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US jobless claims hit more than eight-year low, but home sales tumble

 

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Argentina debt talks deadlocked as default with US looms

Argentina's negotiations with creditors to resolve a dispute over $1.5 billion in unpaid debts remained deadlocked....

Study says national parks boost economy in West

National parks and monuments boosted the economies of surrounding communities in Wyoming, Montana and Idaho by a combined $1.15 billion last year, according to a...

UK economy grows to surpass pre-crisis peak

Britain's economy has grown to surpass the peak it reached in 2008, before the global banking crisis caused a deep recession, official figures showed Friday....

Geopolitical crises help push German business morale to low

German business sentiment fell to its lowest level in nine months in July, adding to signs that Europe's largest economy is slowing and suggesting that...

Argentine debt mediator says time running short for deal

Less than a week before Argentina could default on its sovereign bonds, the government and holdout creditors have yet to meet face‑to‑face despite an urgent...

Euro zone business on solid footing but firms cut prices - PMI

The euro zone's private sector expanded at the fastest rate in three months in July, although faster growth in new business was driven mainly by...

World shares subdued amid Russia sanctions report

World shares were rattled Thursday by reports the European Union is weighing stiffer financial sanctions against Russia....

Asia stocks supported as China's factories revive

Asian stocks edged higher on Thursday as U. S. tech earnings impressed and a surprisingly strong reading on Chinese manufacturing bolstered hopes for recovery in...

South Korea unveils stimulus after ferry sinking

South Korea's government announced a $40 billion stimulus plan Thursday after the shock of a deadly ferry sinking slowed economic growth to the lowest level...