| U.S. Economy Headlines |
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| June inflation jumps, incomes barely rise
(Reuters)
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| Reuters - Consumer prices jumped at the
sharpest rate in more than a quarter century during June, and
consumers coping with soaring costs received their smallest
income gain in a year, the government said on Monday.
-- read full article |
| Mon, 04 Aug 2008 15:37:05 GMT - Yahoo! News: Economy News |
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| Lease or buy? Tough market complicates choice
(AP)
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| AP - The decision-making process on whether to lease or buy a car has been altered by automakers' scaling back their leasing operations under pressure from high gas prices, making leases less available and much more expensive in many cases. -- read full article |
| Mon, 04 Aug 2008 16:29:23 GMT - Yahoo! News: Economy News |
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| In a shift, Obama says tap oil reserves
(Reuters)
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| Reuters - Barack Obama proposed on
Monday tapping the strategic oil reserve to help lower gas
prices, a reversal of an earlier stance, and called rival John
McCain a tool of big oil companies as rising energy costs took
center stage in the U.S. presidential campaign.
-- read full article |
| Mon, 04 Aug 2008 17:35:39 GMT - Yahoo! News: Economy News |
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| S&P emails slammed mortgage debt products: report
(Reuters)
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| Reuters - Analysts at Standard & Poor's Rating
Services warned against mortgage-related debt products in
internal e-mails that, in one case, called the complex
financial deals "ridiculous," the Wall Street Journal reported
in its weekend edition. -- read full article |
| Sat, 02 Aug 2008 16:36:36 GMT - Yahoo! News: Economy News |
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| Jobless rate climbs as 51,000 jobs vanish
(AP)
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| AP - Stores, factories and other businesses large and small showed workers the door last month, sending unemployment to its highest rate in four years and adding to the evidence an economic recovery remains far off.
-- read full article |
| Fri, 01 Aug 2008 21:09:52 GMT - Yahoo! News: Economy News |
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| Economy - Friday
(Investor's Business Daily)
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| Investor's Business Daily - ECRI's future inflation gauge hit a 6-year low in July, falling to 112.4 from June's 114.9. The data show that the inflation outlook is cooling, consistent with a shallow recession, ECRI says. The group says this will allow the Fed to hold rates and let the economy heal. Construction spending falls 0.4% -- read full article |
| Fri, 01 Aug 2008 22:48:45 GMT - Yahoo! News: Economy News |
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