Tagged: Economics reporting

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Coverage: Auto sales continue to slump

Major automakers reported a fourth consecutive month of lower U.S. new vehicle sales for June and came in below analyst expectations, despite hefty consumer discounts and looser loan terms. Nick Carey of Reuters had the...

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Coverage: Fed raises interest rates again

The Federal Reserve Board raised its benchmark interest rate for the third consecutive quarter on Wednesday, demonstrating confidence in the American economy. Binyamin Appelbaum of the New York Times had the news: The Fed, as...