Rick Dreiling News
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The cost of living in the U.S. fell in May by the most in more than three years as fuel prices retreated, buttressing Federal Reserve projections that cheaper commodities will help reduce inflation.
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The cost of living in the U.S. probably fell in May for the first time in two years as fuel prices retreated, buttressing Federal Reserve projections that cheaper commodities will help reduce inflation, economists said before a report today.
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Dollar General Corp. fell the most since it first sold shares to the public in 2009 after posting first-quarter profit that missed analysts’ estimates, hurt by rising gasoline prices and clearance sales.
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The cost of living in the U.S. probably rose at a slower pace in March as increases in energy expenses subsided, economists said before a report this week.
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Employment in the U.S. unexpectedly stagnated in August, increasing pressure on Federal Reserve Chairman Ben S. Bernanke and President Barack Obama to spur an economy that’s barely growing two years into the recovery.
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Dollar General Corp. , the biggest of the U.S. dollar discount stores, had a record decline in New York trading after reporting slowing growth in same-store sales.
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Job growth in the U.S. unexpectedly stagnated in August, adding to pressure on Federal Reserve Chairman Ben S. Bernanke and President Barack Obama to rouse an economy that’s at risk of stalling two years after the last recession ended.
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Service industries unexpectedly expanded at a faster pace in August, easing concern the biggest part of the U.S. economy was slumping.
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Federal Reserve officials tomorrow will probably announce a program for monetary easing that will do little to help 14 million unemployed Americans find work, according to economists in a Bloomberg News survey.
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Service industries in the U.S. probably expanded in August at the slowest pace in more than a year, showing the recovery is losing momentum, economists said before a report today.
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