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WRAPUP 2-U.S. retail sales, jobs data show underlying economic strength
Reuters* Retail sales rise 0.6 percent in May * Core retail sales advance 0.3 percent * Weekly jobless claims fall to 334,000 * Data show economy regaining some strength By Lucia Mutikani WASHINGTON, June 13 (Reuters) - U.S. retail sales rose more than expected...Tags: Unemployment Benefits, Vehicles, Consumers, Services and Shopping, Unemployment Rate
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IMF says risks to successful Portugal bailout still high
ReutersBy Axel Bugge LISBON, June 13 (Reuters) - The International Monetary Fund said on Thursday Portugal's economic outlook was "somber" and its public debt condition "very fragile" although Lisbon has met the latest targets in its 78 billion euro bailout....Tags: Credit and Debt, Gross Domestic Product, Politics, Economic Policy, International Monetary Fund
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Auto dealers drive May retail sales up past expectations
Retail sales improved in May as thawing temperatures and more cheerful shoppers caused a boost at car dealerships and home improvement stores, according to government figures. Last month, the gauge rose 0.6% from April to $421.1 billion in sales -- a 4....
Tags: Vehicles, Money and Monetary Policy, Consumers, Services and Shopping, National Retail Federation
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Initial jobless claims drop to 334,000
WASHINGTON -- New jobless claims dropped more than expected last week, nearing a five-year low and continuing a downward trend this month that bodes well for the labor market. There were 334,000 people who applied for unemployment benefits for the first...
Tags: Unemployment Benefits, Employment, Federal Reserve, Employment Opportunities, Labor Markets
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WRAPUP 3-U.S. sales, jobs data show underlying economic strength
Reuters* Retail sales rise 0.6 percent in May * So-called core sales advance 0.3 percent * Weekly jobless claims fall to 334,000 * Data show economy regaining some strength By Lucia Mutikani WASHINGTON, June 13 (Reuters) - U.S. retail sales rose more than...Tags: Vehicles, Unemployment Benefits, Consumers, Services and Shopping, Employment
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Sales, jobs data show underlying economic strength
ReutersWASHINGTON (Reuters) - Retail sales rose more than expected in May and first-time applications for unemployment benefits fell last week, signs of economic resilience in the face of belt-tightening in Washington. The data on Thursday suggested rising home...Tags: Vehicles, Global Expansion, Unemployment Benefits, Consumers, Services and Shopping
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Italy sees no more fiscal tightening despite deficit problems
ReutersROME (Reuters) - A deeper-than-expected recession is hurting Italy's public finances but it can still keep the budget deficit below 3 percent of output without more fiscal tightening, Economy Minister Fabrizio Saccomanni said on Thursday. Saccomanni, a...Tags: Rome (Italy), Enrico Letta, Credit and Debt, Government, National Government
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Chapman forecasts modest O.C. job growth
There was some good news and bad news, for both Orange County and the nation, presented Wednesday morning during the midyear update of Chapman University's annual Economic Forecast. One tidbit of local good fortune? Construction jobs, fueled by a strong...Tags: Money and Monetary Policy, Consumers, Federal Reserve, Gross Domestic Product, CBS Corp.
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Spanish austerity cuts put lives at risk, study finds
Reuters* Researchers warn of spread of disease if cuts continue * Health workers say they are shocked, numbed by austerity By Kate Kelland LONDON, June 13 (Reuters) - Austerity cuts in Spain could lead to the effective dismantling of large parts of its...Tags: Tuberculosis, HIV, Science and Technology, Diseases and Illnesses, Financial Markets
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Czechs hope wealth-destroying floods can lift growth
ReutersBy Michael Winfrey PRAGUE, June 13 (Reuters) - Floods that have caused billions of euros in damage across central Europe may actually provide an economic boost for the Czech Republic, a country struggling to shrug off its longest recession in more than...Tags: Natural Disasters, Government, National Government, Angela Merkel, Romania
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Sour tone faces US bond markets after Japan rout
ReutersBy John Balassi June 13 (IFR) - Equity futures look bleak this Thursday morning following another rough outing for Japan's Nikkei index, which plunged over 6% overnight and is down around 20% in just three weeks. Recent bursts of volatility - and a lack...Tags: Shareholders, Stock Market, Quicksilver Resources Incorporated, BNP Paribas, Banking
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Connecticut's Economic Trend Worst In Nation
The Hartford CourantA report from the Bureau of Economic Analysis shows that Connecticut was last in economic growth last year, the only state in the nation where the combined value of goods and services produced shrank compared with 2011. The report measures GDP, the sum...Tags: Government, Business, National Government, Politics, Gross Domestic Product
Jun 13, 2013
|Story| Reuters
Jun 13, 2013
|Story| Reuters
Jun 13, 2013
|Story| Los Angeles Times
Jun 13, 2013
|Story| Los Angeles Times
Jun 13, 2013
|Story| Reuters
Jun 13, 2013
|Story| Reuters
Jun 13, 2013
|Story| Reuters
Jun 12, 2013
|Story| Daily Pilot
Jun 13, 2013
|Story| Reuters
Jun 13, 2013
|Story| Reuters
Jun 13, 2013
|Story| Reuters
Jun 7, 2013
|Story| Hartford Courant
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