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3 reasons not to weird out about -2.9% GDP

3 reasons not to weird out about -2.9% GDP

Related Coverage NEW YORK (CNN) – America’s economy shrank even some-more than approaching in a initial 3 months of a year, though don’t weird out. No doubt this is an nauseous number: The economy engaged during an annual rate of 2.9 percent in Jan by March. That’s a weakest entertain given a good recession. Consumer […]

UPDATE 3-New York AG slaps Barclays with bonds rascal suit

UPDATE 3-New York AG slaps Barclays with bonds rascal suit

(Adds criticism from Barclays, rewrites throughout, adds detail from complaint) By Karen Freifeld and John McCrank NEW YORK, Jun 25 (Reuters) – The New York Attorney General on Wednesday filed a bonds rascal lawsuit opposite Barclays PLC for giving an astray corner to a U.S. high-frequency trade clients even as it claimed to be protecting […]

Supreme Court Rules Against Aereo, a TV Streaming Service

Supreme Court Rules Against Aereo, a TV Streaming Service

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Orders for US Capital Goods Rise as Investment Picks Up

Orders for US Capital Goods Rise as Investment Picks Up

Orders for U.S. business equipment climbed in May, display corporate investment is assisting revive the economy after a unemployment during a start of a year. Bookings (CGNOXAI%) for public collateral products incompatible aircraft rose 0.7 percent after a 1.1 percent dump in April, information from the Commerce Department showed currently in Washington. Demand for all […]

U.S. Economy Shrank in First Quarter by Most in Five Years

U.S. Economy Shrank in First Quarter by Most in Five Years

The U.S. economy engaged in a initial entertain by a many given a inlet of a final retrogression as consumer spending cooled. Gross domestic product fell during a 2.9 percent annualized rate, some-more than foresee and a misfortune reading given a same 3 months in 2009, after a formerly reported 1 percent drop, a Commerce […]

Stock Futures Pause Ahead of Data

Stock Futures Pause Ahead of Data

U.S. batch futures were small altered early Wednesday, stabilizing after a biggest one-day dump for a Dow Jones Industrial Average in over a month. Futures for a Dow industrials fell 6 points, or 0.1%, to 16746. SP 500 futures rose one point, or 0.1%, to 1943, while Nasdaq-100 Index futures slipped dual points to 2793. […]

UPDATE 2-Brazil to sell cash-strapped Petrobras new oil rights

UPDATE 2-Brazil to sell cash-strapped Petrobras new oil rights

(Recasts to supplement supervision spending debate, background, updates share price) By Leonardo Goy and Marta Nogueira BRASILIA/RIO DE JANEIRO, Jun 24 (Reuters) – Brazil skeleton to sell billions of dollars value of offshore oil rights to state-run oil association Petrobras, a pierce approaching to saddle the company with new costs even as a debt soars […]

UPDATE 1-US trade lender in danger as Republicans lift support

UPDATE 1-US trade lender in danger as Republicans lift support

(Adds Senate bill, critique from Senate leadership, Boeing details) By Susan Cornwell and David Lawder WASHINGTON, Jun 24 (Reuters) – A pull to save a United States’ trade credit group struck a new jump on Tuesday when Congress’s tip Republican refused to chuck his support behind the Export-Import Bank after news that bank staff were […]

Wall Street ends down after record high; argent tumbles

Wall Street ends down after record high; argent tumbles

NEW YORK (Reuters) – U.S. holds finished reduce on Tuesday as worries about Iraq gathering profit-taking, after enlivening mercantile information progressing gathering shares to another record high, while argent tumbled on doubts either a Bank of England would concede an seductiveness rate travel soon. U.S. Treasuries prices gained as investors incited divided from equities. Flagging […]

German IFO Expectations Declined in Jun But Should Increase in H2

German IFO Expectations Declined in Jun But Should Increase in H2

German IFO expectations index declined again in Jun as it went down to 104.8 from 106.2 and is now around a turn it was in autumn 2013. The stream comment denote was unvaried during 114.8 and did not boost as we had expected. Nevertheless, there are signs that German domestic direct is doing well. The […]

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