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Weak Housing, Factory Data Hint at Modest 4Q Growth

Factory activity in the Midwest shrunk in November and contracts to buy previously owned U.S. homes rose marginally, the latest suggestions that economic growth will probably remain modest in the fourth quarter. The raft of weak economic reports isn’t likely to stop the Federal Reserve from hiking interest...
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Know the Risks of Year-End Mutual Fund Purchases

When it comes to investing, most experts offer the same advice: If you are a typical mutual fund buyer saving for college or retirement, don’t try to time the market. It’s a loser’s game. Except that you might tweak your timing a little — just a little —...
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Market Wrap: Stocks Gain with Health Care, Upbeat Auto Sales

NEW YORK — U.S. stocks started December stronger Tuesday as health and consumer shares bounced back while auto sales suggested upbeat growth in November. The S&P health care index jumped 1.7 percent, while the consumer discretionary index was up 1 percent, both retracing Monday’s losses. UnitedHealth Group (UNH)...
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Private Payrolls, Wage Data Point to Sturdy Job Market

WASHINGTON — U.S. private employers boosted hiring in November and wage growth appeared to pick up in the third quarter, signs of labor market strength that could support the first Federal Reserve interest rate increase in nearly a decade later this month. The reports released Wednesday overshadowed data...
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How to Get Richer Without Getting a Raise

Live the life you want without working all the time. That’s the message of Tim Ferriss — entrepreneur, angel investor, public speaker and author of several bestselling books, including “The 4-Hour Workweek.” And it’s helped him achieve massive success. Tim Ferriss is a finalist in GOBankingRates’ 2015 “Best...
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Yellen Says ‘Looking Forward’ to Day of Rate Hike

WASHINGTON — Federal Reserve Chair Janet Yellen said Wednesday she was “looking forward” to a U.S. interest rate rise that will be seen as a testament to the economy’s recovery from recession. Fed policymakers are widely seen raising interest rates for the first time in almost a decade...
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Market Wrap: Stocks End Sharply Lower; Energy Leads Drop

WASHINGTON — Federal Reserve Chair Janet Yellen said Wednesday she was “looking forward” to a U.S. interest rate rise that will be seen as a testament to the economy’s recovery from recession. Fed policymakers are widely seen raising interest rates for the first time in almost a decade...
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December Rate Hike Assured, Yellen Faces Future Battles

WASHINGTON and PHILADELPHIA — Federal Reserve Chair Janet Yellen has the evidence of U.S. labor market health she wanted in order to raise benchmark interest rates for the first time in a decade this month, but she may have a tougher time selling further hikes. Yellen’s arguments against...
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