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Criminal probe leads Labor Dept. to change data releases
Federal criminal and civil investigators looked into possible leaks of economic data that the U.S. government provides early to news organizations, according to a report released Tuesday by the Labor Department. The report says Labor officials raised concerns about self-identified news organizations that primarily serve high-speed stock traders. It notes that high-speed traders can profit from having the data even a split-second before its public release. The department in May revoked access for a handful of companies that deliver data to high-speed traders but produce little or no original news content. Among them ... (full story)
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