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News Summary: Conference Board sees data diversion

By The Associated Press
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POSSIBLE DATA DIVERSION: The Conference Board will no longer provide its economic reports in advance to news organizations because it suspects the data is being diverted early to computer-driven trading systems, which can unfairly profit from it.

END TO EARLY ACCESS: The private research group has long provided the monthly data to reporters 30 minutes before its public release, allowing them to prepare news reports ahead of the 10 a.m. Eastern time release. Starting Tuesday, the data will be released to everyone simultaneously.

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