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Financial markets are becoming unhooked from economic fundamentals, officials warned in Japan and South Korea, as policy makers monitor the dangers posed by any Greek exit from the euro region.

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President Bill Clinton on Tuesday said those running for office should make reaching a debt deal the top campaign issue in the fall’s elections.
"I think this budget issue should become front and center in this election, Clinton said on Tuesday at a fiscal summit sponsored by the Peter G. Peterson Foundation.

"As soon as this […]

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Coty Inc. says it is withdrawing its $10.7 billion offer to buy Avon.
Coty announced its decision in a letter to Avon’s board a day after Avon said it would consider the offer. The letter was made public late Monday.
Avon’s response Sunday came two months after Coty made its original offer and Avon executives asked for […]

The struggling countries of Europe have cut spending for two years in hopes of averting financial catastrophe and persuading bond investors to buy their debt.
But the world’s most influential bond investor thinks it won’t work.
Bill Gross, manager of Pimco’s $252 billion Total Return Fund, the largest mutual fund, says that countries can’t simply cut their […]

U.S. companies in March posted the highest number of job openings in nearly four years, a sign that hiring could strengthen in the coming months after slowing this spring.
The Labor Department says employers advertised 3.74 million job openings in March. That’s up from a revised 3.57 million in February. The March figure was the highest […]

Partial results and polling agency projections suggest Socialist Francois Hollande has won France’s presidential election against conservative incumbent Nicolas Sarkozy.
A Hollande victory could change how Europe tackles its debt crisis _ with more stimulus and less austerity.
With about half of the nationwide votes counted in Sunday’s race, official results showed Hollande with 50.8 percent to […]

Senior officials in Turkmenistan say the energy-rich Central Asian nation plans to sign a natural gas sales agreement with Afghanistan, Pakistan and India later this month.
The deal would mark a decisive move toward construction of a landmark pipeline crossing the four nations that backers hope will meet energy demands across the region.
Two high-ranking officials, who […]

Enterprise Financial Corp. said its first-quarter profit rose 50 percent, to $6.2 million, or 31 cents per share, compared with $4.1 million, or 23 cents per share, in the corresponding period of 2011. Clayton-based Enterprise Financial, the holding company for Enterprise Bank & Trust, said non-performing loans totaled $47 no fax payday loans.2 million, or […]

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Romania’s government fell Friday in a no-confidence vote, as opposition parties seized on widespread public anger over biting austerity measures, cronyism and corruption.
Some 235 lawmakers voted against the government of Prime Minister Mihai Razvan Ungureanu, four more votes than needed.
Opposition leader Victor Ponta said the vote represented the end “of an abusive system that uses […]