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Survey Says Global Opinion of President Obama, US Mixed

Posted June 13th, 2012 at 6:30 am (UTC-5)
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A new international opinion poll indicates that U.S. President Barack Obama and his policies are more favorably regarded in Europe than in the Muslim world. The U.S.-based Pew Research Center conducted a survey of people living in 21 nations and found that attitudes towards the U.S. are generally more positive now than in 2008, when […]

US Jobless Claims Rise; Growth Slows

Posted May 31st, 2012 at 9:55 am (UTC-5)
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The number of people signing up for unemployment aid in the United States rose by 10,000 last week, evidence that the U.S. job market remains sluggish. Thursday’s report from the Labor Department says 383,000 people filed first-time claims. Continued problems in the job market are one result of slow U.S. economic growth, which hit a […]

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US Accuses Apple, Publishers of Illegal Electronic Book Price-Fixing

Posted April 11th, 2012 at 1:55 pm (UTC-5)
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The U.S. is accusing the technology giant Apple corporation and book publishers of illegally fixing prices on electronic books, costing consumers millions of dollars in extra charges on their purchases. The government filed suit in New York against Apple, the world’s most valuable company, and two book publishers, while settling its claims against three other […]

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US Sets Plan to Block Reuse of Stolen Cellphones

Posted April 10th, 2012 at 9:50 am (UTC-5)
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The United States is creating a computerized list of stolen cellphones, part of a new campaign to curb their theft. Cellphone use is widespread in the United States, but theft of the costly handheld devices is one of the fastest growing crimes in the world’s largest economy. But the government’s Federal Communications Commission says it […]

US Jobless Benefit Claims Dip to Four-Year Low

Posted April 5th, 2012 at 10:00 am (UTC-5)
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The number of unemployed U.S. workers seeking new jobless benefits fell to a four-year low last week, as the labor market strengthens in the world’s largest economy. The government’s Labor Department said that 357,000 workers made first-time claims for unemployment compensation, down 6,000 from the week before. That was the lowest total since April 2008. […]

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Obama Calls for Republicans To Show Humility for Failed Economic Policy

Posted April 3rd, 2012 at 1:45 pm (UTC-5)
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U.S. President Barack Obama is laying harsh criticism on his Republican rivals for campaigning on an economic platform that he says has nearly “destroyed” the U.S. financial system. Mr. Obama spoke Tuesday at the annual meeting of The Associated Press in Washington. Appearing in full campaign mode, Mr. Obama said Republicans have “doubled down” on […]

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Economy, Security Lead North American Summit Agenda

Posted April 2nd, 2012 at 1:30 am (UTC-5)
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U.S. President Barack Obama is hosting the leaders of Canada and Mexico for a summit in Washington focusing on economic growth, security and climate change. The White House says Monday’s North American Leaders’ Summit is a chance for the three countries to expand their cooperation in those areas. Mr. Obama, Mexican President Felipe Calderon and […]

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US Central Bank Chief Says Economy Still Shaky

Posted March 26th, 2012 at 10:00 am (UTC-5)
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The U.S. central bank chief says the country’s labor market remains “far from normal,” even after months of employment gains. The unemployment rate for the world’s largest economy fell to 8.3 percent earlier this year, and 1.2 million jobs have been added in the last six months. But the chairman of the Federal Reserve, Ben […]

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US Jobless Claims Dip to Four-Year Low

Posted March 22nd, 2012 at 8:55 am (UTC-5)
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New claims for U.S. unemployment benefits fell last week to a four-year low, another sign that the country’s labor market is strengthening. The government reported Thursday that 348,000 workers made first-time applications for assistance last week, down 5,000 from the previous week. It was the lowest total since February 2008. U.S. companies have been dismissing […]

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Higher Gasoline Costs Boost US Consumer Prices

Posted March 16th, 2012 at 12:40 pm (UTC-5)
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The U.S. Labor Department says that sharply rising gasoline costs boosted consumer prices in the country in February by the most in 10 months. With the price of gasoline increasing almost daily in the United States in recent weeks, officials said Friday that consumer costs advanced 0.4 percent last month. Almost all of the increase […]

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