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By Joshua Zumbrun and Jeff Kearns, Bloomberg |
May 2, 2013
The Federal Reserve said it will keep buying bonds at a monthly pace of $85 billion while standing ready to raise or lower purchases as economic conditions evolve.
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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, Bloomberg |
May 1, 2013
Companies added fewer workers than forecast in April, an indication the labor market has cooled along with the rest of the U.S. economy.
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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 Craig Trudell, Bloomberg |
April 24, 2013
Ford Motor Co., the second-largest U.S. automaker, reported first-quarter profit that exceeded estimates as the Fusion sedan bolstered record results for its North American operations.
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By Lindsay Fortado and Matthew Leising |
April 23, 2013
The U.K. Financial Conduct Authority has started an inquiry into how the so-called ISDAfix rate is set in British pounds.
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By Phil Milford and Tiffany Kary, Bloomberg |
April 23, 2013
Jon Corzine, the former head of bankrupt broker MF Global Holdings Ltd., was sued by the holding company’s trustee, Louis J. Freeh, for failing in his duty to oversee the company and causing the eighth-biggest bankruptcy in U.S. history.
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By Joe Richter, Bloomberg |
April 22, 2013
Hedge funds increased bets on gold rallying after prices plunged the most in 33 years, underscoring billionaire John Paulson’s view that bullion will rebound.
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By Nikolaj Gammeltoft and Stephen Kirkland, Bloomberg |
April 19, 2013
U.S. stocks rose, paring the biggest weekly drop for the Standard & Poor’s 500 Index since November, amid better-than-estimated earnings and Group of 20 nation talks aimed at bolstering the global economy.
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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.
