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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
May 22, 2013
Many Federal Reserve officials said more progress in the labor market is needed before deciding to slow the pace of asset purchases, according to minutes of their last meeting.
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By Craig Torres, Bloomberg |
May 22, 2013
Federal Reserve Chairman Ben S. Bernanke said the U.S. economy remains hampered by high unemployment and government spending cuts, and tightening policy too soon would endanger the recovery.
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By Silla Brush |
May 21, 2013
Chairman Gary Gensler’s recusal from the investigation into MF Global was unnecessary, according to the agency’s internal watchdog.
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By Whitney Kisling, Bloomberg |
May 21, 2013
Goldman Sachs Group Inc. said the U.S. stock-market rally may last at least another 2 1/2 years, sending the Standard & Poor’s 500 Index up 26% to 2,100.
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By Alex Kowalski, Bloomberg |
May 15, 2013
Wholesale prices in the U.S. dropped in April by the most in three years, reflecting a decrease in fuel costs that is helping underpin profits.
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By Stephen Kirkland and Pratish Narayanan |
May 15, 2013
The dollar index rose to the highest level in more than nine months amid speculation policy makers may curb stimulus.
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By Stephen Kirkland and Nikolaj Gammeltoft, Bloomberg |
May 8, 2013
Stocks rose, sending the Standard & Poor’s 500 Index to a record for a fifth day, amid better-than- projected earnings forecasts. European shares and metals gained as China’s trade and German industrial output beat estimates.
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By Shobhana Chandra, Bloomberg |
May 1, 2013
Manufacturing in the U.S. expanded in April at the slowest pace in four months, indicating the industry will contribute less to U.S. growth this quarter.
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By Alex Kowalski |
April 25, 2013
Applications for U.S. unemployment benefits fell to a six-week low, a sign the labor market is improving after a setback last month.
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By Alex Kowalski, Bloomberg |
April 19, 2013
Payrolls decreased in 26 U.S. states in March, showing the recent labor-market slowdown is being felt across the country. Jobless rates also dropped in 26 states last month.
