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Wednesday, March 19, 2014
Cheaper energy kept U.S. consumer prices in check last month, despite a big rise in the cost of food, the latest sign that inflation is tame.
The Janet Yellen era at the Federal Reserve begins in earnest this week with a two-day meeting, a policy statement and fresh economic forecasts. Yet all that will be a prelude to the marquee event: Yellen's first news conference as Fed chair.
Foreign investors will be able to do business in communist Cuba without fear of government interference once a new law is approved later this month, a top lawmaker told state media on Monday.
Moody's lowered its credit rating for Argentina by 1 step Monday, citing a sharp fall in the country's reserves and inconsistent economic policies.
Tuesday, March 18, 2014
U.S. factory output rebounded strongly in February after harsh winter storms caused a steep drop-off in production in January. Manufacturers produced more autos, home electronics and chemicals.
Monday, March 17, 2014
The morning caffeine hit is about to get more pricey as drought in top producer Brazil has sparked fears of a global shortfall of coffee this year, sending the price of beans soaring.
Drought in Brazil to cause jump in world coffee prices
An unnamed Silicon Valley billionaire has purchased the world's most valuable life insurance policy, worth US$201 million.
Sunday, March 16, 2014
The U.S. Federal Deposit Insurance Corp. has sued 16 big banks that set a key global interest rate, accusing them of fraud and conspiring to keep the rate low to enrich themselves.
Saturday, March 15, 2014
The prices U.S. companies receive for their goods and services fell slightly in February, the latest sign that inflation is tame.
Friday, March 14, 2014
U.S. retail sales bounced back in February after suffering a steep decline during a bitterly cold January. Shoppers spent more on autos, clothing and furniture.
  
  
  
  
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