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U.S. Top News Early Edition: Jobless claims up, gasoline lifts consumer prices

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08/18/2011
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LATEST NEWS
Jobless claims up, gasoline lifts consumer prices
WASHINGTON (Reuters) - The number of Americans claiming new jobless benefits rose last week and consumer prices increased at the fastest pace in four months in July, highlighting the challenges facing the Federal Reserve. | Full Article
NYSE braces for volatile open
August 18, 2011 09:36 AM ET
NEW YORK (Reuters) - The New York Stock Exchange and NYSE Amex Cash Markets on Thursday invoked a rule to smooth trading at the market open, as futures pointed to a sharp drop in the major indexes. | Full Article
Obama to call on Syria's Assad to step down: source
August 18, 2011 09:26 AM ET
WASHINGTON (Reuters) - President Barack Obama will call on Syrian President Bashar al-Assad to step down, a U.S. official said on Thursday. | Full Article
China, U.S. seek to boost confidence as Biden visits
August 18, 2011 08:17 AM ET
BEIJING (Reuters) - China and the United States share a responsibility for boosting global market confidence and the American economy remains fundamentally sound, the Chinese Vice President Xi Jinping told U.S. Vice President Joe Biden who is on a trust-building visit. | Full Article
Obama's approval rating on economy hits new low
August 17, 2011 07:35 PM ET
WASHINGTON (Reuters) - Approval of President Barack Obama's handling of the U.S. economy has fallen to a new low of 26 percent, according to a Gallup poll released on Wednesday in the aftermath of a bruising fight with Congress over federal spending. | Full Article
BUSINESS NEWS
HP's CEO needs to convince wary Wall Street
August 18, 2011 12:13 AM ET
SAN FRANCISCO (Reuters) - Hewlett-Packard Co must convince Wall Street it can reverse a string of disappointing results, weather a drought in technology spending and deliver growth again when it reports earnings on Thursday. | Full Article
Fed's Dudley says tempers U.S. recovery expectations
August 18, 2011 08:50 AM ET
NEWARK, New Jersey (Reuters) - U.S. economic growth in the first half of the year has been "quite a bit slower" than expected, a top U.S. central bank official said on Thursday, causing him to temper his expectations about the pace of economic recovery. | Full Article
Forest Labs aims to fend off Icahn at annual meeting
August 18, 2011 07:39 AM ET
NEW YORK (Reuters) - Forest Laboratories Inc's showdown with activist investor Carl Icahn should be resolved on Thursday, when shareholders meet to pick the drugmaker's new board of directors. | Full Article
From Ice Age to hyper-inflation with SocGen bear
August 18, 2011 08:48 AM ET
NEW YORK (Reuters) - Three months ago, with the Federal Reserve nearing the end of its second major stimulus program and inflation pressures on the rise, Albert Edwards' bond market view stood out from the crowd. | Full Article
Morgan Stanley cuts global growth forecasts
August 18, 2011 08:29 AM ET
(Reuters) - Morgan Stanley slashed its global growth forecast for 2011 and 2012, saying the U.S. and the euro zone were "dangerously close to a recession," and criticized policymakers in Washington and Europe for not acting more decisively to contain the sovereign debt crisis. | Full Article
HEALTH NEWS
Stem cell team aims for spare heart parts in five years
Chavez's socialist medicine dream may be liability
Study finds sniffer dogs can smell out lung cancer
New label to help people pick health insurance
Doctors screen for cervical cancer too often: study
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