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Pound Retreats on Brexit Day; Europe Stocks Drift

EghtesadOnline: European stocks and U.S. share futures struggled for direction as a bounce on optimism over the American economy faded and President Donald Trump battled to revive his legislative agenda. The pound weakened as the U.K. started its exit from the EU.
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Publish Date: 29/March/2017 | 13:03

Consumer confidence hits 16-year high in boost to economy

EghtesadOnline: U.S. consumer confidence surged to a more than 16-year high in March amid growing labor market optimism while the goods trade deficit narrowed sharply in February, indicating the economy was regaining momentum after faltering at the start of the year.
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Publish Date: 29/March/2017 | 08:53

U.S. factory, consumer sentiment data boost economic outlook

EghtesadOnline: U.S. factory output increased for a sixth straight month in February while consumer sentiment rebounded in early March, underscoring the economy's resilience even as growth appears to have slowed significantly in the first quarter.
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Publish Date: 18/March/2017 | 15:56

Fed expected to raise rates as U.S. economy flexes muscle

EghtesadOnline: The Federal Reserve is expected to raise interest rates for the second time in three months on Wednesday, encouraged by strong monthly job gains and confidence that inflation is finally rising to its target.
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Publish Date: 15/March/2017 | 06:05

Buffett Says Immigrants Help ‘Miraculous’ Story of America

EghtesadOnline: Billionaire investor Warren Buffett, wading into the national debate over immigration, said the “miraculous” achievements of the U.S. economy since its founding can be attributed in part to people who had the courage to leave their home countries for America.
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Publish Date: 26/February/2017 | 10:14

U.S. economy slows on wider trade gap; business spending rises

EghtesadOnline: U.S. economic growth slowed sharply in the fourth quarter as a plunge in shipments of soybeans weighed on exports, but steady consumer spending and rising business investment pointed to sustained strength in domestic demand.
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Publish Date: 29/January/2017 | 05:26

U.S. Economic Momentum Faces Wild Card in Trump Trade Policy

EghtesadOnline: The U.S. economy entered 2017 with a solid head of steam, driven by consumer spending and a pickup in business investment. President Donald Trump could add to that momentum, or kill it should trade tensions keep flaring.
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Publish Date: 28/January/2017 | 04:46

U.S. GDP Growth Cools on Trade Drag; Business Outlays Rise

EghtesadOnline: U.S. economic growth slowed more than forecast last quarter on the biggest drag from trade in six years and more moderate consumer spending. Business investment picked up, which may be a harbinger for faster expansion in 2017.
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Publish Date: 27/January/2017 | 16:06

Soros Says Markets to Slump With Trump, EU Faces Disintegration

EghtesadOnline: It’s tough to be gloomier than billionaire George Soros right now. America has elected a would-be dictator as president, the European Union is disintegrating, U.K. Prime Minister Theresa May won’t last long as her nation prepares to secede from the EU, and China is poised to become an even more repressive society, the investor told Bloomberg Television’s Francine Lacqua from the World Economic Forum in Davos.
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Publish Date: 20/January/2017 | 11:33
The economy was stronger in 2016 than several previous election years

What History Has to Say About the Economy Trump Will Inherit

EghtesadOnline: Research suggests factors beyond the control of any U.S. president, not their actual policies, set the course of the economy. Yet with voters, President-Elect Donald Trump will secure much of the praise or blame when it comes to the impact of his agenda over the next four years.
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Publish Date: 29/December/2016 | 18:52

U.S. Economic Growth Revised Up to 3.5% Pace in Third Quarte

EghtesadOnline: The U.S. economy expanded more than previously reported last quarter on bigger contributions from a range of factors including services spending, intellectual property and construction by state and local governments.
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Publish Date: 24/December/2016 | 14:00

Trump-Trade Rally Pushes Dollar to Weekly Surge as Bonds Slump

EghtesadOnline: The Trump-trade has dominated markets this week. The dollar extended its record winning streak against the euro on speculation Donald Trump’s economic policies will trigger faster monetary tightening in the world’s largest economy.
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Publish Date: 19/November/2016 | 08:16

Earnings season begins as White House race heats up

EghtesadOnline: The roughly month-long corporate earnings announcement season that kicks off on Wall Street next week coincides with the final, most intense stretch of the U.S. presidential campaign.
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Publish Date: 08/October/2016 | 09:01

U.S. apartment vacancy rate stays flat in third quarter

EghtesadOnline: U.S. apartment vacancy rate was unchanged at 4.4 percent in the third quarter from the second, while rent growth decelerated in a period that generally sees the strongest increase, real estate research firm Reis Inc said on Monday.
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Publish Date: 04/October/2016 | 08:27

U.S. household income posts record surge in 2015, poverty falls

EghtesadOnline: U.S. household income posted a record increase in 2015 after years of stagnation, suggesting the recovery from the Great Recession was finally lifting ordinary citizens who had been largely left behind.
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Publish Date: 14/September/2016 | 04:36

Bank rally on shaky legs as traders assess rate hike odds

EghtesadOnline: A rare run of outperformance by U.S. bank shares appears to have hit a wall as a spate of soft readings on the economy have tempered bets that the Federal Reserve might raise rates soon.
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Publish Date: 10/September/2016 | 07:17

Stigltiz Says Trump Presidency a Nightmare

EghtesadOnline: Donald Trump would be a “nightmare” as US president, making relations with other countries “extraordinarily difficult” and placing the US economy in jeopardy, Joseph Stiglitz told CNBC, adding that the Republican candidate had “no deep understanding of economics other than knowing how to go bankrupt.”
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Publish Date: 04/September/2016 | 11:36