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Liberia's finance minister urges calm over currency crisis

Liberia's finance minister warned against panic on Wednesday after being summoned to parliament to explain a crash in the value of Liberia's currency against the US dollar. "Let's be careful about what we say about the economy. Inflation, ladies and gentlemen, is not out of control," Amara Konneh told lawmakers, while adding that the government was "concerned" about the trend. The exchange rate has increased from 60 Liberian dollars (LRD) for a US dollar to 87 in less than a year, causing alarm over spiralling living costs.

Target hackers remain hidden behind shadowy, multi-layered black market, experts say

NEW YORK, N.Y. - It doesn't surprise experts that some debit and credit card numbers stolen from Target's computer systems may have surfaced among nearly 100 fake credit cards seized by police in Texas this week. Even so, they say the bust is unlikely to lead authorities directly to the hackers behind the breach, given the vast, labyrinthine nature of the global market for stolen data.

Target hackers remain hidden behind shadowy, multi-layered black market, experts say

NEW YORK, N.Y. - It doesn't surprise experts that some debit and credit card numbers stolen from Target's computer systems may have surfaced among nearly 100 fake credit cards seized by police in Texas this week. Even so, they say the bust is unlikely to lead authorities directly to the hackers behind the breach, given the vast, labyrinthine nature of the global market for stolen data.

Toronto stock market up amid heavy slate of earnings news, rising gold stocks

TORONTO - Rising gold stocks helped push the Toronto stock market higher Friday on top of three straight days of advances that have left the TSX at its highest level since April 2011. The S The Canadian dollar slid 0.42 of a cent to 91.11 cents US. U.S. indexes were mixed amid U.S. earnings reports from a variety of sectors and economic data showing rising industrial production and declining housing starts. The Dow Jones industrials rose 41.55 points to 16,458.56, the Nasdaq fell 21.11 points to 4,197.58 and the S

Miners push TSX higher, Bombardier plunges 8% on CSeries launch delay

TORONTO - The Toronto stock market racked up a solid advance Thursday, due in large part to a jump in the mining sector. The S Bombardier (TSX:BBD.B) shares plunged 35 cents or 7.74 per cent to $4.17 after the company announced the delay concerning its new CSeries aircraft. Volume was very heavy at 35.7 million shares, about seven times the issue's daily average of about five million.

Major misses on employment send Canadian dollar tumbling almost half a cent

TORONTO - The Canadian dollar dropped sharply Friday, falling well below 92 cents US amid major disappointments on Canadian and U.S. jobs data. The loonie was well off the worst levels of the session but still down 0.42 of a cent at 91.73 cents US. Earlier it fell to 91.36 cents US, its lowest level since September 2009. Statistics Canada reported that the economy shed 45,900 jobs last month, a major miss as economists had expected it to have created about 14,600 jobs in December. The jobless rate came in at 7.2 per cent, up from 6.9 per cent in November.

US dollar slips after poor December PMI numbers

The US dollar fell against the euro Monday in the wake of survey data showing a sagging services sector in the US economy last month. At 2200 GMT the euro was at $1.3629, compared with $1.3586 late Friday. The dollar also fell to 104.19 yen from 104.85 yen, while the euro slipped to 142.02 yen from 142.44. The ISM purchasing managers index for the US services sector fell to 53.0 from 53.9 in November, the slowest pace of growth during 2013. The index was at 55.2 in January 2013. A number above 50 denotes expansion.

US dollar slips after poor December PMI numbers

The US dollar fell against the euro Monday in the wake of survey data showing a sagging services sector in the US economy last month. At 2200 GMT the euro was at $1.3629, compared with $1.3586 late Friday. The dollar also fell to 104.19 yen from 104.85 yen, while the euro slipped to 142.02 yen from 142.44. The ISM purchasing managers index for the US services sector fell to 53.0 from 53.9 in November, the slowest pace of growth during 2013. The index was at 55.2 in January 2013. A number above 50 denotes expansion.

Canadian dollar ends 2013 with higher close but return to parity likely far off

TORONTO - The Canadian dollar closed higher Tuesday at the end of a year in which the loonie fell below parity with the U.S. dollar, with little expectation it will regain that level any time soon. The loonie rose 0.04 of a cent to 94.02 cents U.S. for a loss of 6.4 per cent during 2013. The currency started the year at 100.51 cents U.S. but by early February the dollar had slipped below parity and closed as low as 93.42 cents on Dec. 27, its lowest close since early August 2010.

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___ Tablets a hit with kids, but experts worry NEW YORK (AP) — Tablet computers are so easy to use that even a 3-year-old can master them. And that has some pediatricians and other health experts worried. Since navigating a tablet generally doesn't require the ability to type or read, children as young as toddlers can quickly learn how to stream movies, scroll through family photos or play simple games.
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