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Business News
Stocks slip at midday after weaker estimate of US growth
Major U.S. stock indexes drifted between tiny gains and losses in midday trading Friday. Investors were balancing encouraging reports on housing and consumer confidence against data showing that the economy grew at a slower annual rate in the final months of 2014....
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Fiat Chrysler recalls 467K SUVs for possible stalling
DETROIT (AP) -- Fiat Chrysler is recalling more than 467,000 Dodge and Jeep SUVs worldwide to fix a faulty fuel pump relay at the root of a potential stalling problem....
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US consumer sentiment slips in February on icy weather
WASHINGTON (AP) -- Harsh winter weather left U.S. consumers feeling a bit less confident this month, the University of Michigan says. But confidence levels still remain at the highest level in eight years....
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Signed contracts to buy US homes rise to 18-month high
WASHINGTON (AP) -- The number of Americans signing contracts to buy homes rose at a healthy pace in January, a sign that home sales are poised to accelerate after a slow start to the year....
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Correction: Sears-Results story
NEW YORK (AP) -- In a story Feb. 27 about Sears Holdings Corp., The Associated Press reported erroneously that Chief Financial Officer Rob Schriesheim said in a statement that the actions Sears took in 2014 - such as store closures and inventory reduction - generated $2.3 billion in liquidity....
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