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McDonald's CEO outlines changes as sales slide

After posting yet another disappointing quarter, McDonald's CEO Don Thompson said Tuesday the company hasn't been keeping up with the times and that changes are in store for its U.S. restaurants.

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Pig farms rebound from virus; meat prices may drop

A virus that killed millions of baby pigs in the last year and led to higher pork prices has waned thanks to warmer weather and farmers’ efforts to sterilize their operations.

Fear-gauge flashes wild week on Wall Street

Europe’s economy sputters, oil prices plunge and stocks start swinging wildly. Wall Street’s long dormant “fear index” now predicts more turbulence ahead.

Fed survey finds moderate growth nationwide

The U.S. economy was strengthening in most regions of the country in September to early October, helped by gains in consumer spending, manufacturing and commercial construction, according to the Federal Reserve’s latest survey of business conditions.

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Wal-Mart cuts sales outlook amid tough economy

Wal-Mart Stores Inc. cut its revenue outlook for its current fiscal year as it announced it is scaling back its expansion plans for its supercenters next year and stepping up investments in its online operations.

Stock swoon brings S&P 500 closer to ‘correction’

The downturn in the U.S. stock market has brought it closer to what professional investors refer to as a “correction.”

Unequal Pay: Must be a lot of good karma out there

Men are eight times more likely than women to negotiate salary when taking a job, according to a study by Linda Babcock and Sara Laschever for their 2007 book Women Don’t Ask: The High Cost of Avoiding Negotiation and Positive Strategies for Change.

US stocks close out worst week since May 2012

U.S. stocks are closing out a turbulent week with another loss, giving the market its worst week since May 2012.

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As market sinks, investors brace for turbulence

The Dow Jones industrial average plunged 334 points as falling energy stocks and worries about the global economy sent investors fleeing out of the market. The blue-chip index rose 275 points the day before.

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Bernanke defends AIG bailout in court

Former Federal Reserve Chairman Ben Bernanke testified in federal court Thursday that insurance giant American International Group Inc. had to be rescued by the government in 2008 to avert global catastrophe.

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Geithner defends terms of AIG bailout

Former top regulator Timothy Geithner defended terms of the U.S. government's bailout of American International Group Inc., saying Wednesday that the insurance giant's exceptionally risky behavior had caused losses that called for strict treatment.

JC Penney says Sept. sales softer than expected

Shares of J.C. Penney Co. fell more than 10 percent after the department store operator warned that its sales last month were weaker than expected and cut its outlook for a key sales measure for the current quarter.

Fed officials link rate increase to economic data

Federal Reserve officials, worried about weak growth overseas, agreed last month that they would begin raising interest rates only when measures of the economy’s health and inflation signaled the time was right.

US stocks have their best day of 2014

Wall Street had its best day of the year.

Wal-Mart cuts health benefits for some part-timers

Wal-Mart Stores Inc. plans to eliminate health insurance coverage for some of its part-time U.S. employees in a move aimed at controlling rising health care costs of the nation’s largest private employer.