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Editorial Results (free)
1. US Home Sales Drop 5.1 Percent in January
- Monday, February 24, 2014
Sales of existing U.S. homes plummeted in January to the worst pace in 18 months. Cold weather, limited supplies of homes on the market and higher buying costs held back purchases.
The National Association of Realtors said Friday that sales fell to a seasonally adjusted annual rate of 4.62 million units last month. That was down 5.1 percent from the December pace. The sales rate declined 5.1 percent over the previous 12 months.
2. Surprise From Fed: No Pullback in Bond Purchases
- Thursday, September 19, 2013
WASHINGTON (AP) – In a surprise, the Federal Reserve has decided against reducing its stimulus for the U.S. economy because its outlook for growth has dimmed in the past three months.
The Fed said it will continue to buy $85 billion a month in bonds while it awaits conclusive evidence that the economy is strengthening. The Fed's bond purchases are intended to keep long-term borrowing rates low to boost spending and economic growth.
3. ADP: Private Employers Add 200,000 Jobs This Month
- Thursday, August 01, 2013
WASHINGTON (AP) – A private survey shows U.S. businesses created a healthy 200,000 jobs this month.
The payroll company ADP said Wednesday that companies hired in July at the fastest pace since December. And it revised up its estimate of the number of jobs the private sector created in June from 188,000 to 198,000.
4. US Factories Increase Output in June for 2nd Month
- Wednesday, July 17, 2013
WASHINGTON (AP) – U.S. factories cranked out more business equipment, home electronics and autos in June, boosting manufacturing output for the second straight month. The gains suggest factories may be starting to recover from a slow start this year.
5. Fed Suggests It's Closer to Slowing Bond Purchases
- Thursday, June 20, 2013
WASHINGTON (AP) — Chairman Ben Bernanke ended weeks of speculation Wednesday by saying the Federal Reserve will likely slow its bond-buying program later this year and end it next year if the economy continues to improve.
6. US Gas Demand Should Fall for Good After '06 Peak
- Tuesday, December 21, 2010
NEW YORK (AP) – The world's biggest gas-guzzling nation has limits after all.
After seven decades of mostly uninterrupted growth, U.S. gasoline demand is at the start of a long-term decline. By 2030, Americans will burn at least 20 percent less gasoline than today, experts say, even as millions of more cars clog the roads.