Dow loses 86 points, barely in black for '15
An early rally on Wall Street quickly evaporated Wednesday, as the combination of rising oil prices and higher interest rates took a toll on stocks for a second straight session. After rallying more than 90 points in the opening minutes of trading, the …
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Gas prices or economy, experts disagree on what drives US demand
Yet it remains to be seen how they respond to an environment of less-cheap prices but more abundant jobs. Some reckon it should make little difference if the economy keeps humming along. Overall, the U.S. economy has added more than 3.5 million jobs …
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1Q productivity falls 1.9% on higher labor costs
"This is exactly what happened at this time last year, when the unseasonably bad winter hit output more than employment," said Paul Ashworth, chief U.S. economist at Capital Economics. "Productivity will rebound in the second quarter and unit labor …
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