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The day ahead in business May 16
Reports: Initial jobless claims for week ended May 11, 7:30 a.m; Consumer price index for April, 7:30 a.m.; Housing starts/building permits for April, 7:30 a.m.; Philadelphia Fed survey for May, 9 a.m.; Mortgage rates for week ended May 16, 9 a.m.;...
Tags: Singapore Airlines, Petroleum Industry, Wal-Mart Stores, Inc., Kohl's Illinois, Inc., JC Penney Company Inc.
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RPT-ANALYSIS-Budget deficit cut adds to optimism about U.S. assets
Reuters(Repeats story from early in the day) By Steven C. Johnson NEW YORK, May 16 (Reuters) - U.S. companies are hiring more workers and home prices, stock markets and energy production are climbing. But a sudden narrowing in the U.S. budget deficit could...Tags: Services and Shopping, Real Estate, Budgets and Budgeting, Politics, Gross Domestic Product
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Japan sees results from 'Abenomics' growth strategy, as GDP jumps 3.5 pct, beating forecasts
AP Business WriterTOKYO (AP) — Japan's economy grew by a stronger-than-expected 3.5 percent in annual terms last quarter, giving Prime Minister Shinzo Abe a boost as his government tackles reforms needed to ensure a sustained recovery from two decades of malaise....Tags: Economy, Business and Finance, Government Debt, Credit and Debt, Gross Domestic Product, Demonstration
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US STOCKS-Futures flat with data on tap; Cisco jumps
Reuters* Cisco jumps after earnings, outlook * CPI, housing starts, jobless claims data on tap * Futures: Dow up 3 pts, S&P flat, Nasdaq up 2 pts By Chuck Mikolajczak NEW YORK, May 16 (Reuters) - U.S. stock index futures were little changed on Thursday,...Tags: Financial Markets, Credit Ratings, Tesla Motors, Inc., U.S. Department of Energy, Land Price
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US high-grade bond market tone subdued after Merck jumbo trade
ReutersBy John Balassi NEW YORK, May 16 (IFR) - Market tone is relatively muted early on Thursday, despite the surprisingly better-than-expected first quarter GDP print from Japan that showed that the governments new inflation policies are beginning to kick in....Tags: Services and Shopping, Heavy Engineering, Thomson Corporation, Politics, Gross Domestic Product
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U.S. jobless claims jump in warning sign for labor market
ReutersWASHINGTON, May 16 (Reuters) - The number of Americans filing new claims for unemployment benefits climbed last week at the fastest pace in six months, a worrisome sign for the economy which has been hit by government austerity. Initial claims for...Tags: Employment Opportunities, Unemployment Benefits, Career and Workplace, Labor Markets, Unemployment
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Jobless claims jump in warning sign for labor market
ReutersWASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits climbed last week at the fastest pace in six months, a worrisome sign for the economy which has been hit by government austerity. Initial claims for state...Tags: Employment Opportunities, Career and Workplace, Unemployment Benefits, Labor Markets, Unemployment
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WRAPUP 1-Data raises questions about strength of U.S. economy
Reuters* U.S. claims rise sharply in latest week * Housing starts drop more than expected in April * Inflation data points to softer demand in economy By Jason Lange WASHINGTON, May 16 (Reuters) - The U.S. economy showed worrisome signs as jobless claims rose...Tags: Gasoline Industry, Central Bank, Banking, Unemployment Benefits, Employment
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CANADA FX DEBT-C$ ekes gain vs US$ after weaker than expected US data
Reuters* C$ C$1.0166 vs US$, or 98.37 U.S. cents * U.S. jobless claims rose sharply; new home starts tumbled in April * U.S. inflation points to softer demand in economy * Canadian CPI data on Friday in focus * Bond prices higher across the curve By Solarina Ho...Tags: Inflation and Deflation, Weather, Labor Markets, Weather Reports
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Consumer prices see biggest drop in 4 years
ReutersFalling gas prices caused U.S. consumer prices to drop at the fastest rate in four years. The Labor Department said on Thursday its Consumer Price Index slipped 0.4 percent. Analysts had expected a more modest 0.2 percent decline in last month's prices....Tags: Inflation and Deflation, Gasoline Industry, Petroleum Industry, Consumers, Prices
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Central banks' actions worked, now beware reactions: IMF
ReutersWASHINGTON (Reuters) - Central banks got it right when they saved the world economy, but their unprecedented actions risk disruptive cross-border spillovers and potentially heavy losses when the time comes to exit, the IMF said on Thursday. In the most...Tags: Central Bank, Emerging Market, Globalization, Economy, Business and Finance, Washington, DC
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Initial jobless claims jump to 360,000, most since March
WASHINGTON -- Initial jobless claims unexpectedly jumped to a six-week high of 360,000 last week after declining to a post-recession low this month, the Labor Department said Thursday. The number of people filing for the first-time for unemployment...
Tags: Employment Opportunities, Easter, Unemployment Benefits, Career and Workplace, Labor Markets
May 16, 2013
|Story| Chicago Tribune
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| AP Broadcast
May 16, 2013
|Story| Reuters
May 16, 2013
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|Story| Reuters
May 16, 2013
|Story| Los Angeles Times
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