 closures in all of 2013.

US stocks mount strong rebound on company earnings

Investors jumped on a wave of strong corporate financial results Friday, propelling stocks higher for the third time in five days.

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New York proposes regulations for bitcoin

State regulators trying to curb money laundering and safeguard investors on Thursday proposed a special set of rules for firms involved in trading and storing virtual currencies.

Microsoft cutting 18,000 jobs, signals new path

Microsoft announced the biggest layoffs in its history Thursday, saying it will cut 18,000 jobs as it streamlines its Nokia mobile device business to focus on using the Windows Phone operating system.

Senate votes to extend terrorism insurance program

The Senate voted Thursday to extend a program that helped stabilize jittery insurance markets in the aftermath of the Sept. 11 terrorist attacks.

Jet downing, weak earnings rattle stock market

The downing of a passenger plane flying over Ukraine rattled U.S. financial markets Thursday, deepening a slide set off by a batch of disappointing company earnings and a weak home construction report.

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