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Study: U.S. less healthy than other wealthy nations

Americans – even those with health insurance – are sicker than counterparts in other high-income countries, according to findings from the National Research Council and Institute of Medicine. And the news gets worse. The health disadvantage exists at all ages, from birth to 75, and even health insurance, college education, higher incomes don’t change the… Continue Reading Study: U.S. less healthy than other wealthy nations

US unemployment claims fell last week to 382,000

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  The number of Americans seeking unemployment benefits fell only slightly last week to a seasonally adjusted 382,000. The level suggests hiring remains weak. The Labor Department said Thursday that applications declined by 3,000 from the previous week, which was revised up. The four-week average, a less volatile measure, rose for the fifth straight week… Continue Reading US unemployment claims fell last week to 382,000

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Americans’ confidence falls off in August

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Americans are feeling worse about the economy than they have in a long time. Despite an improving U.S. job and housing markets, consumer confidence fell to the lowest level it’s been since November 2011. The New York-based Conference Board says Tuesday that its Consumer Confidence Index fell to 60.6, down from a revised 65.4 in… Continue Reading Americans’ confidence falls off in August

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U.S. stocks rise despite weaker job report

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The stock market shook off a shaky start and moved higher Thursday after a tame inflation reading and another weak jobs report raised expectations that the Federal Reserve may be moving closer to another round of stimulus measures for the U.S. economy.   Applications for unemployment benefits applications rose 6,000 last week, more than economists… Continue Reading U.S. stocks rise despite weaker job report

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  The economy at risk, President Barack Obama accused Republicans on Friday of pursuing policies that would weaken the U.S. recovery, and he simultaneously urged Europe’s leaders to prevent an overseas debt crisis from dragging down the rest of the world.   At a White House news conference five months before Election Day, the president… Continue Reading Obama: Congress, Europe must stem economic crisis

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  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

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U.S. builders barely increased their spending on construction projects in March after two straight months of declines. A pickup in single-family home construction and commercial projects offset a steep drop in state and local government building. The Commerce Department said Tuesday that construction spending ticked up 0.1 percent. The small March gain left construction spending… Continue Reading U.S. construction spending barely increased in March

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The U.S. government has filed an antitrust lawsuit against Apple Inc. and book publishers. It said Wednesday that the publishers conspired with Apple to raise retail electronic-book prices to limit competition. The government also filed papers saying it has reached a settlement with publishers Hachette, HarperCollins and Simon & Schuster. It says it will proceed… Continue Reading U.S. sues Apple, publishers over electronic books

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Manufacturing in 2 US regions grew in March

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Manufacturing in the northeastern United States expanded this month at its best pace in nearly a year. The growth confirms other data showing the U.S. economy is strengthening. A Federal Reserve Bank of Philadelphia index of manufacturing conditions rose in March to 12.5, its highest reading since April 2011. A similar survey by the Federal… Continue Reading Manufacturing in 2 US regions grew in March

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The United States will lose more market share and fall short of national security requirements, unless the federal government acts to reform the nation’s export control system and promotes the international competitiveness of U.S. industry. That’s the word from a new survey of satellite manufacturers in the United States, undertaken by the Aerospace Industries Association.… Continue Reading AIA: Reform needed to maintain security, U.S. competitiveness

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