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Inflation moderates in 2006, wages up
Jan 18 2007 8:18PM (CT)
WASHINGTON (AP) - Inflation in 2006 eased to the slowest pace in three years as consumers finally got some relief on energy and medical bills. In further good news, inflation-adjusted wages rose at the fastest clip in nearly a decade.
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Mortgage rates rise to November levels
Jan 18 2007 12:33PM (CT)
WASHINGTON (AP) - Rates on 30-year mortgages rose this week to the highest level in nine weeks as financial markets reacted to a series of more upbeat financial reports.
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Housing construction rises for 2nd month
Jan 18 2007 8:40AM (CT)
WASHINGTON (AP) - Construction of new homes rose for a second consecutive month in December, raising hopes that the severe slump in housing may be leveling off.
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Jobless claims fall to 11-month low
Jan 18 2007 8:38AM (CT)
WASHINGTON (AP) - The number of newly laid off workers filing claims for unemployment benefits fell last week to the lowest level in 11 months, indicating a solid labor market at the beginning of the year.
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