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Facebook shares have fallen in early trading on Wall Street to below the price at which they were floated

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Facebook shares have fallen in early trading on Wall Street to below the price at which they were floated. Despite the wider market in buoyant...

Greece has been unable to form a government, and new elections seem set to give power to parties that reject the spending cuts that have been agreed with other eurozone governments and the International Monetary Fund

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There is more and more speculation that Greece is about to leave the euro. Greece has been unable to form a government, and new elections...

Facebook’s less-than-stellar debut saw its shares end the day on Friday just 23 cents, or 0.6 percent, higher than its initial price, at $38.23, valuing the company at $104.2 billion

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Some less-than-enthused analysts are already warning their clients against buying Facebook’s shares one day after the social networking site rolled out its much-anticipated IPO. Brian...

The NASDAQ exchange saw Facebook shares jumping more than 10 percent within minutes of making their stock market debut

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The NASDAQ exchange saw Facebook shares jumping more than 10% within minutes of making their stock market debut. Facebook shares rose to $42, having been...

European stock markets had a shaky start on Friday as concern continued over Greece and Spain

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European stock markets had a shaky start on Friday as concern continued over Greece and Spain. Spain's main share index fell more than 2% before...

World markets are down as Greece's continuing political uncertainty undermines confidence

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World markets are down as Greece's continuing political uncertainty undermines confidence. Greece failed to form a coalition government through talks on Sunday and will continue...

JPMorgan Chase has revealed a surprise trading loss of $2 billion on complex investments made by its traders

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JPMorgan Chase, the biggest US bank, has revealed a surprise trading loss of $2 billion on complex investments made by its traders. Overall, after accounting...

Euro fell against the dollar and the pound on Monday following French and Greek election results, which cast doubt on European austerity plans

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Euro fell against the dollar and the pound on Monday following French and Greek election results, which cast doubt on European austerity plans. Pro-bailout parties in...

It has been longtime argued that one mathematical formula known as Black-Scholes, along with its descendants, helped to blow up the financial world

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It has been longtime argued that one mathematical formula known as Black-Scholes, along with its descendants, helped to blow up the financial world. Black-Scholes was...

Standard & Poor's has cut Spain's credit rating and warned of risks to come

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Standard & Poor's has cut Spain's credit rating and warned of risks to come. S&P cut Spain two notches to BBB+, warning that the country...

Deutsche Bank reports a sharp fall in profits, in part due to weaker performance in investment banking during the eurozone debt crisis

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Deutsche Bank reports a sharp fall in profits, in part due to weaker performance in investment banking during the eurozone debt crisis. Net income for...

In 2011, almost 1,800 people renounced their U.S. citizenship or handed in their Green Cards and many of them said it was because of tax reasons

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In 2011, almost 1,800 people renounced their U.S. citizenship or handed in their Green Cards and many of them said it was because of...

Warren Buffett has revealed in a letter to shareholders that he has been diagnosed with early stage prostate cancer

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Warren Buffett has revealed in a letter to shareholders that he has been diagnosed with early stage prostate cancer. The billionaire investor said the cancer,...

Wall Street analysts have predicted that Apple will become the world's first trillion-dollar company when its shares top $1,000 each

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Wall Street analysts have predicted that Apple will become the world's first trillion-dollar company when its shares top $1,000 each. Apple's shares were worth $633.38...

Cricket tycoon Allen Stanford has been found guilty by a court in Houston, Texas, of running a $7 billion Ponzi scheme

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Cricket tycoon Allen Stanford has been found guilty by a court in Houston, Texas, of running a $7 billion Ponzi scheme. Allen Stanford, 61, was...

A music insider claimed that Whitney Houston was flat broke and had been living off advances from her record label for “quite some time”

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Though Whitney Houston sold more than 200 million albums - including The Bodyguard soundtrack which she earned $33million from - and singles during her...

Irish artist Frank Buckley decided to express his anger about the property boom and bust by building a house from more than a billion Euros of decommissioned notes

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Irish artist Frank Buckley decided to express his anger about the property boom and bust by building a house from more than a billion...

Kweku Adoboli, the UBS trader who allegedly gambled away a record of $2.3 billion, has pleaded not guilty to two charges of false accounting and two of fraud while working for Swiss bank UBS at Southwark Crown Court today

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Kweku Adoboli, the trader who allegedly gambled away a record of $2.3 billion, has pleaded not guilty to two charges of false accounting and...

Parijat Saha, a teacher from India, got the shock of his life when he checked his bank account online and found 490 billion rupees ($9.8 billion)

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Parijat Saha, a teacher from India, got the shock of his life when he checked his bank account online and found 490 billion rupees...

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Greenhill & Co investment banker Jeffrey Buckalew, his wife and his children are believed to be among five people killed after a small aircraft...

David Silverstein, a wealthy chiropractor from Seattle, and his wife were living in a $1.2million waterfront home while claiming almost $2,000-a-month welfare benefits and even food stamps, according to documents

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David Silverstein, a wealthy chiropractor from Seattle, and his wife were living in a $1.2million waterfront home while claiming almost $2,000-a-month welfare benefits and...

A British research suggests that women are thriftier than men and manage to build up larger savings pots despite earning less

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A British research suggests that women are thriftier than men and manage to build up larger savings pots despite earning less. The fairer sex typically...

Bank of America decided to drop the plans to charge a $5 monthly fee for its debit card use in response to complaints from both customers and politicians

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Bank of America decided to drop the plans to charge a $5 monthly fee for its debit card use in response to complaints from...

The $45 million Atlanta mansion - Forsyth County estate Le Rêve - was foreclosed and then sold at only $11.5 million

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A $45 million Atlanta mansion - Forsyth County estate Le Rêve - was foreclosed and then sold at a massive 75% drop at only...

For a frugal living, start carrying a coin purse and stop treating loose change like it's the plague

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Whether you're dealing with a lot of debts or just trying to save money, there are multiple circumstances that can force someone to change...