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By Chris Burritt, Bloomberg |
May 21, 2013
Home Depot Inc., the largest U.S. home-improvement retailer, posted first-quarter profit that topped analysts’ estimates and raised its forecast for earnings this year as the housing rebound boosts renovation spending.
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By Michelle Jamrisko and Aki Ito, Bloomberg |
May 20, 2013
Federal Reserve Bank of Chicago President Charles Evans said the U.S. economy has improved “quite a lot” as the central bank maintains record stimulus.
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By Nikolaj Gammeltoft, Bloomberg |
May 16, 2013
U.S. stocks fell, after the Standard & Poor’s 500 Index extended a record yesterday, after a Federal Reserve official said the central bank may slow the pace of stimulus as early as this summer amid disappointing economic reports.
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By Lorraine Woellert, Bloomberg |
May 16, 2013
Starts of new U.S. homes fell more than forecast in April to a five-month low, indicating a pause in the industry’s progress as builders slowed work on apartments. Building permits surged to an almost five-year high.
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By Shobhana Chandra and Alex Kowalski, Bloomberg |
May 16, 2013
More Americans than projected filed applications for unemployment benefits last week, which may raise concern the slowdown in economic growth is prompting an increase in firings.
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By Shobhana Chandra, Bloomberg |
May 15, 2013
Industrial production declined in April by the most in eight months, reflecting broad-based cutbacks in U.S. manufacturing that show factories will provide little support for the economy.
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By Susanne Walker, Bloomberg |
May 14, 2013
Treasury 10-year note yields reached seven-week highs as speculation the Federal Reserve may consider tapering its record bond-purchase program crimped demand for the securities as equities indexes traded at record levels.
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By Anthony Lazzara |
May 13, 2013
The U.S. bond market has really started to show some interesting behavior, with the U.S. 30-year continuing its slide from last week this morning.
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By Ari Altstedter, Bloomberg |
May 13, 2013
The Canadian dollar advanced versus the majority of it 16 most-traded peers after April retail sales unexpectedly rose in the U.S., Canada’s biggest trading partner.
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By Shobhana Chandra, Bloomberg |
May 13, 2013
Retail sales in the U.S. unexpectedly rose in April reflecting broad-based gains that may ease concern consumers are holding back.
