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Republicans block small business lending bill (AP)

President Barack Obama delivers a brief speech after sitting with small business owners at the Tastee Sub Shop in Edison, N.J. on Wednesday, July 28, 2010.   Behind him are Tom and Catherine Horsburgh of Wayne, N.J. (AP Photo/Augusto F. Menezes, Pool)AP - WASHINGTON — President Barack Obama's election-year jobs agenda suffered a new setback Thursday when Senate Republicans blocked a bill creating a $30 billion government fund to help open up lending for credit-starved small businesses.



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AP survey: A bleaker outlook for economy into 2011 (AP)

FILE - In this file photo taken July 22, 2010, Chairman of the Federal Reserve Ben Bernanke testifies before the House Financial Services Committee on Capitol Hill in Washington. Bernanke and his colleagues are weighing new steps to invigorate the economy if the recovery shows signs of backsliding. (AP Photo/Alex Brandon, file)AP - The U.S. economic recovery will remain slow deep into next year, held back by shoppers reluctant to spend and employers hesitant to hire, according to an Associated Press survey of leading economists.



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Foreclosures up in 75 percent of top U.S. metro areas (Reuters)

An estate agent's board showing is pictured outside a south-east London house in April. British home prices fell for the first time in five months during July when they dropped 0.5 percent compared with June, a key survey by home-loans provider Nationwide has shown.(AFP/File/Ben Stansall)Reuters - Foreclosures rose in 3 of every four large U.S. metro areas in this year's first half, likely ruling out sustained home price gains until 2013, real estate data company RealtyTrac said on Thursday.



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Obama: We'll get back money from auto bailout (AP)

President Barack Obama, center, during his guest appearance on ABC's television show 'The View' in New York, Wednesday, July 28, 2010. Sitting with Obama are Barbara Walters,  left, and Joy Behar, right. (AP Photo/Pablo Martinez Monsivais)AP - President Barack Obama said the government will recover all the taxpayer money his administration provided to bail out the auto industry last year.



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China allows release of critical IMF report (AFP)

Chinese 100 yuan notes being counted in Beijing in June 2010. China allowed an IMF report critical of its currency policy to be released Thursday for the first time in four years, signaling Beijing's increasing confidence that it can control the international debate on the yuan.(AFP/File/Frederic J. Brown)AFP - China allowed an IMF report critical of its currency policy to be released Thursday for the first time in four years, signaling Beijing's confidence that it can control the debate on the yuan.



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Toyota recalling over 416,000 cars in U.S., Canada (Reuters)

A woman is reflected in a glass door outside the Toyota Motor Corp showroom in Tokyo July 27, 2010. Toyota Motor Corp will likely be able to build the popular Prius hybrid car in the United States when it is remodelled next, a top executive said on Tuesday.  REUTERS/Yuriko Nakao (JAPAN - Tags: TRANSPORT BUSINESS)Reuters - Toyota Motor Corp said on Thursday it would recall nearly 417,000 high-end passenger cars and SUVs in the United States and Canada to fix steering problems.



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Panasonic buying Sanyo and other unit for $9.4 billion (Reuters)

Reuters - Japan's Panasonic Corp (6752.T) said it would buy out subsidiaries Sanyo Electric (6764.T) and Panasonic Electric Works (6991.T) for up to $9.4 billion in cash and shares to accelerate its push into greener businesses.
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Mortgage rates hit low of 4.54 percent (AP)

In this photograph taken July 26, 2010, new townhouses for sale are shown in Beaverton, Ore. Mortgage rates dropped to the lowest level on record for the fifth time in six weeks, making homebuying and refinancing the most attractive in decades for those who can get loans. (AP Photo/Don Ryan)AP - Mortgage rates are the most affordable in decades for those who can qualify for a loan.



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Economic growth likely slowed in second quarter (AP)

AP - The already fragile economic recovery may be getting weaker.
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Video game group spent $1.1M lobbying in 2Q (AP)

AP - The Entertainment Software Association, a trade group for video game companies, spent $1.1 million during the second quarter to lobby on the regulation of video game content, First Amendment protection, parental control technology and other issues, according to a recent disclosure report.
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Stocks fall amid uncertainty over the economy (AP)

In this July 28, 2010 photo, trader Richard Scardino works on the floor of the New York Stock Exchange. Stock futures rose Thursday, July 29, following further signs that Europe's economy is bouncing back faster than expected. (AP Photo/Richard Drew)AP - Stocks ended an erratic day with a modest loss Thursday as investors tried to reconcile another batch of conflicting economic signals.



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Foreclosure activity up across most US metro areas (AP)

Demonstrators, whose homes are under foreclosure or lost their homes to foreclosure, holds signs during a foreclosure rally in front of JP Morgan Chase Bank in Oakland, Calif., Wednesday, July 28, 2010. The rally demanded banks to stop foreclosing on families. (AP Photo/Paul Sakuma)AP - Households across a majority of large U.S. cities received more foreclosure warnings in the first six months of this year than in the first half of 2009, new data shows.



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Exxon and Shell quarterly profits soar (Reuters)

A Mobil gas station is seen in Medford, Massachusetts, April 30, 2008. REUTERS/Brian SnyderReuters - Exxon Mobil's quarterly profit jumped 85 percent on surging oil prices and a big rise in refining margins, while Royal Dutch Shell Plc's (RDSa.L) profits rose 34 percent.



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Tanker probe eyes possible Persian Gulf collision (AP)

In this photo released by the Emirates News Agency (WAM), damage is seen on the side of the 'M. Star' oil supertanker as it arrives at Fujairah port in the United Arab Emirates Wednesday, July 28, 2010. An explosion damaged the 'M. Star' oil supertanker, of Japanese shipping company Mitsui O.S.K. Lines, Wednesday as it steered through the tense waters at the mouth of the Persian Gulf, where the ship's owner said the vessel possibly came under attack. (AP Photo/Emirates News Agency) ** EDITORIAL USE ONLY, NO SALES **AP - Investigators in the UAE are looking into whether a Japanese tanker damaged at the mouth of the Persian Gulf was involved in a collision, backing away from an earlier theory that natural causes were to blame, the top port official where the vessel is moored said Thursday.



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Bangladesh raises garment workers' pay 80 percent (AP)

A Bangladeshi garment worker holds her child as she participates in a rally in Dhaka, Bangladesh, Wednesday, July 28, 2010. The workers demanded a raise in minimum wage to Bangladeshi taka 5000 (US$ 72) per month.  Banner reads 'Announce taka 5000 as the minimum wage.' (AP Photo/ Pavel Rahman)AP - Bangladesh has raised minimum monthly wages for its millions of garment workers by about 80 percent after months of violent protests over poor pay and conditions, a government minister said Thursday.



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Exxon Mobil's 2Q earnings more than double (AP)

Customers fill up at a Mobil service station in Berlin, Vt., Thursday, July 29, 2010. Exxon Mobil Corp. said Thursday its second quarter income nearly doubled to $7.56 billion as oil prices increased from last year.  (AP Photo/Toby Talbot)AP - Exxon Mobil Corp. said Thursday its second quarter income nearly doubled to $7.56 billion as oil prices increased from last year.



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Wall St falls on tech outlook worries (Reuters)

Traders work on the floor of the New York Stock Exchange, July 22, 2010. REUTERS/Brendan McDermidReuters - U.S. stocks sagged in volatile trading on Thursday after weak outlooks from technology companies and downbeat comments from a Federal Reserve official gave investors little reason to buy.



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Toyota recalls 412,000 cars in US to fix steering (AP)

In this undated photo provided by Toyota Motor Corp., the 2003 Toyota Avalon XLS is shown. Toyota is recalling 412,000 passenger cars, mostly the Avalon model, in the U.S., and another 16,420 vehicles in Japan for steering problems, the automaker said Thursday, July 29, 2010. (AP Photo/Toyota Motor Corp.) ** NO SALES **AP - Toyota is recalling nearly half a million cars, most of them large sedans sold in the U.S., for problems that can cause the steering wheel to lock up. It's the latest indication that the automaker is still struggling with vehicle problems even as it works to overhaul quality control.



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NY AG announces probe of life insurance industry (AP)

AP - State Attorney General Andrew Cuomo said Thursday that he had opened a fraud investigation into how life insurers pay out benefits after policyholders die.
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Citigroup to pay $75 million to settle SEC charges (Reuters)

Pedestrians walk past a Citibank branch in Washington in this January 19, 2010 file photo. REUTERS/Jim YoungReuters - Citigroup Inc will pay $75 million to settle charges that it failed to disclose subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday.



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