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By Lu Wang and Inyoung Hwang, Bloomberg |
May 21, 2013
U.S. stocks rose, erasing earlier losses, after Federal Reserve Bank of St. Louis President James Bullard said the central bank should continue its bond buying to boost growth that is slower than expected.
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By Chris Burritt, Bloomberg |
May 21, 2013
Best Buy Co., the world’s largest consumer-electronics retailer, posted an $81 million first-quarter net loss as the company lowers prices to compete with online rivals.
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By Lu Wang, Bloomberg |
April 30, 2013
U.S. stocks fluctuated between gains and losses, with the Standard & Poor’s 500 Index trading near a record high, as a rise in consumer confidence offset a drop in business activity and investors weighed earnings data.
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By Stephen Kirkland and Nikolaj Gammeltoft, Bloomberg |
April 4, 2013
U.S. stocks advanced, rebounding from yesterday’s drop, as central banks in Japan and Europe reassured investors that they will keep economies awash in cash to bolster growth.
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By Whitney Kisling, Bloomberg |
March 29, 2013
The Standard & Poor’s 500 Index’s record rally probably has another year to go as investors give up their pessimism and buy, according to Laszlo Birinyi, one of the first money managers to tell clients to buy before the bull market began.
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By Sarah Pringle, Bloomberg |
March 13, 2013
U.S. stocks rose, sending the Dow Jones Industrial Average to its longest rally since 1996, as data showing retail sales increased in February by the most in five months bolstered optimism in the world’s largest economy.
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By Inyoung Hwang and Sarah Pringle, Bloomberg |
March 6, 2013
U.S. stocks rose, extending the Dow Jones Industrial Average’s record high, as a private jobs report showed companies took on more workers than estimated and the Federal Reserve said the economy is growing.
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By Nikolaj Gammeltoft and Sarah Pringle, Bloomberg |
February 19, 2013
U.S. stocks rose, sending the Standard & Poor’s 500 Index to its highest level in five years, on optimism over dealmaking and data showing rising investor confidence in Germany.
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By Jeanna Smialek, Bloomberg |
January 18, 2013
Confidence among American households unexpectedly fell to a one-year low in January, as higher payroll taxes create a risk that the biggest part of the economy will slow in early 2013.
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By Michelle Jamrisko, Bloomberg |
January 16, 2013
The cost of living was little changed in December, capping the third-smallest annual gain in the past decade, indicating U.S. inflation remains at bay.