Articles About NYSEARCA:UUP
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March 13, 2012EU Gives Hungary 495 Million Reasons to Comply With Budget Rules
Hungary's disregard for budget rules has landed the country in a very unsavory position, with the European Union prepared to freeze half a billion euros in aid to the country of 10 million...
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March 12, 2012Debt Swap Might Not be Enough for Greece
Greece swapped privately-held bonds on Monday that will help the nation write down debt worth $140 billion, but fears persist that even the latest measure might not be enough...
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March 09, 2012ISDA: Greek Bond Swap Triggered CDS Payments
Greece's use of a collective action clause to force private creditors into a bond swap has triggered payments on default insurance contracts, according to the International Swaps and Derivatives Association...
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March 09, 2012U.S. Trade Gap Swells as Record Imports Offset Export Gains
The U.S. trade deficit widened more than expected in January as demand for oil rose despite higher prices, pushing imports to a record high...
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March 09, 2012U.S. Workforce Grows as Employers Add 227K Jobs
The U.S. economy added 227,000 jobs in February, but the national unemployment rate was unchanged as more people entered the work force...
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March 08, 2012
Greece Closes Bond Swap Offer
The world breathed a collective sigh of relief this afternoon when Greece closed a bond swap offer to private creditors after clearing the minimum threshold of acceptance to push the deal through...
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March 08, 2012Why are Households Taking on More Debt?
Households have focused on rebuilding their net worth since the housing bubble popped, but new data suggests Americans are growing more comfortable with borrowing money, which could give rise to higher consumer spending...
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March 08, 2012ECB Holds Rates Steady
The European Central Bank held its benchmark interest rate at 1.0 percent on Thursday, as expected, taking a step back to assess how the bank's measures have impacted the euro zone's economic outlook...
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March 08, 2012Jobless Claims Bounce Off 4-Year Lows
Though initial jobless claims rose last week, the increase was not significant enough to change perceptions that the labor market continues to improve...
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March 08, 2012How Will the Fed Tackle Inflation?
Wary of concerns regarding future inflation, the Federal Reserve is mulling a non-traditional approach to the possible scenario of more asset purchases.
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March 07, 2012Why Are Consumers Borrowing More?
Americans borrowed more than expected in January to spend on education and automobiles, giving the economy a confidence boost...
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March 07, 2012
Majority of Investors Get On Board Greek Debt Swap
Greece's largest banks, most of the country's pension funds, and more than 30 European banks and insurers have indicated they'll take part in the biggest sovereign restructuring in history...
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March 07, 2012ECB Takes a Step Back
Mario Draghi is widely expected to announce the European Central Bank has decided to leave the key lending rate unchanged at 1 percent when he holds his monthly news conference on Thursday...
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March 06, 2012
IFF: Disorderly Greek Default Could Cost 1 Trillion Euros
The Greek Debt Management Agency said bondholders won't get a better deal than the one currently being offered and warned that if it finds enough support, it will force losses on investors who won't step up to participate...
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March 06, 2012European Economy on the Cusp of Another Widespread Recession
Europe's economy contracted in the fourth quarter as exports and consumer spending declined and investors pulled out of equities...
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