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Dollar edges higher ahead of U.S. durable goods report

The dollar edged higher against its major rivals in pre-holiday trade on Wednesday, as investors awaited the release of U.S. durable goods data due later in the day for further indications on the strength of the economy. The U.S. dollar index, which measures the greenback’s strength against a...
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Dollar remains broadly lower after downbeat U.S. data

Investing The dollar remained broadly lower against the other major currencies on Tuesday, after the release of downbeat U.S. economic reports dampened demand for the greenback. Trading volumes were expected to remain limited ahead of the Christmas Holiday. USD/JPY slid 0.33% to 120.79. The dollar weakened after the...
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Factory Orders Fall for 2nd Straight Month in September

WASHINGTON — New orders for U.S. factory goods fell for a second straight month in September as the manufacturing sector continues to struggle under the weight of a strong dollar and deep spending cuts by energy companies. Motor vehicle production, however, remains a bright spot as orders surged...
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Can Amazon Prime Sign Up Half of U.S. Households by 2020?

Amazon(AMZN) is known for keeping quiet when it comes to numbers on its Prime membership program, but analysts certainly have high hopes for the subscription service. Ben Schachter, an analyst at Macquarie Securities, recently told The New York Times that by 2020, he expected half of American households...
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’12 Days of Christmas’ Items Top

PITTSBURGH — Lords a-leaping is the U.S. economy slow to recover! The cost of 10 lords a-leaping increased 3 percent over last year, but nine of the other 12 gifts listed in the carol “The Twelve Days of Christmas” stayed the same price as last year, according to...
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For Third Straight Quarter, U.S. CEOs Cautious on Economy

CHICAGO — For the third consecutive quarter, U.S. CEOs expressed growing caution about the country’s economic prospects in the short term and more said they expected to curtail capital investments over the next six months, according to a survey released Tuesday. The Business Roundtable CEO Economic Outlook Index...
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