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US factory orders fell 0.6 percent in April

  Companies placed fewer orders to U.S. factories for the second straight month and a key measure that tracks business investment plans fell, adding to evidence that the economy is weakening.   The Commerce Department said Monday that orders for factory goods fell 0.6 percent in April from March.   Demand for so-called core capital… Continue Reading US factory orders fell 0.6 percent in April

The number of Americans who bought previously occupied homes fell in September. Home sales are on pace to match last year’s dismal figures — the worst in 13 years. The National Association of Realtors said Thursday that home sales dropped 3 percent last month to a seasonally adjusted annual rate of 4.91 million homes. That’s… Continue Reading US sales of previously occupied homes fell in Sept

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