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16 HOURS AGO - Futures Magazine

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Loonie looks for gains

The Canadian dollar gained for a fourth day after economic growth rebounded to the fastest in almost three years in the second quarter, led by exports and household spending on big-ticket items.

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18 HOURS AGO - Business Insider

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U.S. Consumer Spending Slips; Savings Highest In 1-1/2 Years

WASHINGTON, Aug 29 (Reuters) - U.S. consumer spending unexpectedly fell in July as savings rose to their highest level in more than 1-1/2 years, a sign that households remain cautious despite an acceleration in economic and jobs growth.The Commerce Department said on Friday consumer spending dipped 0.1 percent last month, the first decline since January, after an unrevized 0.4 percent ...

Tags: U.S. Consumer Spending Slips; Savings Highest In 1-1/2 Years,  Exports Latest News

20 HOURS AGO - Washington Business Journal

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Economic growth for Q2 revised upward

The U.S. economy rebounded more rapidly than initially reported, according to a revised U.S. Department of Commerce report. USA Today reports gross domestic product grew by 4.2 percent in the second quarter – better than the 4 percent annual pace first reported by the Commerce Department. Much of the higher revised estimate was based on stronger business investment growth of ...

Tags: Economic growth for Q2 revised upward,  Exports Latest News

AUG 28, 2014 - TheStreet

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Teva Dividend Could Be Hurt by Bank of Israel’s Rate Cut

TEL AVIV (TheStreet) -- The recent decision from Bank of Israel to cut its basic cash rate to a historic low of 0.25% could also bring down the dividend payment to investors in leading Israeli companies such as Teva Pharmaceutical Industries a and Check Point Software Technologies . Why? This decision may depreciate the Israeli currency, the New Israeli Shekel, ...

Tags: Teva Dividend Could Be Hurt by Bank of Israel’s Rate Cut,  Exports Latest News

AUG 28, 2014 - Wall Street Journal

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U.K. Economy Seen Growing 3.2%

Stronger-than-expected growth for the U.K. economy this year is likely to be slowed down by 2015, when exports are unable to compensate for the drop in consumption caused by interest-rate increases, the British Chambers of Commerce said.

Tags: U.K. Economy Seen Growing 3.2%,  Exports Latest News