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Fed: Housing, credit woes slow economy
Oct 17 2007 6:31PM (CT)
WASHINGTON (AP) - The economy logged slower growth in the early fall as troubles in the housing and credit markets weighed on companies and individuals alike, the Federal Reserve reported Wednesday.
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Housing construction plunges
Oct 17 2007 4:52PM (CT)
WASHINGTON (AP) - Construction of new homes plunged to the lowest level in 14 years in September as turmoil in credit markets intensified the problems in the housing industry. Consumer prices, meanwhile, rose at the fastest pace in four months, reflecting higher energy and food costs.
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Social Security only going up 2.3 pct.
Oct 17 2007 4:50PM (CT)
WASHINGTON (AP) - Social Security benefits for nearly 50 million people will rise 2.3 percent starting in January, the smallest increase in four years. The typical retiree will face the challenge of using the extra $24 to cover higher costs for everything from gasoline and food to medical care.
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Social Security only going up 2.3 pct.
Oct 17 2007 4:50PM (CT)
WASHINGTON (AP) - Social Security benefits for nearly 50 million people will rise 2.3 percent starting in January, the smallest increase in four years. The typical retiree will face the challenge of using the extra $24 to cover higher costs for everything from gasoline and food to medical care.
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New home construction plummets again
Oct 17 2007 7:51AM (CT)
WASHINGTON (AP) - Construction of new homes plunged by a bigger-than-expected amount in September, reflecting the deepening troubles in housing.
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New home construction plummets again
Oct 17 2007 7:51AM (CT)
WASHINGTON (AP) - Construction of new homes plunged by a bigger-than-expected amount in September, reflecting the deepening troubles in housing.
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