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Economy

Economy

A man walks by the New York Stock Exchange
(Photo by Spencer Platt/Getty Images)

Stocks Open Mixed Following Disarray in Italy

Stocks are opening mixed on Wall Street after the surprise resignation of Italy's prime minister sent a jolt through European markets.

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Unemployment Down (FILE)
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Economy Adds 146K Jobs, Unemployment Rate Falls to 4 Year Low

U.S. hiring gains held steady in November despite disruptions from Superstorm Sandy and employers' concerns about impending tax increases from the year-end "fiscal cliff."

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Barn
Sand Creek Post and Beam

Company That Makes Barn Kits Expanding into South Dakota

A Nebraska-based company that makes kits for building traditional barns is expanding into South Dakota.

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Soldiers (FILE)
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‘Fiscal Cliff’ Offers Hint at More Defense Cuts

House Republicans' "fiscal cliff" counteroffer to President Barack Obama hints at billions of dollars in military cuts on top of the nearly $500 billion that the White House and Congress backed last year.

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Manufacturing (FILE)

US Productivity Revised Up to 2.9 Percent Rate

U.S. workers were more productive this summer than initially thought, while costing their companies less.

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Category: US/World Tags: , ,
New Home Sales Increase Despite Rising Mortgage Rates
Justin Sullivan/Getty Images

US Home Prices Rise in October by Bost in 6 Years

A measure of U.S. home prices rose 6.3 percent in October compared with a year ago, the largest yearly gain since July 2006. The jump adds to signs of a comeback in the once-battered housing market.

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Category: US/World Tags: ,
Cash Register (FILE)
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Sandy Holds Back US Consumer Spending, Pay in October

Americans cut back on spending last month and saw no growth in their income, reflecting disruptions from Superstorm Sandy.

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Category: US/World Tags: ,
Gasoline pumps are seen a Shell filling station
(Photo by Tim Boyle/Getty Images)

Oil Rises on Hopes of Avoiding ‘Fiscal Cliff’

The price of oil is up by more than $2 a barrel on optimism that a deal to avert a so-called fiscal cliff will be reached before year's end.

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Manufacturing (FILE)

US Economy Grew at 2.7 Percent Rate in Summer

The U.S. economy grew at a faster 2.7 percent annual rate from July through September, although the strength may fade in the final months of the year.

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Category: US/World Tags:
New Home Sales Increase
Justin Sullivan/Getty Images

US Sales of New Homes Dip 0.3 Percent in October

U.S. sales of new homes fell slightly in October and the September sales pace was slower than initially thought.

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