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A Goldman Sachs analyst said don't hold your breath, but predicted the U.S. government shutdown will end with a double-deal compromise in mid-October.
Twitter Inc. plans a $1 billion stock market launch under the TWTR ticker symbol, but the U.S. online messaging service revealed it has never turned a profit.
The head of a trade group representing U.S. bankers said Wednesday the federal government shutdown will hurt what he called a "shallow recovery" from recession.
Income inequality has been growing since the 1970s but U.S. President Barack Obama's economic policies are making it worse and much faster than Presidents George W. Bush or Bill Clinton.
Retail business pulled out of a late summer slump in the United States in the week ending Saturday, a prominent trade group said.
Stocks moved higher on Wall Street Tuesday as data from China showed strength in their economic recovery and worries over Syria receded.
The Dow Jones industrial average is getting a makeover with three blue-chip U.S. firms being turned out and three others replacing them, index officials said.
Credit rating firm Moody's Investors Service said it could cut the credit ratings of three large U.S. banks, citing shifting federal policies as the reason.
A New York banker has been charged with raping a young woman at a summer rental home in the Hamptons, authorities say.
U.S. retail sales slipped 1.9 percent from week to week in the seven days ending Saturday, a trade group reported.
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