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Investors kicked off the new year by celebrating Congress' last-minute agreement on the deficit. All 30 Dow components and all 10 sectors of the S&P 500 tack on gains.
A political rift opened in Portugal after the president sent the 2013 budget to a court for review, an unusual move that highlights opposition to austerity.
Activity among euro-zone manufacturers continued to shrink in December, as factories across the bloc's biggest economies curbed output.
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Registrations of new cars fell to a 15-year low in France and hit a record low in Spain last year as a slump in auto demand brought on by Europe's enduring economic crisis continued in December.
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The Egyptian currency suffered further heavy losses and the cost of insuring Egyptian sovereign debt against default jumped as concerns intensified over economic and political turmoil in the country.
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Zipcar agreed to sell itself to auto-rental company Avis for about $500 million. The $12.25 a share purchase price is a 49% premium to the car-sharing service's closing price on Monday but a 32% discount to Zipcar's IPO price.
Amid a rush of newly affluent Chinese eager to move money out of China, U.S. and Canadian border officials are seizing large amounts of cash tucked into wallets, purses and suitcases at airports across North America.
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India's capital-markets regulator is taking steps to tame what has been one of the world's wildest IPO markets, with plans including forcing companies' founders to reimburse small investors for some losses.
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Royal Dutch Shell and emergency responders are preparing to send a salvage crew to an oil rig that ran aground off the coast of Alaska.
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Estonia's aggressiveness—and only recently, its success—in turning the corner against drug-resistant tuberculosis offers one of the few bright spots globally.
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Along with pledging to lose weight or kick the coffee habit, why not resolve to be a better manager in 2013?
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The Journal's technology columnist Walt Mossberg looks ahead at the technology trends of 2013 and what to expect.
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The failure to craft a grand bargain means that discussions about spending cuts and the debt ceiling will continue in 2013—potentially diminishing the time and goodwill Obama needs to pursue his policy priorities.
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With Venezuela focused on President Hugo Chávez's deteriorating health and the possibility of new elections if he dies, his government has held off on addressing growing strains in the economy.
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Throughout the London region, construction crews are beginning to build the largest addition to the city's public transportation system since World War II.
The challenge is finding the right balance of risk on a continent that always seems close to lurching off track.
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Dating back to the late 16th century, this six-bedroom home in Northhampshire, England, offers a slice of country life with almost an acre of land and a three-bedroom cottage.
In today's pictures, people ran into the North Sea in the Netherlands, people are killed in a stampede in Ivory Coast, a conductor leads a philharmonic orchestra in a silly get-up in Vienna, and more.
This restored seven-bedroom house close to Hyde Park was built in 1865 and extends across five floors.
This seven-bedroom house in Blackheath dates back to 1767 and was later the home of Princess Caroline of Brunswick, the estranged wife of the Prince Regent.
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