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Sales of pre-owned homes rose 5.1% to a seasonally adjusted annual rate of 4.72 million in February, boosted by "deep price discounts," the National Association of Realtors reports.



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The U.S. dollar loses ground versus major rivals Monday as traders prepare for long-awaited details of the U.S. Treasury Department’s plan to remove hundreds of billions of dollars worth of toxic assets from bank balance sheets.



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The great recession is shifting into a new phase, with the manufacturing sector taking the spotlight away from the consumer who got it all started.



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Israel stocks were slightly higher on Sunday, with the blue chips buoyed by strength in the banks and chemicals producers and hurt by weakness in drugmaker Perrigo.



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WASHINGTON (MarketWatch) -- U.S. Treasury Secretary Timothy Geithner will on Monday provide details about the government's latest plan to help rid banks of toxic assets clogging the financial system. The Treasury Department said in a press release that it will hold the briefing at 8:45 a.m. EDT on Monday. The Treasury Department's program involves setting up a new investment fund to buy mortgage-related securities and other assets weighing down bank balance sheets. The new Public Private Investment Program would combine taxpayer money with private funds, aiming to buy loans and free up banks t
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o renew lending.



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The Japanese government is reportedly planning to suspend some restrictions on the state-run Japan Bank for International Cooperation as an emergency measure to increase access to dollar funds.



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The changes that any deal for Barclays' ETF business will spur won’t be ignored for long, as they are likely to coincide with major shifts in the ETF business.



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Private-equity giant Hellman & Friedman has formed a consortium to gobble up Barclays’ iShares business for about $5 billion, according to a media report.



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Unlike other mutual-fund managers, Shawn Price doesn't choose stocks based on conversations with company executives or a hunch about an industry's prospects. Instead, he's focused on what his computer makes of a company's sales, profitability and market valuation.



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The holding company for Washington Mutual Bank files a lawsuit, charging that the Federal Deposit Insurance Corp. improperly sold its banking operations to J.P. Morgan Chase and could have gotten more money for those assets, media reports say.



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