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Wednesday, January 7, 2015

Business Today: Futures higher after five-day slide; ADP on tap

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Futures higher after five-day slide; ADP on tap
NEW YORK (Reuters) - U.S. stock index futures rose on Wednesday, putting Wall Street on track to bounce from a five-day slide, ahead of data on the labor market and the minutes from the most recent meeting of the U.S. Federal Reserve.
Falling crude oil imports push U.S. trade deficit to 11-month low
WASHINGTON,(Reuters) - The U.S. trade deficit fell to an 11-month low in November as declining crude oil prices curbed the import bill, eclipsing a drop in exports that could be
U.S. private sector adds 241,000 workers in December: ADP
NEW YORK (Reuters) - U.S. private employers added 241,000 jobs in December, beating the median forecasts of analysts, a report by a payrolls processor showed on Wednesday.
Oil steady above $50 as investors take stock after slide
LONDON (Reuters) - Brent crude oil recovered slightly after falling below $50 a barrel on Wednesday for the first time since May 2009, as traders took stock after a sharp slide since the start of the year.
Germany says not planning for Greek euro zone exit
BERLIN (Reuters) - Germany is not planning for a Greek exit from the euro zone and has not changed its policy towards Athens, Chancellor Angela Merkel's spokesman said on Wednesday, after the Bild newspaper said Berlin was working on contingency plans for such a move.
U.S. mortgage applications rise in latest week: MBA
NEW YORK (Reuters) - Applications for U.S. home mortgages rose last week as interest rates dipped, an industry group said on Wednesday.
Euro zone prices fall more than expected in December, likely to trigger ECB action
BRUSSELS (Reuters) - Euro zone consumer prices fell by more than expected in December because of much cheaper energy, a first estimate by the European statistic office showed in data that is likely to trigger the European Central Bank's government bond buying program.
McDonald's Japan apologizes after tooth, plastic found in food
TOKYO (Reuters) - McDonald's Japan has apologized to customers and vowed to ensure product safety after objects including a tooth and plastic were found in its food, the latest trouble for a fast-food chain hit by sliding sales and a shortage of french fries.
Bitcoin exchange Bitstamp says to resume trading within 24 hours
LJUBLJANA (Reuters) - Bitstamp, one of the largest exchanges for the digital bitcoin currency, said on Wednesday it expected to resume trading within 24 hours after suspending operations because of a security breach on Sunday.
China regulators likely to allow a wave of share offerings in 2015
SHANGHAI/HONG KONG (Reuters) - China is expected to allow significantly more companies to list on its stock exchanges this year, with some analysts predicting proceeds from initial public offerings will nearly double to $20 billion.
Related Video
Brent oil slips below $50
China's auto market hits the brakes
Economic News
Wall St. pulls back from record; utilities slump
U.S. consumer confidence rises in December
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