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Fed cuts rate to help ease housing slump
Oct 31 2007 5:45PM (CT)
WASHINGTON (AP) - The Federal Reserve sliced an important interest rate Wednesday _ its second reduction in the last six weeks _ to help the economy survive the strains of a deepening housing slump that is likely to crimp growth in coming months.
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Fed cuts rate to help ease housing slump
Oct 31 2007 5:45PM (CT)
WASHINGTON (AP) - The Federal Reserve sliced an important interest rate Wednesday _ its second reduction in the last six weeks _ to help the economy survive the strains of a deepening housing slump that is likely to crimp growth in coming months.
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Fed cuts rate to help ease housing slump
Oct 31 2007 5:45PM (CT)
WASHINGTON (AP) - The Federal Reserve sliced an important interest rate Wednesday _ its second reduction in the last six weeks _ to help the economy survive the strains of a deepening housing slump that is likely to crimp growth in coming months.
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Economy logs brisk 3.9 percent growth
Oct 31 2007 4:10PM (CT)
WASHINGTON (AP) - The economy picked up speed in the summer, growing at a brisk 3.9 percent pace, the fastest in 1 1/2 years and an impressive performance even as a credit crunch plunged the housing market deeper into turmoil.
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Construction spending rises in Sept.
Oct 31 2007 9:16AM (CT)
WASHINGTON (AP) - Construction spending rebounded in September as strength in commercial building and big government projects more than offset weakness in home building.
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Employment costs increase at slower pace
Oct 31 2007 8:24AM (CT)
WASHINGTON (AP) - Employers' costs to hire and retain workers grew at a slightly slower pace in the summer, suggesting that a somewhat softer _ but still solid _ jobs climate is easing inflation pressures.
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