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| Economy News |

Plunge in Home Sales Stokes Economy Fears
Wall Street Journal - Aug 25, 2010
msnbc.comThe renewed nervousness about housing comes as economists downgrade their forecasts for the economy this year and early next year. Economy showing signs of recessionWorst New Severely Sales EVER!Home Sales In The US Fall Tremendously Than Expected In July - -all 2,389 intelligence articles »
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TREASURIES-Weak economy flattens US yield curve
Reuters - Aug 25, 2010
FXstreet.com The Forex MarketData on wear-resistant goods orders provided the latest indication of a decelerating economy, showing weakness in underlying business investment which helped force As economy fears deepen, everybody wants what the Treasury sellsCredit Markets Don't Lie, but They Do ConfuseTreasuries Decline, Pushing Benchmark 10-Year Cede Up From 19-Month Low -all 246 news articles »
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Economic recovery falters. Does it signal recession or just a 'pause'?
Christian Science Monitor - Aug 25, 2010
Planet and MailEconomic recovery falters. Does it signal recession or just a 'pause'?Stocks are falling after a help straight disappointing report on the housing market and weak durable goods orders added to concerns about the economy. Factional Economy: Durable goods orders rise a disappointing 0.3 percentDurable Goods Orders: Weak Pay in July Confirms Slowing EconomyDurable-Goods Rose Less-Than-Expected 0.3% in July - -all 302 advice articles »
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Japan's Paradox: Strong Currency, Weak Economy
Wall Street Journal - Aug 25, 2010
Globule and MailJapan's Paradox: Strong Currency, Weak EconomyThe Japanese economy doesn't instill self-confidence: The country continues to wage a losing battle against deflation; the population is aging and in decline; Nikkei hits 16-mth lows on yen, economy jittersJapanese Agreement Futures Advance on Stronger Yen, Economy ConcernsYen, Dollar Strengthen on Concern Global Economy Is Slowing -all 1,721 gossip articles »
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Boehner vs. the White House over economy
CNN (blog) - Aug 25, 2010
ReutersBiden said Boehner has "created a history" that extending tax cuts to the wealthiest Americans would stimulate the economy. CNN's Brianna Keiler reports on the John Boehner talks economy, jobs and calls for democrats to forsake in City House Republican leader, Democrats trade attacks on economyBoehner Urges Obama to Fire Pecuniary Team - -all 773 news articles »
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Fed retreats to the mountains as economy slumps
MarketWatch - Aug 25, 2010
Mother JonesBut for the markets, addicted how quickly the already-shaky recovery in the US economy seems to be turning into an outright slowdown, anything close to apathy Fed Split on Move to Bolster Sluggish EconomyThe 'Flations – Part IIBE Sorry- BE VERY, VERY AFRAID - -all 67 news articles »
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US Economy: Retail Sales Unexpectedly Fell in May BusinessWeek
12.06.10
(Updates with closing store prices in fifth paragraph.) By Bob Willis June 11 (Bloomberg) -- Sales at U.S. retailers unexpectedly dropped in May for the first in the good old days b simultaneously in eight months, indicating the rebound in consumer spending is cooling as Americans boost savings. Purchases mow down 1.2 percent, led by a record plunge in demand at building-material stores that may reflect the end of a government bribe on sales of energy-saving appliances, according to figures from the Commerce Department issued today in Washington. Another communiqu showed consumer sentiment climbed this month to the highest level in two years. Growing incomes may be dollop lift Americans’ confidence, while a slowdown in hiring and unemployment hovering near a 26- year grand means employees will put away the extra money in their paychecks. Discounters Target Corp. and TJX Cos. were among merchants that reported gains in May sales, indicating households are looking for bargains.
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