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Chrysler recalls 651,000 SUVs and Jeeps

 July 12, 2014; Updated: 12:34 am

Chrysler says it is recalling 651,000 Jeep and Dodge SUVs in the U.S. because vanity mirror lights that have undergone repairs can short-circuit and start a fire if not reassembled correctly. The recall is for certain 2011 to 2014 Jeep...

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Economists see growth topping 3% in continued expansion

 July 11, 2014; Updated: 12:08 am

Washington - The fifth anniversary of the U.S. economic expansion will usher in a rare boon: growth exceeding 3 percent over a nine-month period, a Bloomberg survey of economists forecasts.

Gross domestic product will expand...

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FTC sues Amazon over kids' app charges

 July 11, 2014; Updated: 12:08 am

New York - The Federal Trade Commission is suing Amazon over charges that the company has not done enough to prevent children from making unauthorized in-app purchases, according to a complaint Thursday in federal court.

The move had...

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American consumers more upbeat

 July 11, 2014; Updated: 12:08 am

Washington - Consumer sentiment improved last week as Americans were more upbeat about the U.S. economy than at any time in the past six years.

The Bloomberg Consumer Comfort Index rose to 37.6 in the week ended July 6, the...

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U.S. students know a bit about finance

 July 11, 2014; Updated: 12:08 am

The United States runs in the middle of the pack when it comes to the financial knowledge and skills of 15-year-old boys and girls.

China's financial hub of Shanghai had the highest average score for teens who participated in testing for...

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Soccer game breaks Twitter record

 July 10, 2014; Updated: 11:55 pm

Germany's 7-1 victory over soccer World Cup hosts Brazil broke records not only for number of goals - it also triggered the highest-ever number of messages on Twitter's social network during a sports match. "With 35.6 million tweets, #BRA v #GER...

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Two-year global slump in PC sales bottoms out, as orders increase

 July 10, 2014; Updated: 11:55 pm

New York - A two-year slump in personal computer sales ended in the second quarter, helped by improving demand in developed markets like North America and Europe.

PC sales have fallen in recent years, hurt by surging demand for...

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Fed split on signals for first rate hike

 July 10, 2014; Updated: 11:55 pm

Washington - Federal Reserve officials had differing views in June on the best way to signal to financial markets when they might raise a key short-term interest rate. They were in broad agreement, however, that they will likely announce...

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Legal marijuana on sale in Washington

 July 9, 2014; Updated: 11:42 pm

Bellingham, Wash. - Washington on Tuesday became the second state to allow people to buy marijuana legally in the U.S. without a doctor's note as eager customers who lined up outside stores made their purchases and savored the...

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Job openings hit almost seven-year high

 July 9, 2014; Updated: 11:42 pm

Washington - Job openings rose in May to the highest level in almost seven years, a sign the U.S labor market will help boost economic growth in the second half of this year.

The number of positions waiting to be filled climbed by...

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Rolls-Royce luxury car sales soar worldwide

 July 9, 2014; Updated: 11:42 pm

Sales of Rolls-Royce luxury cars, which cost hundreds of thousands of dollars, soared all around the world during the first half of the year, even in Europe, which is recovering slowly from recession.

The Britain-based manufacturer said...

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Ford recalling 100,566 vehicles for safety issues

 July 9, 2014; Updated: 11:42 pm

Ford is recalling 100,566 vehicles in North America for various safety defects. The company announced the six separate recalls Tuesday. No injuries related to the defects have been reported. The largest recall, of 92,022 vehicles, affects the...

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NYC’s oldest bowling alley closes after 76 years

 July 9, 2014; Updated: 11:42 pm

New York City's oldest bowling alley has closed after 76 years. Bowlmor Lanes in Greenwich Village closed Monday after the owner was not offered a new lease. Notables including Lily Tomlin, Sarah Jessica Parker and former President Richard Nixon...

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New check likely for U.S.-bound fliers

 July 8, 2014; Updated: 12:07 am

Washington - Passengers at some overseas airports that offer U.S.-bound flights will soon be required to power on their electronic devices to board their flights - a measure intended to enhance aviation security at a time when intelligence...

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38 Studios settlement opposed

 July 8, 2014; Updated: 11:55 pm

Two former employees of Rhode Island's economic development agency have asked a judge to block a settlement over the failed $75 million deal with former Boston Red Sox pitcher Curt Schilling's video game company 38 Studios.

Keith Stokes,...

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Time off the grid improves work performance

 July 6, 2014; Updated: 5:25 pm

Research shows that time away from our jobs improves our health and job performance, while never taking time off (and being constantly connected to technology) can lead to depression, stress, sleep disorders and even an early death.

Here...

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30-year mortgage rate dips this week

 July 4, 2014; Updated: 11:55 pm

Average U.S. mortgage rates are near historically low levels. Mortgage company Freddie Mac says that the nationwide average rate for a 30-year loan dipped to 4.12 percent, down from 4.14 last week. The average for the 15-year mortgage, which had...

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Subaru recalls 600,000 cars and SUVs

 July 4, 2014; Updated: 11:55 pm

Subaru is recalling 660,000 cars and SUVs because the brake lines can rust and leak fluid, and that can mean it will take longer to stop the vehicles. For about half the vehicles, it's the second recall for the same problem. Affected are 2005...

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BMW to invest $1B in Mexico plant

 July 4, 2014; Updated: 11:59 pm

Germany's BMW announced Thursday it will invest $1 billion to build a new luxury car factory in northern Mexico that will start production in 2019 as part of an effort to expand its presence in the United States.

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Fraud, sex, post-it art: Google cuts search links

 July 4, 2014; Updated: 11:55 pm

Brussels- Google's removal of search results in Europe is drawing accusations of press censorship, as stories from some of the continent's most prominent news outlets begin vanishing. The U.S. internet giant said Thursday it is...

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U.S. payroll growth is robust, ADP says

 July 3, 2014; Updated: 11:42 pm

Payrolls at U.S. companies climbed in June by the most since November 2012, a sign the job market is strengthening as demand picks up.

Businesses are taking on more workers and limiting dismissals, bolstering economists' projections that...

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New Ford CEO gets $5.25M pay — and a jet

 July 3, 2014; Updated: 11:42 pm

New Ford CEO Mark Fields will get a pay package worth more than $5.25 million as he takes over for the retiring Alan Mulally. He'll also get stock and options that could drive that figure much higher. And the company will restore use of a private...

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More Americans are stuck in part-time employment

 July 3, 2014; Updated: 11:42 pm

Washington - In the new landscape of the American labor market, jobs are easier to come by but hours remain in short supply.

New government data slated for release Thursday is expected to show the economy added more than 200,000 jobs...

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Most states miss out on jobs recovery

 July 3, 2014; Updated: 11:42 pm

Washington - Five years after the Great Recession officially ended, most states still haven't regained all the jobs they lost, even though the nation as a whole has.

In May, the overall economy finally recovered all 9 million jobs...

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Premium Content Massachusetts panel won't delay decision on Boston-area casino

 July 2, 2014; Updated: 11:46 pm

Massachusetts gaming regulators have rejected Boston officials' request that they delay the awarding of a Greater Boston casino license until after a November referendum on the 2011 law that authorized casinos in the state.

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