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American consumer confidence unexpectedly declined in August to a nine-month low, repressed by gloomy wage perceptions. more
The cost for a middle-income family to raise a child born last year to age 18 is $245,340, a 1.8 percent increase from the previous year and the smallest jump since the financial crisis, according to the government. more
Home construction rebounded in July and the cost of living rose at a slower pace, showing a strengthening U.S. economy has yet to generate a sustained pickup in inflation. more
The Corporation for National and Community Service has awarded a $345,000 grant to Rhode Island Campus Compact to bring 23 new AmeriCorps Vista members into the state to help build campus-community partnerships supporting education and economic opportunity. more
U.S. stocks rose, sending the Standard & Poor’s 500 Index to within three points of an all-time high, amid speculation the Federal Reserve will continue to support low interest rates as the economy recovers. more
Even after doling out discounts on electronics and clothes, retailers struggled to entice shoppers to Black Friday sales events, putting pressure on the industry as it heads into the final weeks of the holiday season. more
American families will need to continue to reduce debt, which means consumer spending and economic growth will be slow to accelerate, according to research from the Federal Reserve Bank of St. Louis. more
CBS Corp., owner of the most-watched U.S. television network, agreed to renew affiliation agreements for 12 stations owned by Lin Media LLC, helping the local-TV chain cement the terms of its takeover by Media General Inc. more
U.S. stocks rose, extending the biggest monthly gain since February, as financial, health care and technology shares led the advance. more
Consumer spending in the United States unexpectedly dropped in July for the first time in six months, a sign households are lagging behind as wages fail to accelerate. more
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