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NEW YORK (Reuters) - Mid-Atlantic factory activity declined less rapidly in August while weekly jobless claims fell, in two reports on Thursday that revealed morsels of good news in an otherwise bleak economic environment.
However, an index of leading e..
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Major business events and economic events scheduled for Thursday:
JACKSON HOLE, Wyo. -- Kansas City Federal Reserve Bank economic symposium opening dinner at 7 p.m.
WASHINGTON -- Labor Dept. reports weekly jobless claims, 8:30 a.m.
WASHINGTON -- Freddi..
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BERLIN (AP) -- German investor confidence recovered in August from a 16-year low the month before, rising unexpectedly by 8.4 points as fears of an economic downturn in Europe's biggest economy appeared to ease, a key survey released Tuesday found.
The r..
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David Goodboy is Vice President of Marketing for a New York City based multi-strategy fund.
Another round of conflicting company and economic news this week tossed the markets severely in both directions. Inflation fears, quickly dropping oil prices, neg..
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CARACAS, Venezuela (AP) -- Venezuelan economists say gains in bank lending slowed sharply in the first seven months of 2008.
A report by economic consulting firm Softline Consultores says outstanding loans grew 12.5 percent between January and July to $5..
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NEW YORK (AP) -- Treasury prices extended their gains Friday as oil prices dipped and economic data suggested that the U.S. economy remains sluggish.
Oil's drop has signaled to many investors that inflation pressures might be lifting soon. Crude oil, dow..
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NEW YORK (Reuters) - Stock index futures fell on Thursday following economic data that showed consumer price pressures mounted in July, fanning inflation concerns.
In a separate report, the government reported that the number of people filing new claims..
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LONDON (AP) -- The Bank of England said Wednesday that it expects inflation to soar to 5 percent on the back of surging energy and food prices, and predicted a year of economic stagnation as Britain goes through a "difficult and painful adjustment" after..
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Treasury prices fell Monday on a day devoid of any economic reports, as investors sold off after last week's multi-billion dollar bond auction.
The benchmark 10-year note fell 8/32 to 100 14/32, and its yield rose to 3.97%. Bond prices and yields move in..
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YOUNGSTOWN, Ohio (AP) -- Democrat Barack Obama blamed Republican energy policies for some of the nation's economic woes Tuesday as his GOP rival John McCain advocated a large expansion of nuclear power.
Both candidates roamed the economically depressed R..
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WASHINGTON (AP) -- The Federal Reserve's most aggressive rate-cutting campaign in decades so far has failed to lift the country out of its economic doldrums. The Fed, which started ratcheting down rates last September, halted the campaign in June, citing..
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DENVER (AP) -- The nation's mining industry is mired in summer doldrums after a long and profitable run, dragged down by volatile prices and fears of a global economic slowdown.
Share of coal, gold and copper mining companies have fallen, some drasticall..
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WASHINGTON (Reuters) - Tight-fisted consumers wary of anemic economic growth opened their wallets between May and July and spent their economic stimulus checks, a recent study has found.
"Our findings underscore the potency of the economic stimulus paym..
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WASHINGTON (AP) -- Democrat Barack Obama is telling economic advisers he would move "rapidly and vigorously" to put in place new incentives to revive an economy that's losing jobs and ailing on almost every front.
Obama said, "I believe that more action..
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WASHINGTON (AP) -- The White House on Monday lowered its forecast for economic growth this year and next and said unemployment is likely to rise as housing and financial debacles along with high energy prices take their toll.
Under the Bush administratio..
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BEIJING (AP) -- Chinese leaders declared Friday that fighting inflation will remain their top economic priority, state television reported, despite suggestions that slowing growth and weakening exports might prompt them to ease tight monetary controls.
I..
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An oil price decline deepened Friday after two stronger-than-expected economic reports calmed nervous investors. Lingering concerns over a drop in demand also pressured prices lower.
Light, sweet crude for September delivery fell $1.83 to $123.66 a barre..
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WASHINGTON (Reuters) - The United States faced increasing inflationary pressures in recent weeks amid slowing economic growth, the Federal Reserve said on Wednesday, as it described conditions in some areas as "grim," "morose" or "bleak."
The gloomy Fed..
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DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ba5e4f/india_the_emergin) has announced the addition of the "India: The Emerging Giant" report to their offering.
India is not only the world's largest and..
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Economic reports remained weak last week. Housing starts are still falling and retail sales growth has ebbed. Manufacturing activity had been holding up relatively well, but the Fed's industrial production report and a regional purchasing managers' survey..
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