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Martin Crutsinger

This May 15, 2014 photo shows new home under construction in the Winthrop sub-division in Riverview, Fla. The Commerce Department reports on U.S. home construction in June on Thursday, July 17, 2014. (AP Photo/Chris O'Meara)
Business

US home construction drops 9.3 percent in June

Martin Crutsinger -
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In this June 6, 2014 photo, servers Lindsey Hayden, second from left, and Emma Franz serve lunch to patrons at Coppertop restaurant in Valley City, Ohio. A Federal Reserve survey released Wednesday, July 16, 2014 indicates the economy kept expanding in all regions of the country in June and early July, helped by strength in consumer spending. (AP Photo/Mark Duncan)
Business

Latest Fed survey sees improved economy

Martin Crutsinger -
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Federal Reserve Chair Janet Yellen removes her glasses as she testifies on Capitol Hill in Washington, Wednesday, July 16, 2014, before the House Financial Services Committee hearing entitled:
Business

Yellen rejects move to set up formula for Fed

Martin Crutsinger -
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FILE - In this July 2, 2014, file photo, Federal Reserve Chair Janet Yellen speaks at the International Monetary Fund in Washington. Yellen testifies to a Senate committee to deliver the Fed's twice-a-year report to Congress on interest-rate policy and the economy on Tuesday, July 15, 2014. (AP Photo/Susan Walsh, File)
Business

Labor market still needs Fed support, chair says

Martin Crutsinger -
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FILE - This March 14, 2014 file photo shows the Federal Reserve headquarters building in Washington. In the minutes of the Federal Reserve's June 17-18 meeting issued Wednesday, July 9, 2014, Fed officials had differing views on the best way to signal to financial markets when they might raise a key short-term interest rate. They were in broad agreement, however, that their monthly bond buying program will end in October. (AP Photo/J. David Ake, File)
Business

Fed sees October end for monthly bond buying

Martin Crutsinger -
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This Monday, May 19, 2014 photo shows a duplex home for sale in the Coconut Grove neighborhood in Miami. Freddie Mac releases weekly mortgage rates on Thursday, July 3, 2014. (AP Photo/Lynne Sladky)
Business

Average rate on 30-year mortgages dips this week

Martin Crutsinger -
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In this Monday, April 21, 2014 photo, a worker inspects a crate that will be loaded on the Amsterdam-bound Fortunagracht at the Port of Cleveland in Cleveland. The Commerce Department releases international trade data for May on Thursday, July 3, 2014. (AP Photo/Tony Dejak)
Business

US trade deficit drops to $44.4 billion in May

Martin Crutsinger -
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Applications for US unemployment benefits edge up
Business

Applications for US unemployment benefits edge up

Martin Crutsinger -
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Federal Reserve Chair Janet Yellen speaks at the International Monetary Fund in Washington, Wednesday, July 2, 2014. Yellen said she doesn't see a need for the Fed to start raising interest rates to address the risk that extremely low rates could destabilize the financial system. (AP Photo/Susan Walsh)
Business

Yellen sees little threat to financial stability

Martin Crutsinger -
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In this Friday, May 16, 2014 photo, cranes fill the skyline at the Brickell CityCentre construction site located in the center of the Brickell financial district in downtown Miami. The project is mixed use office, residential, hotel, retail and entertainment space. The Commerce Department reports on U.S. construction spending in May on Tuesday, July 1, 2014. (AP Photo/Lynne Sladky)
Business

US construction spending up 0.1 percent in May

Martin Crutsinger -
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