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Stocks rise, treasuries fall on stimulus bets

NEW YORK – U.S. stocks rose for a second day as investors got a reprieve from trade posturing and speculation mounted that European officials...

Fed survey finds tariffs pushing up prices, pinching profits

WASHINGTON – A new survey by the Federal Reserve Bank of New York found a growing conviction among businesses that President Donald Trump’s tariffs...
U.S. FACTORY OUTPUT declined 0.4% in July, according to the Federal Reserve. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

Output at U.S. factories falls after biggest gain this year

WASHINGTON – United States factory output retreated in July after rising a month earlier by the most this year, signaling manufacturing is having trouble...

Trump’s trade war challenges Fed’s independence

All four living former chairs of the Federal Reserve took to the op-ed page of the Wall Street Journal on Aug. 5 to defend...
The continuing drop in interest rates has made homes more affordable, but it has increased mortgage refinancing even more, according to the Mortgage Bankers Association. / BLOOMBERG NEWS FILE PHOTO/MIKE MERGEN

Should you refinance your mortgage? Fever sweeps U.S.

NEW YORK – Suddenly, mortgage broker Mark Livingstone is working weekends and spending his meager free time reading resumes, because he needs help handling the...

U.S. consumer credit increased less than forecast in June

WASHINGTON – United States consumer debt rose less than forecast in June as Americans whittled away at their credit-card balances following a big bump...
THE FEDERAL RESERVE has cut interest rates by a quarter of a percentage point. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed cuts rates by quarter point and signals potential for more

WASHINGTON – The Federal Reserve reduced interest rates for the first time since the financial crisis and hinted it may cut again this year...
THE U.S. ECONOMY expanded at a 2.1% annualized rate in the 2019 second quarter, driven in large part by increased consumer spending. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

U.S. growth slows to 2.1% as trade tensions weigh on businesses

WASHINGTON – U.S. economic growth slowed in the second quarter by less than forecast as consumer spending topped estimates, though weaker business investment and exports...

Washington Trust encouraged that Fed expected to cut interest rates

WESTERLY – After reporting a 2.3% decline in second-quarter profit compared to the previous year, The Washington Trust Co. executives on July 22 welcomed...

Goldman says 4,000 conference calls show dimmer U.S. outlook

NEW YORK – Sentiment expressed in public communications by the biggest American companies slumped in June to the lowest level in at least a...
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