NEW YORK - U.S. stocks rose on Friday after a stronger-than-expected payrolls report gave traders confidence that the economy could be healthy enough to withstand a scaling back of the Federal Reserve's stimulus.
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MILAN/ROME - The top investor in troubled Italian bank Monte dei Paschi di Siena said it would only support the lender's planned January share issue if it is postponed to the second quarter of next year, throwing the operation into doubt.
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The US economy grew even faster than initially thought in the third quarter, but possibly not in the most helpful way.