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Economy GDP
FILE - In this July 9, 2015 file photo, workers harvest early apples at Samascott Orchards in Kinderhook, N.Y. (AP Photo/Mike Groll, File)
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US economy surged at 3.7 percent rate in April-June quarter

The U.S. economy posted a much bigger rebound in growth during the spring than previously reported, thanks to greater spending by businesses and consumers.

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Category: Money & Business Tags:
Federal Reserve Building
WASHINGTON - JANUARY 22: The Federal Reserve building is seen January 22, 2008 in Washington, DC. (Photo by Chip Somodevilla/Getty Images)
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Fed at July meeting appeared to be moving closer to hike

Federal Reserve officials in their July discussions appeared to move closer to their first interest rate hike in nearly a decade but expressed wide-ranging concerns about wages, inflation and a significant slowdown in China.

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Economy Manufacturing
FILE - In this July 24, 2015 file photo, Esteban Lopez Perez rolls a cigar at a local cigar store in the Little Havana area in Miami. (AP Photo/Alan Diaz, File)
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US manufacturing growth slows in July

U.S. factories were a little less busy last month.

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Manufacturing, Fans, Factory
In this photo taken on Thursday, Feb. 12, 2015, a man welds parts in fans for industrial ventilation systems at the Robinson Fans Inc. plant in Harmony, Pa. (AP Photo/Keith Srakocic)
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US economy posts solid 2.3 percent growth rate in Q2

The U.S. economy posted a solid rebound in the April-June quarter after a harsh winter, led by a surge in consumer spending and a recovery in foreign trade that bode well for the rest of the year.

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Federal Reserve Chair Janet Yellen Holds News Conference
Federal Reserve Chair Janet Yellen (Mark Wilson, Getty Images)
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Yellen, Draghi upbeat despite tumult in Greece, China

The Chinese stock market is experiencing a terrifying freefall, and Greece is teetering on the brink of financial collapse.

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Pile of Money
(Photo: Ingram Publishing, Thinkstock)
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IMF downgrades 2015 outlook for global growth to 3.3 percent

The U.S. economy's stumble at the start of 2015 is dragging down the world's growth to the lowest level since the Great Recession, the International Monetary Fund said Thursday.

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Fed Chair Janet Yellen
Federal Reserve Board Chairwoman Janet Yellen (Win McNamee, Getty Images)
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Fed officials still cautious in June about rate hikes

Federal Reserve policymakers last month saw signs that the economy was healing after its winter slump but still wanted more signs of improvement before they began raising interest rates.

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Job Openings
In this photo taken Wednesday, June 10, 2015, job seekers attend a job fair in Sunrise, Fla. (AP Photo/Alan Diaz)
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US job openings stay high, but actual hiring falters in May

Job openings stayed close to a 15-year high in May. It's a sign that companies are expecting continued economic growth, but the level of advertised jobs has yet to drive the same kind of increase in actual hiring.

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Job Fair
Justin Sullivan, Getty Images
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Growth in US services firms rises in June

U.S. service firms grew at a slightly faster pace in June, as business activity and new orders increased.

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Economy GDP
In this Wednesday, Feb. 18, 2015, photo, carpenter Joe Tominc cuts wood for a post on a new construction home in Pepper Pike, Ohio. (AP Photo/Tony Dejak)
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US economy not as bad in 1st quarter, paving way for rebound

The U.S. economy contracted in the first three months of the year, just not as much as previously estimated. More recent data show that the weakness was largely temporary, with a rebound in the works for the April-June quarter.

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Category: Money & Business Tags: ,

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