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Crude oil pushes toward $96
WASHINGTON, Nov. 14 (UPI) -- U.S. manufacturing and trade inventories rose by 0.7 percent in September to a seasonally adjusted $1.612 trillion, the U.S. Census Bureau said Wednesday.
The report showed manufacturing and trade sales rose 1.4 percent on a seasonally adjusted basis to $1.26 trillion.
From July 2011, inventories rose by 6.2 percent while sales rose 4.4 percent from a year earlier.
The inventory-to-sales ratio -- reflecting how many months it would take a company to deplete its inventory at the current sales pace -- came in at 1.28, slightly higher than a year earlier, when the ratio was 1.25.
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TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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