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Economy - Page 12

A motorist fills up gas
(Photo by Cameron Spencer/Getty Images)

US Wholesale Prices Fell 0.2 Percent in October

Wholesale inflation fell in October as a big drop in gasoline and other energy prices offset a rise in the cost of food.

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Traders work on the floor of the New York Stock Exchange
Andrew Burton/Getty Images

Another Weak Open on Wall Street; JC Penney Slides

Stocks are opening mostly lower on Wall Street, extending the market's slide to a third day.

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A "House For Sale" sign is visible in front of an existing home
Tim Boyle/Getty Images

Average Rate on 30-year Loan Rises to 3.40 Pct.

The average U.S. rate on the 30-year fixed mortgage was little changed this week, staying slightly above its record low. Cheaper mortgages are helping drive a modest housing recovery.

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A cargo ship enters the harbour
Mark Dadswell/Getty Images

US Trade Deficit Narrows to $41.5 Billion

The U.S. trade deficit declined to the lowest level in almost two years as exports rose to a record high, a gain that is not expected to last given the global economic slowdown.

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A man walks in front of the New York Stock Exchange
Mario Tama/Getty Images

Stocks Slide as Europe Slashes Its Growth Forecast

Stocks are opening sharply lower on Wall Street following the presidential election and dire warnings from Europe that a broad recession there is now all but certain.

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A "House For Sale" sign is visible in front of an existing home
Tim Boyle/Getty Images

Sales Contracts to Buy US Homes Rose Last Month

Slightly more Americans signed contracts last month to buy homes, an increase that signals further gains in the housing recovery.

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A "House For Sale" sign is visible in front of an existing home
Tim Boyle/Getty Images

US New Home Sales Rise to Highest in 2-1/2 years

Sales of new U.S. homes jumped last month to a seasonally adjusted annual rate of 389,000, the highest level since a homebuyer's tax credit boosted sales in April 2010.

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A "House For Sale" sign is visible in front of an existing home
Tim Boyle/Getty Images

U.S. Home Sales Dip 1.7 Percent on Tight Inventory

Americans bought fewer previously occupied homes in September after hitting a two-year high in August.

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Unemployment
Clipart

US Unemployment Aid Applications Jump to 388K

Weekly applications for U.S. unemployment benefits jumped 46,000 last week to a seasonally adjusted 388,000, the highest in four months.

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Manufacturing (FILE)

US Industrial Output Rises but Factories Stay Weak

U.S. industrial production increased only modestly in September, held back by weak growth in factory output.

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