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By Jeanna Smialek and Lorraine Woellert, Bloomberg |
June 18, 2013
Builders began work on more U.S. houses in May and permits for new single-family homes rose to a five-year high as residential real estate underpins an economy that’s generating little inflation.
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By Timothy R. Homan and Chris Strohm, Bloomberg |
June 18, 2013
Intelligence-gathering efforts by the U.S. have helped prevent more than 50 terrorist attacks in more than 20 countries, including one planned at the New York Stock Exchange, government officials said.
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By Mathieu Rosemain, Bloomberg |
June 18, 2013
European car sales fell to a 20-year low in May as record joblessness caused by a recession in the euro area reduced demand at PSA Peugeot Citroen, Renault SA, Fiat SpA and General Motors Co.
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By Jeanna Smialek, Bloomberg |
June 18, 2013
Beginning construction of new U.S. homes increased in May and permits to build single-family houses rose to a five-year high, extending a rebound that is helping shore up the expansion.
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By Matthew Leising, Bloomberg |
June 18, 2013
The probe of Libor manipulation is proving to be the tip of the iceberg as inquiries into assets from derivatives to foreign exchange show that if there’s a chance to rig benchmark rates in world markets, someone is usually willing to try.
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By Lorraine Woellert, Bloomberg |
June 18, 2013
The cost of living in the U.S. rose less than forecast in May, restrained by the first drop in food prices in almost four years and signaling inflation remains under control.
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By Lindsay Fortado, Bloomberg |
June 18, 2013
The former UBS AG trader at the center of a global investigation into manipulation of interest rates may face criminal charges this week.
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By Nandini Sukumar, Bloomberg |
June 18, 2013
European antitrust regulators reportedly have lodged no objections to IntercontinentalExchange Inc.’s takeover of NYSE Euronext.
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By Marvin G. Perez and Alan Bjerga, Bloomberg |
June 17, 2013
The U.S. Department of Agriculture plans to spend about $38 million to buy domestic sugar in a bid to ease a glut that sent prices plunging this month to a four- year low.
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By Ben Bain and Jonathan Levin, Bloomberg |
June 17, 2013
Mexico’s peso is losing its status as the best carry-trade currency for Japanese investors as the Bank of Japan signals reluctance to boost stimulus while the Federal Reserve weighs curbing its asset purchases.