Stories tagged with "consumer spending"
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Stocks jump after better-than-expected jobs report
NEW YORK — Stocks jumped today after the government’s employment report showed fewer jobs were cut in February than expected. Major stock indexes climbed more than 1...
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State hopes Web site will lure business
Economic development recruiters insist that face-to-face contact and a handshake are two of the best ways to lure — and secure — new business to Indiana. But...
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Report: Consumers spent modestly in January
Americans backed off from holiday spending in January, but retail sales rose for a third month in a row compared with a year earlier, largely because of gas price hikes, according...
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Stocks trade mixed as European debt woes remain
12:30 PM UPDATE — Stocks trade mix Stocks traded mixed today as investors remained wary about the strength of the economic recovery and mounting debt in Europe. The...
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Return of $3 gas to Indianapolis
Prices are expected to keep rising. Only a few days into the new year and gasoline prices are headed up again around Indianapolis, probably flirting with $3 a gallon in a few days...
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Incomes, spending post solid gains in November
WASHINGTON — Personal incomes rose in November at the fastest pace in six months, while spending posted a second straight increase. But economists caution that the gains remain too...
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Joyful and triumphant -- despite the hard times
Now begins the holiday season, our annual extravaganza of travel, shopping, worshipping, eating and deep emotions. Some treasure every moment of it. Some look anxiously for gold...
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News on home sales, joblessness lifts stocks
NEW YORK — A drop in unemployment claims and a rise in home sales pulled the stock market higher in light trading ahead of Thanksgiving. Modest gains Wednesday left the Dow...
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Retailers to stretch out Cyber Monday deals
(Find list of Cyber Monday deals at bottom of story) NEW YORK — Retailers are thinking beyond Cyber Monday — a holiday marketing promotion many push for the Monday...
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Our hard-won savings are earning much less
NEW YORK — The U.S. is finally becoming a nation of savers. Now if only we could get something for our money. Interest rates are sinking to near zero for the first time since...
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Auto sales boost retail figures' 1.4 percent rise in October
WASHINGTON — Retail sales rose more than expected in October, but the gain largely reflected a big rebound in auto sales. Sales fell at many other retail stores as consumer...
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Unemployment now in double digits
Many consumers are unemployed and having a hard...
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Indiana University forecast: Indiana economy to slowly rebound in 2010
Indiana’s economy is headed for a rebound in 2010 but don’t expect it to be robust. In their annual forecast, Indiana University economists today crept out on an...
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Debit is the card of choice for consumers
Fears about economy have led many to put away the credit card The recession has cooled the American ardor for living on credit. After years of saying “Charge it,”...
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Retail sales, Alcoa propel stocks
NEW YORK — The stock market resumed its rally after getting encouraging readings on two of the best gauges of the economy’s health: consumer spending and corporate...
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Hoosiers join nation in worries about economy
Hoosiers, like nation, remain worried about sputtering economy Bob Watson feels lucky to have a job. Lindy Cosme has a job, but not one she went to college for. Ronnie Woodfork has...
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Consumers slash borrowing by biggest amount on record
Economists: Such behavior could spell a lethargic recovery WASHINGTON — The amount Americans owe on credit cards and other consumer loans plunged a record $21.6 billion in...
