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Financial Headlines From The Associated Press

  • Obama: 'Revving' economy calls for higher wages
    MILWAUKEE (AP) -- President Barack Obama renewed his push for Congress to raise the minimum wage Monday in a buoyant accounting of the economy's "revving" performance, delivered on behalf of Democrats opening their fall campaigns for the midterm congressional elections....
  • Austerity debate flares as Europe recovery fades
    FRANKFURT, Germany (AP) -- Europe's economic recovery is in danger. Governments are under pressure to save it, but struggling with political obstacles and disagreement among themselves over what to do....
  • Markets drift as Wall Street has day off
    LONDON (AP) -- Ahead of a raft of economic developments this week, financial markets started the week on a lackluster note Monday as Wall Street was closed for the Labor Day holiday....
  • Atlantic City's Revel starts closing after 2 years
    ATLANTIC CITY, N.J. (AP) -- The most spectacular and costly failure in Atlantic City's 36-year history of casino gambling began to play out Monday when the $2.4 billion Revel Casino Hotel emptied its hotel....
  • Alibaba IPO comes with unusual structure
    BEIJING (AP) -- Foreigners who want to buy Alibaba Group shares in the Chinese e-commerce giant's U.S. public offering will need to get comfortable with an unusual business structure....

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