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Jobless Claims Rise In Week

WASHINGTON (UPI) — The U.S. Labor Department Thursday said first-time jobless benefits claims rose by 15,000 in the week ending Saturday. Initial unemployment benefits claims for the week came to 382,000, up from the revised figure of 367,000 for the previous week. The four-week rolling average was 375,000, up 3,250 from the previous week’s revised […]

Foreclosures Up A Tick Month-To-Month

IRVINE, Calif. (UPI) — The number of U.S. properties involved in foreclosure rose from July to August, but were substantially lower than August 2011, an online real estate firm said. RealtyTrac said 193,508 U.S. properties in August were either sent default notices, scheduled for auction or taken over by a bank, an increase of 1 […]

In July, 3.7 Million Job Openings

WASHINGTON (UPI) — The U.S. Labor Department said Tuesday there were 3.7 million job openings in July, virtually unchanged from June. “The number of openings was little changed in all industries except healthcare and social assistance where the number decreased,” the Bureau of Labor Statistics said. The number of unemployed workers, meanwhile, stood at 12.8 […]

Trade Deficit Steady At $42 Billion

WASHINGTON (UPI) — Exports of U.S. goods and services fell slightly more than imports in July, leaving the trade deficit nearly unchanged, the Commerce Department said Wednesday. The monthly report by the Commerce Department’s Census Bureau and Bureau of Economic Analysis said exports fell by $1.9 billion June to July, while imports fell by $1.8 […]

Harvest Activity Expands

WASHINGTON (UPI) — Late summer harvests are under way for several major U.S. crops, including corn, soybeans, cotton and peanuts, the U.S. Department of Agriculture said Monday. The corn harvest is now 15 percent done compared to a long term average of 5 percent for this week of the year. Despite the accelerated harvest, much […]

Consumer Credit Drops Slightly

WASHINGTON (UPI) — Consumer borrowing dropped 1.5 percent in July after climbing 5.3 percent in June, the U.S. Federal Reserve said Monday. The Fed said non-revolving credit, which includes auto loans, personal loans and student loans, rose 1 percent to $1.849 trillion in July. Revolving credit, which includes lines of credit and credit cards, fell […]

Amazon Backtracks On Fire Tablet Ads

SEATTLE (UPI) — After online criticism of Amazon’s decision to feature ads on all its new Kindle Fire tablets, the company now says customers can pay to eliminate them. When Amazon announced its larger Kindle Fire tablets Thursday, priced from $159 to $599, it said they would feature “special offer” full-screen ads on the devices’ […]

Wall Street Places Its Bets On QE3

NEW YORK (UPI) — Wall Street analysts are betting both ways on whether or not the U.S. Federal Reserve will announce a new round of bond buying Thursday. To illustrate how divided Wall Street is on the possibility the Fed could go with a third round of bond-buying — a program that is already dubbed […]

Japan’s Economic Growth Less Than Expected

TOKYO (UPI) — Japan’s economy in the latest quarter grew 0.2 percent from the previous quarter, or slower than the 0.3 percent estimated earlier, the government said Monday. The revised figure for the April-June period, blamed on slow capital spending by companies, reflected an annual growth rate of 0.7 percent, and not 1.4 percent as […]

CEO Touts Groupon’s Growth

CHICAGO (UPI) — Groupon Chief Executive Officer Andrew Mason said the U.S. Internet company’s growth should be the envy of the corporate world. “I think most companies would kill for those kinds of growth rates. We’re quite proud of them,” Mason said in an interview, referring to 45 percent growth year over year. Mason said […]

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