Yahoo! News: Health News

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• Wall Street drops after another Japan earthquake (Reuters)
• Retailers surprise with March sales strength (Reuters)
• Congress edges toward spending deal (Reuters)
• Blockbuster takeover bid by Dish wins judge's OK (Reuters)
• Fed's Lacker: may need to raise rates this year (Reuters)
• European stocks climb on eve of rate decisions (AFP)
• Natural gas drops after supply report; oil rises (AP)
• Rite Aid loss a bit smaller as revenue stabilizes (AP)
• Spain says will not be next domino after Portugal (AFP)
• Mortgage rates for the past 52 weeks at a glance (AP)
• With Portugal plea, Europe hopes crisis contained (AP)
• Summary Box: Fixed mortgage rates inch up (AP)
• World food prices fall for first time in eight months (AFP)
• Few show up for start of first Wis. budget hearing (AP)
• Malaysia carmaker Perodua hit by Japan supply snag (AP)
• The Audacity of Paul Ryan (BusinessWeek)

Wall Street drops after another Japan earthquake (Reuters) Posted: 07 Apr 2011 08:18 AM PDT Reuters - U.S. stocks fell on Thursday shortly after an earthquake with a magnitude of 7.4 hit Japan and a tsunami warning was issued.

Retailers surprise with March sales strength (Reuters) Posted: 07 Apr 2011 08:05 AM PDT Reuters - U.S. shoppers bought spring clothing along with more expensive food and gasoline in March, pushing sales at many chains up more than expected.

Congress edges toward spending deal (Reuters) Posted: 07 Apr 2011 08:32 AM PDT Reuters - The Congress on Thursday neared a budget deal to avert a looming government shutdown but disputes over abortion and environmental issues posed late hurdles to a final agreement.

Blockbuster takeover bid by Dish wins judge's OK (Reuters) Posted: 07 Apr 2011 09:06 AM PDT Reuters - Satellite television company Dish Network Corp can go ahead with its $320 million purchase of Blockbuster Inc, a bankruptcy judge ruled on Thursday.

Fed's Lacker: may need to raise rates this year (Reuters) Posted: 07 Apr 2011 09:17 AM PDT Reuters - The U.S. economy is recovering well, raising inflation risks that could force the Federal Reserve to raise interest rates before the end of the year, Richmond Fed President Jeffrey Lacker said on Thursday.

European stocks climb on eve of rate decisions (AFP) Posted: 06 Apr 2011 03:52 AM PDT AFP - European stock markets rose on Wednesday as investors in London focused on Britain's retail and manufacturing sectors on the eve of interest rate decisions from the Bank of England and ECB.

Natural gas drops after supply report; oil rises (AP) Posted: 07 Apr 2011 09:15 AM PDT AP - Natural gas tumbled more than 2 percent Thursday after the government reported that U.S. supplies dropped less than expected.

Rite Aid loss a bit smaller as revenue stabilizes (AP) Posted: 07 Apr 2011 08:33 AM PDT AP - Rite Aid Corp. said Thursday that its fourth-quarter loss was slightly smaller than a year earlier as its revenue stabilized after more than two years of declines.

Spain says will not be next domino after Portugal (AFP) Posted: 07 Apr 2011 09:04 AM PDT AFP - Spain strove to distance itself from Portugal's debt woes that have forced it to seek EU assistance, insisting on Thursday it would never ask for a similar bailout of its battered economy.

Mortgage rates for the past 52 weeks at a glance (AP) Posted: 07 Apr 2011 08:05 AM PDT AP - Mortgage rates for the past 52 weeks at a glance

With Portugal plea, Europe hopes crisis contained (AP) Posted: 07 Apr 2011 07:27 AM PDT AP - Portugal's request for a bailout could mark the moment that Europe finally contained its debt crisis.

Summary Box: Fixed mortgage rates inch up (AP) Posted: 07 Apr 2011 08:04 AM PDT AP - RATES NEARLY UNCHANGED: Freddie Mac said the average rate on a 30-year fixed mortgage rose to 4.87 percent from 4.86 percent the previous week. The average rate on the 15-year fixed mortgage increased to 4.10 percent from 4.09 percent.

World food prices fall for first time in eight months (AFP) Posted: 07 Apr 2011 08:59 AM PDT AFP - World food prices fell for the first time in eight months in March after record highs largely due to oil prices, though the situation remains volatile, the UN's food agency said on Thursday.

Few show up for start of first Wis. budget hearing (AP) Posted: 07 Apr 2011 09:18 AM PDT AP - Only about 200 people have shown up for the start of a public hearing on Wisconsin Gov. Scott Walker's budget plan that was moved to a university arena in anticipation of a much larger crowd.

Malaysia carmaker Perodua hit by Japan supply snag (AP) Posted: 07 Apr 2011 12:33 AM PDT AP - Malaysia's biggest automaker Perodua says its production of cars is being disrupted by a shortage of parts from Japan following last month's earthquake and tsunami.

The Audacity of Paul Ryan (BusinessWeek) Posted: 07 Apr 2011 05:08 AM PDT BusinessWeek - Paul Ryan, the House Budget Committee chairman, on Apr. 5 did something politicians seldom do: He stuck to principle. The fiscal conservative and Republican rising star stunned Washington with a 10-year budget blueprint that would shrink government, privatize the Medicare health program for seniors, turn Medicaid into a block grant to the states, and lower to 25 percent the top rate on corporate and individual taxes.

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