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US worker productivity up 1.6 pct. in 2nd quarter
(AP) – U.S. companies got slightly more out of their workers this spring after scaling back on hiring. The modest 1.6 percent annualized gain in productivity from April through June signals employers...
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American economy tepid
WASHINGTON (AP) — The latest snapshot of economic growth shows the U.S. recovery remains tepid. Growth in the July-September quarter climbed slightly but was still too weak to stir significantly more...
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Storm's cost may hit $50B; rebuilding to ease blow
National Guard truck drives through street flooded from Hurricane Sandy, Ocean City, Maryland (AP photo) WASHINGTON (AP) – Superstorm Sandy will end up causing about $20 billion in property damages and...
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US government runs $120 billion October deficit
AP image WASHINGTON (AP) – The federal government started the 2013 budget year with a $120 billion deficit in October, an indication that the nation is on a path to its fifth straight $1 trillion-plus...
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The happiest and saddest countries in the world
Gallup Inc. asked roughly 1,000 people in each of 148 countries the following questions: Did you feel well-respected yesterday? Were you treated with respect all day yesterday? Did you laugh or smile a...
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US economy accelerates at 2.5 percent rate in Q1
WASHINGTON (AP) — Americans shrugged off higher taxes to lift the U.S. economy at the start of the year. Government spending fell, though, and the impact of the tax increases along with federal budget...
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After near-stall in late 2012, US economy picks up
WASHINGTON (AP) — After nearly stalling in late 2012, the American economy quickened its pace early this year despite deep government cutbacks. The strongest consumer spending in two years fueled a...
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2013 deficit estimate lowered to $642 billion
WASHINGTON (AP) — The budget deficit for the current year is projected to come in well below what was estimated just a few months ago, a development that could further curb the already slowing...
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White House says deficit is shrinking
WASHINGTON (AP) — The White House said Monday that the federal budget deficit for the current fiscal year will shrink to $759 billion. That’s more than $200 billion less than the administration...
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Arts, culture add $500B to nation’s GDP
WASHINGTON (AP) — Creative industries led by Hollywood account for about $504 billion, or at least 3.2 percent of U.S. goods and services, the government said in its first official measure of how the...
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