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September 5, 2009

Slowing job-loss pace gives Dow 96-point boost

NEW YORK | Stocks jumped in light trading Friday after the government reported that the pace of job losses slowed in August to the lowest level in a year. The Dow Jones Industrial Average gained 97 points to halve its loss for the week after the Labor Department said employers cut fewer workers last month. However, the report also showed that the ranks of the unemployed swelled to 9.7 percent

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Stocks set to open lower after N. Korea test

U.S. stock futures pointed to a weak start on Wall Street on Monday as worries about North Korea's nuclear test and rising oil prices were likely to cause investors to lock in profits after a series of record highs by the Dow average last week.

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Tips For Saving And Managing Your Money

Q. Because I have a life insurance policy from MetLife, I have been following the stock recently. It has done very poorly.

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Replaced by a computer

Traders' jobs are on the line as the busy trading floor of the NYSE is transformed. | Michael Rutigliano used to feel like Mickey Mantle each time he stepped on the New York Stock Exchange floor.

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