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Industrial Production Up Slightly

WASHINGTON, Oct. 17 (UPI) — Industrial production rose 0.2 percent in September, the U.S. Federal Reserve Board said Monday. Manufacturing output rose 0.4 percent after rising 0.3 percent in August. Production at mines rose 0.8 percent after rising 1.2 percent in August. Production at utilities fell for the second consecutive month, falling 1.8 percent after […]

California Squashes Local E-Verify Laws

SACRAMENTO, Oct. 17 (UPI) — Advocates of a law mandating businesses check on the immigration status of workers in California say they are disappointed the state blocked the local laws. “It’s very disappointing when you spend all the time, you go to your elected representatives and you get them to do something, and then at […]

Japan’s Beef Import Policy To Change

TOKYO, Oct. 17 (UPI) — The Japanese government is considering lifting restrictions on U.S. beef imports, sources told The Yomiuri Shimbun newspaper. Import restrictions currently ban U.S. beef from cattle 20 months or older. The change, likely to be announced at a November Japan-United States summit, would change that restriction to cattle under 30 months […]

Import Prices Up One Tick In September

WASHINGTON, Oct. 14 (UPI) — U.S. import prices rose 0.3 percent in September after falling 0.4 percent in the previous month, the Department of Labor said Friday. Prices for fuel imports edged up 0.1 percent after dropping 1.8 percent in August and falling in three of the past five months. Non-fuel import prices in September […]

Sales Climb Beyond Expectations

WASHINGTON, Oct. 14 (UPI) — Retail sales rose more than twice the rate expected from August to September, the U.S. Census Bureau reported Friday. Retail sales, including food service sales, adjusted for seasonal variations but not for prices, rose 1.1 percent to reach $395.5 billion, up 1.1 percent from the previous month. Economists expected sales […]

U.S. Inventories Rose In August

WASHINGTON, Oct. 14 (UPI) — Manufacturing and trade business inventories rose 0.5 percent in August, ahead of the consensus forecast, the U.S. Commerce Department said Friday. Economists had expected a 0.3 percent rise. Inventories rose to $1.53 trillion, a 10.5 percent increase from a year earlier. Trade sales and manufacturers’ shipments rose 0.3 percent from […]

Wozniak, Apple Co-Founder, Waits In Line

LOS GATOS, Calif., Oct. 14 (UPI) — The co-founder of Apple Inc., Steve Wozniak, knew where he wanted to be this week, waiting in line at an Apple store in California to buy an iPhone 4S. Like thousands of Apple fans across the country and around the world, Wozniak has chosen for several product launches […]

Solyndra CEO Resigns

FREMONT, Calif., Oct. 13 (UPI) — Brian Harrison, chief executive officer for solar energy firm Solyndra has resigned, court papers filed in Delaware said. In bankruptcy court amid controversy over the $535 million in government loan guarantees that failed to keep the company solvent, official filings say Harrison resigned last week, CNNMoney reported Thursday. The […]

Jobless Claims Drop Slightly

WASHINGTON, Oct. 13 (UPI) — First-time jobless benefit claims declined by 1,000 in the week ending Saturday with 404,000 claims filed, the U.S. Labor Department said Thursday. The four-week rolling average for claims filed was 408,000, down 7,000 from the previous revised average, the department said. In September, the unemployment rate was 9.1 percent, unchanged […]

Trade Deficit Steady At $45.6 Billion

WASHINGTON, Oct. 13 (UPI) — The U.S. international trade deficit held steady in August at $45.6 billion, the U.S. Census Bureau said Thursday. The figure was “virtually unchanged” from July’s revised deficit figure, the bureau said. For August, exports totaled $177.6 billion, while imports totaled $223.2 billion. Exported goods dropped by $100 million to $126.7 […]

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