China's manufacturing sector stumbles

The pace of manufacturing expansion has slowed in China, according to HSBC. HONG KONG (CNNMoney) Global bank HSBC said its "flash" index of purchasing managers' sentiment fell to 50.4 in February from January's final reading of 52.3. Any reading...

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Spending cuts showdown may drag on

With just days before the spending cuts begin, there is little expectation President Obama and House Speaker John Boehner will make a deal. NEW YORK (CNNMoney) But there's no telling when. Funding for numerous federal agencies and programs will...

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Japan to tap Kuroda as next central bank governor

Haruhiko Kuroda is likely to be named the BoJ's next governor. HONG KONG (CNNMoney) After weeks of speculation, multiple Japanese media reports indicate that Prime Minister Shinzo Abe is preparing to select Asian Development Bank President Haruhiko...

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Marijuana dealers get slammed by taxes

Denver Relief, one of the largest marijuana dispensaries in Colorado, has an effective tax rate of around 50%, according to co-owner Kayvan Khalatbari. NEW YORK (CNNMoney) The hefty levy is the result of a 1982 provision to the tax code, known...

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U.K. vows to stick with austerity

Finance minister George Osborne says loss of AAA rating means cuts must continue LONDON (CNNMoney) Moody's cut its rating to Aa1 late Friday, saying growth would remain weak into the second half of the decade, making it harder for the government...

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Stocks: It's all international

Click on chart for more premarket data. NEW YORK (CNNMoney) Multiple Japanese media reports say that Prime Minister Shinzo Abe is poised to nominate an advocate of aggressive monetary easing to head the Bank of Japan. The yen fell to the lowest...

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Barnes & Noble chairman wants to buy company - but not the Nook

NEW YORK (CNNMoney) Riggio, who disclosed his plans in a filing with the Securities and Exchange Commission on Monday, did not name a price. Shares jumped 8% in early trading. Riggio is already the largest shareholder of Barnes & Noble (BKS,...

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Wall Street follows overseas markets higher

Click for more market data NEW YORK (CNNMoney) The Dow Jones industrial average and the S&P 500 both gained about 0.5%, while the Nasdaq advanced 0.6%. Multiple Japanese media reports say that Prime Minister Shinzo Abe is poised to nominate...

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HP takes cautious step into Android waters with new tablet

BARCELONA (CNNMoney) HP's bid to rejuvenate its flagging business is the Slate 7 -- which is not a premium-grade tablet, nor a remarkably cheap device. Instead, the $169 Slate 7 packs a 7-inch screen, 1024x600 resolution, a 1.6 GHz dual-core processor,...

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Adoption tax credit for same-sex couples

Sharon McGowan, left, and her wife Emily expect to receive an adoption tax credit of more than $2,000 after Sharon legally adopted their daughter. NEW YORK (CNNMoney) A tax credit for what is known as a "second parent adoption" grants qualifying...

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Rebuild your nest egg after divorce

Divorcing? Go for the pension, not the house. NEW YORK (Money Magazine) PART 5: MIDLIFE CHANGES The secret: Forget the house, go for the pension. Retirement plans often go by the wayside when your marital status changes. "As a married couple,...

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Maker's Mark won't water down whiskey, after all

Emerging markets are driving growth in the liquor business, and bourbon, with its sweeter taste, is appealing to consumers in countries like India. NEW YORK (CNNMoney) After an outpouring of outrage, Maker's Mark announced Sunday that it won't...

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Federal worker furloughs could start in April

Food inspectors at USDA will be among those who will likely face furloughs in April. WASHINGTON (CNNMoney) Unless Congress steps in, some $85 billion in massive spending reductions will hit the federal government, doling out furloughs to much of...

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Thailand's economy races ahead

Workers in Thailand pictured next to containers filled with rice. HONG KONG (CNNMoney) Thailand's economy expanded rapidly in the fourth quarter, with the government reporting gross domestic product growth of 18.9% compared to the previous year....

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32 days of higher gas prices comes at tough time

Gas prices have been rising due to higher oil prices, production cuts and refinery issues. Click chart for state-by-state data. NEW YORK (CNNMoney) That means that the average price for a gallon of regular unleaded gasoline has increased more...

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Six secrets to a dream retirement

Saving for retirement is easier if you spend a moment thinking about your future self. NEW YORK (Money Magazine) Hiding in plain view, however, are other keys to post-work bliss that are at least as important as savings rates and stock returns....

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Healthy living: Key to a happy retirement

Good health means you have to save a bit more -- but that's because you're living longer. NEW YORK (Money Magazine) PART 2: HEALTH The secret: A greasy burger is worse than a bear market. When it comes to retirement, good health cuts both ways....

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How to manage the second half of your career

Successfully managing your career after 50 lets you retire later with an improved financial outlook. NEW YORK (Money Magazine) PART 3: CAREER The secret: Success at 50 means a whole a new skill set. Nearly half of workers in their fifties expect...

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Balancing retirement with supporting adult children

Saving for retirement while supporting adult children and aging parents can be difficult. NEW YORK (Money Magazine) PART 4: THE FAMILY The secret: Know when to say no to the kids. The plan was to speed up on retirement saving once your kids...

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Don't let debt kill your retirement

Take steps to eliminate high-cost debt before you retire. NEW YORK (Money Magazine) PART 6: DEBT The secret: Burn the credit card, not the mortgage. Even longtime savers sometimes retire in the red, perhaps after getting pinched by a job loss...

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Do you need an investment adviser?

Once you start living off your savings, high investment fees make it more likely you'll deplete your retirement stash. NEW YORK (Money Magazine) Once you determine how much of a saver you are, you have several more decisions to make -- including...

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Pharmacist: Most equal job for men and women

NEW YORK (CNNMoney) Pharmacists are a fast-growing profession offering a six-figure salary -- and the pay is nearly equal for men and women. "The position of pharmacist is probably the most egalitarian of all U.S. professions today," Harvard economists...

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Firefighters, teachers face smaller retirement safety net

Many new state workers — ranging from police officers to street cleaners — will retire with fewer retirement benefits than their current counterparts. NEW YORK (CNNMoney) Facing ballooning bills and strained budgets, 45 states have either cut pension...

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Millions of credit reports have errors

NEW YORK (CNNMoney) As many as 42 million consumers have errors on their credit reports, and around 20 million have significant mistakes, a Federal Trade Commission study of nearly 3,000 credit reports to be released Monday indicates. "Errors in...

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Pope fell short in cleaning up finances

LONDON (CNNMoney) Independent experts say much progress has been made in a short period of time. But the Pope resigns with the Vatican still falling well short of its goal of inclusion on a "white list" of states and embroiled in an embarrassing row...

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Stocks hover below recent highs

Click for more market data. NEW YORK (CNNMoney) The Dow Jones industrial average and the S&P 500 and the Nasdaq were all down between 0.2% and 0.3%. Markets have had a good run so far in 2013. The Dow Jones industrial average and S&P...

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Make your money last all through retirement

NEW YORK (Money Magazine) Once you determine how much of a saver you are, you have several more decisions to make -- including how to safely draw down your retirement savings. Decision No. 5: How much can you draw from your savings? The decision:...

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How to use your retirement plans to lower your taxes

Having your retirement savings in a variety of accounts gives you more flexibility in managing your withdrawals and your tax bill. NEW YORK (Money Magazine) Once you determine how much of a saver you are, you have several more decisions to make...

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