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U.S. Economy

U.S. Economy

Job-seekers search for openings on computers provided by a Massachusetts employment service.  (AP Photo/Michael Dwyer, File)
Job-seekers search for openings on computers provided by a Massachusetts employment service. (AP Photo/Michael Dwyer, File)
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Job openings surged in US in Feb. but employers were slow to hire

WASHINGTON (AP) -- U.S. job openings surged in February to a 14-year high, yet employers filled fewer of those jobs than in the previous month.

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Customers shop at Nordstrom Rack in Schaumburg, Ill. the day after Christmas.  (AP Photo/Nam Y. Huh, File)
Customers shop at Nordstrom Rack in Schaumburg, Ill. the day after Christmas. (AP Photo/Nam Y. Huh, File)
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Holiday shopping slump: US retail sales fell in December

WASHINGTON (AP) -- U.S. retail sales stumbled last month in a sign consumers remained frugal even as gas prices declined and hiring picked up.

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AP POLL NEW YEAR
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AP-Times Square poll: Most feeling good about 2015

WASHINGTON (AP) -- Americans are closing out 2014 on an optimistic note, according to a new Associated Press-Times Square Alliance poll. Nearly half predict that 2015 will be a better year for them than 2014 was, while only 1 in 10 think it will be worse. There's room for improvement: Americans give the year gone by a resounding `meh.'

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Federal Reserve Chairman Janet Yellen
Federal Reserve Chairman Janet Yellen (AP Photo/Michael Dwyer, File)
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Q&A: Did the Fed’s $4 trillion stimulus experiment work?

NEW YORK (AP) -- The $4 trillion experiment is almost over.

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Mark Ahlemann, center, passes out papers during a during an employment breakfast networking session hosted by Gray Hair Management at a restaurant in Elk Grove Village, Ill. (AP Photo/Matt Marton)
Mark Ahlemann, center, passes out papers during a during an employment breakfast networking session hosted by Gray Hair Management at a restaurant in Elk Grove Village, Ill. (AP Photo/Matt Marton)
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US economy, though sluggish, may now be sturdier

WASHINGTON (AP) -- Out of a seemingly hollow recovery from the Great Recession, a more durable if still slow-growing U.S. economy has emerged.

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Cashier rings up a sale. Economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will rebound from a dismal first quarter. (AP Photo/Julie Jacobson, File)
Cashier rings up a sale. Economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will rebound from a dismal first quarter. (AP Photo/Julie Jacobson, File)
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Economists downgrade forecasts for US growth

WASHINGTON (AP) -- U.S. business economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will rebound from a dismal first quarter.

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People wait in line for the Cleveland Career Fair in Independence, Ohio. U.S. employers accelerated their hiring in June, adding a robust 288,000 jobs. (AP Photo/Tony Dejak)
People wait in line for the Cleveland Career Fair in Independence, Ohio. U.S. employers accelerated their hiring in June, adding a robust 288,000 jobs. (AP Photo/Tony Dejak)
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US employers added robust 288,000 jobs in June

WASHINGTON (AP) -- U.S. employers accelerated their hiring last month, adding a robust 288,000 jobs and helping drive the unemployment rate to 6.1 percent, the lowest since September 2008.

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Jerry Drury works on a truck engine assembly line at Volvo Trucks' powertrain manufacturing facility in Hagerstown, Md.  (AP Photo/Patrick Semansky)
Jerry Drury works on a truck engine assembly line at Volvo Trucks' powertrain manufacturing facility in Hagerstown, Md. (AP Photo/Patrick Semansky)
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US manufacturers expanded in June but more slowly

WASHINGTON (AP) -- U.S. manufacturing grew in June for the 13th straight month. But the pace of the expansion slowed from May.

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International Monetary Fund (IMF) Managing Director Christine Lagarde speaks at a press conference at the HM Treasury in London.  (AP Photo/Kirsty Wigglesworth, File)
International Monetary Fund (IMF) Managing Director Christine Lagarde speaks at a press conference at the HM Treasury in London. (AP Photo/Kirsty Wigglesworth, File)
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IMF Lowers Estimate of US Economic Growth in 2014

WASHINGTON (AP) -- The International Monetary Fund foresees the U.S. economy growing a modest 2 percent this year, below its previous estimate of 2.7 percent.

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In this June 3, 2009 file photo, Baldor Electric Co. employees Dave Johnston, left, and Steve Davis, right, work inside the company's factory in St. Louis. (AP Photo/Jeff Roberson, File)
In this June 3, 2009 file photo, Baldor Electric Co. employees Dave Johnston, left, and Steve Davis, right, work inside the company's factory in St. Louis. (AP Photo/Jeff Roberson, File)
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US Economy Set for Rebound After Q1 Contraction

The U.S. economy took a beating from an especially harsh winter during the January-March quarter, skidding into reverse for the first time in three years. But spring has arrived and along with it, signs that the chill was just a temporary setback in the long road to recovery.

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