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Figures on government spending and debt

Submitted by Fox First at Ten on September 14th

WASHINGTON (AP) - Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30.

News Summary: Gas, cars push up US retail sales

Submitted by Fox First at Ten on September 14th

By The Associated Press HIGHER SALES: U.S. retail sales rose in August from July, mostly because consumers paid higher gas prices and bought more cars and trucks. Retail sales increased a seasonally adjusted 0.9 percent, the Commerce Department said Friday. OTHER SALES TEPID: Outside autos and

News Summary: Copper up on hopes for better demand

Submitted by Fox First at Ten on September 14th

By The Associated Press GLEAMING COPPER: The price of copper rose on a bet that it may be one of the first commodities to benefit if the U.S., Europe and China prove successful in building up their economies. Investors consider copper a barometer of global economic health because it is used

Rising gas prices crimp Americans' spending

Submitted by Fox First at Ten on September 14th

By CHRISTOPHER S. RUGABERAP Economics Writer WASHINGTON (AP) - Higher gas prices are crimping consumer spending and slowing the already-weak U.S. economy. And they could get worse in the coming months. The Federal Reserve this week took steps to boost economic growth. But those stimulus

Copper surges on hopes that demand will improve

Submitted by Fox First at Ten on September 14th

By SANDY SHOREAP Business Writer The price of copper pushed higher Friday on a bet that it may be one of the first commodities to benefit if the U.S., Europe and China prove successful in building up their economies. Copper for December delivery rose 12.25 cents, or 3.3 percent, to finish at $3

Dollar and precious metals at a glance

Submitted by Fox First at Ten on September 14th

NEW YORK (AP) - Key currency exchange rates Friday, compared with late Thursday in New York:

US rig count unchanged at 1,864

Submitted by Fox First at Ten on September 14th

HOUSTON (AP) - The number of rigs actively exploring for oil and natural gas in the U.S. remained unchanged this week at 1,864. Houston-based oilfield services company Baker Hughes Inc. reported Friday that 1,413 rigs were exploring for oil and 448 were searching for gas. Three were listed as

Buying American in Tehran: Apples, razors and Coke

Submitted by Fox First at Ten on September 14th

By BRIAN MURPHY and NASSER KARIMIAssociated Press TEHRAN, Iran (AP) - The Great Satan still sells in Iran. Even after decades of diplomatic estrangement and tightening economic sanctions, American products manage to find their way into the Iranian marketplace. The routes are varied: back

News Summary: NYSE paying $5M to settle charges

Submitted by Fox First at Ten on September 14th

By The Associated Press NYSE PAYS FINE: The New York Stock Exchange is paying $5 million to settle federal civil charges that it gave some customers an unfair head start by providing them with trading data ahead of the wider public. A FIRST: The action marked the first time the Securities and

Dollar falls to 4-month low vs euro after Fed plan

Submitted by Fox First at Ten on September 14th

NEW YORK (AP) - The dollar hit a four-month low against the euro Friday, a day after the Federal Reserve said that it will launch another round of bond purchases to help boost the U.S. economy. The euro rose to $1.3117 late Friday from $1.2985 late Thursday. The euro rose as high as $1.3168 Friday