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Wholesale prices soar in March
Apr 15 2008 8:56AM CT
WASHINGTON (AP) - Inflation at the wholesale level soared in March at nearly triple the rate that had been expected as the costs of energy and food both climbed rapidly.
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Rates drop at weekly Treasury auction
Apr 14 2008 3:37PM CT
WASHINGTON (AP) - Interest rates on short-term Treasury bills fell in Monday's auction with rates on three-month bills dropping to the lowest level in nearly four years.
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Business inventories rise sharply
Apr 14 2008 9:05AM CT
WASHINGTON (AP) - Businesses saw inventories rise by a hefty amount for a second straight month, likely reflecting an unwanted buildup in stockpiles that will act as a drag on economic growth in coming months.
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Jobless claims fell sharply last week
Apr 10 2008 7:41AM CT
WASHINGTON (AP) - The number of newly laid off workers filing claims for unemployment benefits fell sharply last week, after having hit the highest level in more than two years in the week before.
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Growth in consumer borrowing slows
Apr 7 2008 3:19PM CT
WASHINGTON (AP) - Consumers, battered by a credit crunch and prolonged housing slump, significantly slowed their pace of borrowing in February.
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Job winners and losers in hard times
Apr 7 2008 2:25AM CT
WASHINGTON (AP) - Hospitals, schools and the assembly line at an airplane factory look like pretty good places to be with a recession looming and unemployment rising. Construction workers, real estate agents and auto workers aren't expected to fare as well.
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Fed auctions another $50 billion
Mar 25 2008 9:38AM CT
WASHINGTON (AP) - Fighting to ease a dangerous credit crisis, the Federal Reserve has provided a total of $260 billion in short-term loans to squeezed banks since December to help them overcome credit problems.
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Housing construction declines
Mar 18 2008 7:49AM CT
WASHINGTON (AP) - In another sign of troubles in the beleaguered housing industry, construction of new homes fell by a larger-than-expected amount last month.
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Sales, dollar plunge; oil soars
Mar 13 2008 5:58PM CT
(AP) - ECONOMIC GRIEF: Crude oil and gasoline prices hit all-time highs Thursday. The dollar fell to a new low against the euro. Consumers slowed shopping, triggering a 0.6 percent drop in retail sales last month.
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