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U.S. markets news

Facebook's Stock Price Is the Least Important Thing About Facebook
Facebook CEO Mark Zuckerberg is fond of telling his cohorts that their journey is only one percent finished. Even if you quibble about the exact percentage, he's right that his company's vision is boundless and that the service, in its current incarnation, ...
Facebook, a year after IPO  Washington Post
Facebook: New and Improved One Year Later  TheStreet.com
Wall Street Journal   Related articles »  
US energy revolution gathers pace
The growing role of the US in world energy markets was underlined on Friday as the Obama administration approved wider exports of liquefied natural gas and international companies committed billions of dollars for new infrastructure.
US Approves Expanded Gas Exports  Wall Street Journal
UPDATE 3-US ends freeze on new natural gas exports, approves Texas terminal  Reuters
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Yahoo! Board Said to Weigh Billion-dollar Tumblr Deal
President and CEO of Yahoo, Marissa Mayer, arrives for the Time 100 gala celebrating the magazine's naming of the 100 most influential people in the world for the past year, in New York, April 23, 2013.
Tumblr In Talks With Yahoo; Facebook And Microsoft Also Said To Be Circling  Forbes
Yahoo nearing $1,1bn acquisition of Tumblr  Independent Online
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Consumer Sentiment Index in U.S. Rose to 83.7 in May from 76.4
Americans' confidence in the economy climbed in May to the highest level in almost six years as rising real estate values and record stock prices boosted household wealth.
May consumer sentiment highest in nearly six years  Reuters
Consumer sentiment perks to post-recession peak  MarketWatch
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California jobless rate falls to 9%
No one ever said the economic recovery would be pretty. California eked out more growth in April as employers added 10,400 jobs, bringing the net total added over the year to 273,000.
Butte County unemployment rate drops to 10 percent in April  Enterprise-Record
Jobless rate drops to low last hit in '08  Stockton Record
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US jobless claims jump 32000 to 360000
WASHINGTON (MarketWatch) - The number of people who applied for new unemployment benefits surged by 32,000 to 360,000 in the week ended May 11, putting jobless claims at the highest level in a month and a half, according to the U.S.
Jobless claims jump to 6-week high as the sequester is beginning to hurt economy  Examiner.com
Jobless claims in US jump 32000  The Desert Sun
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Tesoro is cleared to buy BP's Carson refinery, Arco stations
Tesoro Corp. won federal and state clearance for its purchase of BP's Carson refinery, Arco stations and other assets for $2.4 billion, an acquisition that would further concentrate the state's fuel-making capacity into only two players - Tesoro and Chevron ...
FTC Clears Tesoro Purchase of BP Refinery  Wall Street Journal
Tesoro wins antitrust OK to buy California BP refinery  Reuters
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Lew Orders Review of IRS Systems After Groups Scrutinized
U.S. Treasury Secretary Jacob J. Lew said he learned in general terms about a probe into IRS screening of tax-exempt groups in March and now has ordered agency officials to deliver within 30 days a plan to correct any �systemic� shortcomings.
US wins breathing space on debt ceiling  Financial Times
No Debt-Limit Showdown Before Labor Day  Wall Street Journal
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American Airlines Doesn't Want Your Bags in the Cabin
The airline that introduced checked-baggage fees has learned the downside of funneling more suitcases into the cabin: It takes longer for people to board.
On American Airlines, pack light and you'll get to board early  Los Angeles Times
US airline group sees pickup in summer air passengers  Reuters
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Gains for a 4th Week in a Row, and Milestones, Too
Stocks continued their climb into uncharted territory on Friday, racking up the fourth week in a row of gains as encouraging economic data prompted investors to buy shares of growth companies.
Dow, S&P end at records, stocks mark fourth week of gains  Reuters
US Stocks In Broad Rally, Fueled By Strong Economic Data  Wall Street Journal
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