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By Lynn Adler 1 hour, 8 minutes ago NEW YORK (Reuters) - Pending sales of existing U.S. homes unexpectedly jumped in August to the highest in over a year, data from a real estate trade group showed on Wednesday.
The National Association of Realtors Pen..
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By David Lawder 1 hour, 59 minutes ago WASHINGTON (Reuters) - U.S. consumer borrowing fell for the first time in more than a decade in August amid tighter credit markets, tougher lending standards and declining consumer spending, a Federal Reserve repor..
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Wed Oct 1, 5:22 AM ET FRANKFURT (AFP) - German retail sales posted a surprise jump in August as energy prices eased, but analysts were divided over whether the boost would prevent Europe's biggest economy from falling into recession.
Sales posted a str..
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By Glenn Somerville 13 minutes ago WASHINGTON (Reuters) - Hard-pressed U.S. consumers curbed their spending during August despite an unexpected jump in incomes, according to a government report on Monday that implied worry about the economy's direction..
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1 hour, 37 minutes ago WASHINGTON (Reuters) - Sales of new U.S. single-family homes in August fell to its lowest point in more than 17 years while prices hit four-year lows, a government report on Thursday showed, in a sign of continued weakness in the..
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By Glenn Somerville Tue Sep 16, 9:04 AM ET WASHINGTON (Reuters) - Consumer prices dropped 0.1 percent in August, the first decline in nearly two years as energy costs fell in a sign that a slowing global economy is relieving some inflation pressures, go..
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by Veronica Smith 2 hours, 12 minutes ago WASHINGTON (AFP) - US retail sales fell 0.3 percent in August as a government fiscal stimulus faded, with strong automobile sales helping offset a steeper decline, the Commerce Department said Friday.
The figur..
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By Glenn Somerville 1 hour, 14 minutes ago WASHINGTON (Reuters) - Retail sales fell for a second month in a row in August, the government said on Friday, raising fears that faltering consumer spending was heightening the chances of a recession.
However..
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Thu Sep 11, 12:25 AM ET NEW YORK (Reuters) - U.S. retail sales excluding cars rose in August but at a slower pace, as high gasoline and food prices cut into spending on other goods and services, a private report released on Thursday showed.
Consumer sp..
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17 minutes ago NEW YORK (Reuters) - U.S. stock futures sharply extended losses on Friday as a government report showed the U.S. economy shed 84,000 jobs in August, significantly more than economists had expected, and the unemployment rate climbed to a 4..
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25 minutes ago WASHINGTON (Reuters) - The U.S. unemployment rate unexpectedly shot up to 6.1 percent in August, its highest in more than 4-1/2 years, as employers cut payrolls for an eighth straight month and labor markets showed signs of accelerating d..
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By ANNE D'INNOCENZIO, AP Business Writer 14 minutes ago NEW YORK - Many of the nation's retailers struggled with a sluggish back-to-school season, though Wal-Mart posted higher August sales Thursday as shoppers focused on buying essentials amid worries..
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38 minutes ago NEW YORK (Reuters) - Private employers cut 33,000 jobs in August, according to a private report by ADP Employer Services released on Thursday.
The median of estimates from economists surveyed by Reuters was for the ADP report to show a d..
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34 minutes ago NEW YORK (Reuters) - Wal-Mart Stores Inc (WMT.N) said August sales at U.S. stores open at least a year rose a better-than-expected 3 percent and gave an optimistic forecast for September as shoppers seek low prices on groceries and school..
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By Karen Jacobs 1 hour, 3 minutes ago ATLANTA (Reuters) - Major U.S. retailers are expected to post softer August sales as consumers spent less on back-to-school items, with the results helping to set analysts' expectations for the all-important holiday..
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By The Associated Press 32 minutes ago Early reports from several retailers show a sluggish start to the back-to-school season. Here is a snapshot of some of the same-store sales results announced Wednesday, a day before a majority of merchants are expe..
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16 minutes ago DETROIT (Reuters) - Nissan Motor Co (7201.T)(NSANY.O) said on Wednesday its U.S. sales rose 13.6 percent in August to 108,493 vehicles, as easing gasoline prices increased demand for large trucks and SUVs.
Nissan-brand sales were up 14.2..
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By David Bailey 2 hours, 50 minutes ago DETROIT (Reuters) - Automakers are expected to post a 10th consecutive month of U.S. sales declines on Wednesday as incentives on slow-selling trucks and SUVs and General Motors Corp's (GM.N) employee pricing prom..
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By Paritosh Bansal Wed Sep 3, 4:29 AM ET NEW YORK (Reuters) - Hedge fund manager Ospraie Management LLC will close its flagship fund after it plunged 27 percent in August on losses in energy, mining and natural resources equity holdings, in one of the b..
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1 hour, 18 minutes ago NEW YORK (Reuters) - Factory activity unexpectedly shrank slightly in August while inflation pressures also eased, according to an industry report released on Tuesday.
The Institute for Supply Management said its index of nationa..
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