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WSJ.com: Economy
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Economy
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Storm Clouds Gather Over Florida Insurers
State-run entities that expanded over the past decade to provide affordable homeowners insurance in hurricane-threatened Florida are in danger of becoming so big they threaten to wreak havoc on the local economy.
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Less Building Now, Higher Office Rents Later
Office-building construction is in the midst of a severe drought. This means higher rents may be on the horizon in some cities, if history is any guide.
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Jobs Data Show Growth Is Sustained
The U.S. economy added more jobs in January than in any month since early last year, pushing down the jobless rate to a level not seen since Obama's first full month in office.
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Pressure Mounts on BOJ to Weaken Yen
Japan's central bank is coming under renewed political pressure to weaken the yen, even after the government was criticized by the U.S. for intervening.
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Greece Weighs Cuts Amid Bailout Talks
Greece edged toward a deal on a second billion bailout package, as political leaders were set to meet Sunday to weigh critical spending cuts.
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China Tamps Down Europe Aid Fears
Chinese Premier Wen Jiabao sought to assuage concerns over Chinese investment in Europe, saying China has no intention to "buy" the continent.
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Despite Intervention, Brazil's Currency Gains
Brazil's real climbed against the dollar after strong U.S. jobs figures outweighed the central bank's intervention in an attempt to weaken the currency.
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Canada Jobless Rate Rises Unexpectedly
Employers in Canada hired far fewer workers than expected in January, and the jobless rate rose unexpectedly to 7.6%, the highest level since April 2011.
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Fed May Sell More AIG Bonds as Risk Hunger Picks Up
The New York Fed is asking for bids on some $6 billion in residential mortgage-backed securities from its Maiden Lane II portfolio it took on as part of the 2008 bailout of American International Group.
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Banks Sued Over Mortgage Registry
New York's attorney general sued BofA, J.P. Morgan and Wells Fargo over a private national mortgage registry system, contending it has resulted in a wide range of deceptive and fraudulent foreclosure filings.
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Banks Deplete Earnings Backstop
The rainy-day funds that U.S. banks have been tapping to boost their earnings could soon begin to dry up, and that doesn't bode well for bank profits.
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Without Timber Money, Budgets Face Buzzsaw
With the expiration of a federal program designed to compensate Oregonians for falling timber sales, counties statewide are losing an allotment that has totaled $2.6 billion since 2000. That puts Curry County in a bind.
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Euro-Zone Data Give Differing Outlooks
Euro-zone private-sector activity returned to modest growth in January, but a fall in consumer spending in the run-up to Christmas added to doubts over the region's longer-term prospects.
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Bernanke Questioned On Fed Policies
Fed Chairman Bernanke warned lawmakers of the importance of the need to address the fiscal challenges facing the U.S.
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U.K. Services Sector Expands
Activity in the U.K.'s dominant services sector accelerated in January, raising hopes the British economy can avoid recession.
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