Updated March 31 at 10:09pm
Local News
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Orders for durable goods unexpectedly climbed for a third month in April, a sign U.S. factories will help the world’s biggest economy strengthen. more
Bank of America Corp. rose the most in more than a year after the firm resubmitted its request for a bigger payout to the Federal Reserve. more
U.S. stocks rose, following the first back-to-back weekly losses since January for the Standard & Poor’s 500 Index, as Internet and small-cap shares extended a rally after a selloff. more
U.S. banks had $37.2 billion in first-quarter net income as mortgage and trading revenue fell, the Federal Deposit Insurance Corp. said in its quarterly report on industry earnings. more
Federal Reserve Bank of Philadelphia President Charles Plosser said the strongest U.S. economy in years, buoyed by a solid housing market, may push the jobless rate below 6 percent by year-end. more
U.S. stocks fell, halting a two-day advance, as retailers from Staples Inc. to Urban Outfitters Inc. slumped on worse-than-estimated earnings and small-cap companies retreated. more
Prices for single-family homes climbed in 74 percent of U.S. cities in the first quarter, fewer than a year earlier, as the nation’s housing rebound cools. more
Applications for unemployment benefits in the U.S. rose to 317,000 last week, holding below this year’s average and signaling sustained progress in the labor market. more
U.S. states took in 6.1 percent more revenue in fiscal 2013 than they did the year before for a record $846.2 billion, according to the Census Bureau. more
Consumer confidence declined last week from the highest level in more than seven years as Americans’ attitudes about their finances ebbed with the stock market. more
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