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Business News
US economy grew at tepid 1.1 percent pace in spring
WASHINGTON (AP) -- The U.S. economy expanded at a sluggish 1.1 percent pace this spring as businesses sharply reduced their stockpiles of goods and spent less on new buildings and equipment. Yet most analysts forecast much faster growth in the summer and fall, fueled by healthy consumer spending....
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US economy grew at sluggish 1.1 percent annual pace in spring, slightly below earlier esti...
WASHINGTON (AP) -- US economy grew at sluggish 1.1 percent annual pace in spring, slightly below earlier estimate....
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Investors to seek any hint of Yellen timetable on rate hikes
WASHINGTON (AP) -- When Janet Yellen steps to the microphone Friday morning at an annual central bank forum in Jackson Hole, Wyoming, investors will be listening for one thing above all: Any hint of the Federal Reserve chair's expected timetable for the next interest rate increase....
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Dollar General, Dollar Tree report weak sales growth
NEW YORK (AP) -- Discount-store rivals Dollar General and Dollar Tree reported weaker-than-expected sales figures Thursday, as struggling lower-income shoppers spent less at their stores....
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