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By Joe Richter and Marina Sysoyeva, Bloomberg |
April 30, 2013
North American mills are sawing lumber at the fastest pace in six years after a recovering U.S. housing market, a beetle infestation in Canada and increasing Chinese demand drove the biggest price surge in two decades.
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By Jeanna Smialek, Bloomberg |
April 30, 2013
Confidence among U.S. consumers climbed more than forecast in April to a five-month high as Americans’ outlook for the economy and their incomes improved.
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By Susanne Walker, Bloomberg |
April 29, 2013
Federal Reserve policy makers may shift discussion away from when to reduce monetary stimulus, given data showing the economy is weakening, according to Pacific Investment Management Co.’s Mohamed A. El-Erian.
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By Daniel Kruger and Susanne Walker, Bloomberg |
April 29, 2013
Treasury 10-year-note yields traded at almost the lowest this year as U.S. personal spending slowed last month, signaling reduced economic growth and underpinning demand for the securities.
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By Matthew Brown and Whitney Kisling, Bloomberg |
April 29, 2013
Stocks climbed, with the Standard & Poor’s 500 Index returning above its record closing level, after U.S. home sales increased and investors speculated central banks will continue to stimulate the economy.
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By Whitney Kisling, Bloomberg |
April 29, 2013
U.S. technology stocks, the second-best industry of the past decade, have fallen to the cheapest levels in at least seven years and are vulnerable to more losses as analysts reduce second-quarter profit estimates.
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By Shobhana Chandra, Bloomberg |
April 29, 2013
Consumer spending in the U.S. rose more than projected in March, reflecting a jump in outlays for services that is unlikely to be repeated as the biggest part of the economy softens this quarter.
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By Alex Kowalski, Bloomberg |
April 29, 2013
More Americans than forecast signed contracts in March to buy previously owned homes, another indication of progress in the housing market.
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By Inyoung Hwang |
April 26, 2013
U.S. stocks, after rough start, end the day up slightly. J.C. Penney Co. gets surprise investor.
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By Debarati Roy |
April 26, 2013
Gold tumbled from the highest in more than week as the U.S. economy expanded less than forecast, driving commodities lower and crimping demand for the precious metal as a hedge against inflation.
