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Alabama Trust is year's 24th U.S. bank failure

Federal regulators shut the Alabama Trust Bank in Sylacauga, Ala., the Federal Deposit Insurance Corp. said late Friday. Closure of the single-branch bank marks the 24th failure of a U.S. bank in 2012.

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Submitted By: bluedevil 20 hours 17 min ago
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Fiscal issues loom as G8 summit opens with Iran, Syria talks

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President Obama and other world leaders opened the G8 summit at Camp David.

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Submitted By: bluedevil 20 hours 20 min ago
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Sugar Harms Cognitive Activity, But Omega-3s Will Smarten You Back Up

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A new study shows that high-fructose diets can harm how the brain functions. Luckily, eating omega-3 fatty acids seems to reverse this phenomenon.

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Submitted By: bluedevil 20 hours 24 min ago
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Blind Chinese activist leaves Beijing for U.S.

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China allowed a blind legal activist, Chen Guangcheng, to leave a hospital in Beijing on Saturday and board a plane bound for the United States, a move that could signal the end of

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Submitted By: bluedevil 20 hours 33 min ago
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Economic Summary for Week of May 18th

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Most of the US economic data was at or above expectations last week. An exception was the Philly Fed manufacturing survey, but that was partially offset by faster expansion in the Empire State survey.

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Submitted By: bluedevil 20 hours 34 min ago
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House OKs East Coast missile shield site in $643B defense bill

The House on Friday approved a sweeping defense authorization bill for 2013 that calls for the construction of an East Coast missile defense system in the U.S.

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Submitted By: bluedevil 1 day 18 hours ago
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Gold futures up over 1% as dollar weakens

June gold is back on the rise, within hailing distance of $1,600, as the dollar turns lower following a long winning streak for the greenback.

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Submitted By: bluedevil 1 day 18 hours ago
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State Unemployment Rates decline in 37 states in April

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Thirty-seven states and the District of Columbia recorded unemployment rate decreases, five states posted rate increases, and eight states had no change, the U.S. Bureau of Labor Statistics reported today.

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Submitted By: bluedevil 1 day 18 hours ago
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Facebook Shares Cool After IPO

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Facebook shares fell as low as their $38 IPO price, after opening about 11% higher on its first day of trading. Traders reported problems receiving confirmations of orders from Nasdaq. Underwriters stepped in to support shares at the offering price.

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Submitted By: bluedevil 1 day 18 hours ago
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Daily chart: Global business barometer

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American business sentiment turns bullish

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Submitted By: bluedevil 1 day 22 hours ago
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