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By Tsuyoshi Inajima and Sally Bakewell, Bloomberg |
February 20, 2013
Japanese Prime Minister Shinzo Abe will ask U.S. President Barack Obama to allow shale gas exports as the world’s third-largest economy grapples with soaring energy costs after 2011’s nuclear disaster closed reactors.
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By Shobhana Chandra, Bloomberg |
January 30, 2013
The economy in the U.S. unexpectedly shrank in the fourth quarter, restrained by the biggest plunge in defense spending in four decades and dwindling inventory growth, as household purchases picked up.
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By Alex Kowalski, Bloomberg |
December 20, 2012
The U.S. economy grew at a 3.1 percent annual rate in the third quarter, more than previously reported, reflecting the first gain in state and local government spending in three years, more consumer purchases and a smaller trade gap.
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By Lorraine Woellert, Bloomberg |
December 14, 2012
The cost of living fell more than forecast in November as energy prices dropped, a sign U.S. inflation remains in check.
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By Michael P. Regan and Will Hadfield, Bloomberg |
December 14, 2012
Commodities rose after the biggest rally in Shanghai’s benchmark stock index in three years as manufacturing reports in China and the U.S. fueled optimism in the economy.
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By Shobhana Chandra, Bloomberg |
December 13, 2012
Retail sales in the U.S. rose in November as demand for automobiles rebounded and holiday shoppers snapped up electronics and clothes.
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By Bill Gross |
December 4, 2012
Well, I guess that settles it: you didn’t build that after all. Or maybe you did, but not all of it. Or maybe like the convoluted John Lennon above “you think you know a yes, but it’s all wrong. That is you think you disagree.”
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By Alex Kowalski, Bloomberg |
November 30, 2012
Spending by U.S. consumers unexpectedly declined and incomes stagnated in October as superstorm Sandy kept those in the Northeast from getting to work or from shopping at malls and car dealerships.
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By Michelle Jamrisko and Shobhana Chandra, Bloomberg |
November 15, 2012
More Americans than forecast submitted claims for unemployment insurance last week as superstorm Sandy wreaked havoc on the job market.
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By Alex Kowalski, Bloomberg |
October 16, 2012
The cost of living in the U.S. rose in September for a second month, reflecting a jump in energy expenses that failed to trickle through to other goods and services.
