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abtest

US budget deficit widens $139 B in May

June 14, 2013 - 12:00am

The government reported Wednesday that the US budget deficit widened in May by $139 billion.

Business

US budget deficit widens $139 billion in May

By Martin Crutsinger | June 13, 2013 - 9:29am

The government reported Wednesday that the U.S. budget deficit widened in May by $139 billion. But the annual deficit stayed...

World

US estimates 2013 deficit at $642 billion

By Andrew Taylor | May 15, 2013 - 9:12am

The budget deficit for the current year is projected to come in well below what was estimated just a few months ago, according to a government study released Tuesday.

World

Stocks plunge after US hiring dries up in August

September 3, 2011 - 4:35am

Stocks plunged Friday after a dismal report on the job market renewed fears of another recession.

US stocks start 2011 with a big lift

January 5, 2011 - 12:00am

Stocks started 2011 with a big lift on Monday, and that could be a promising sign for the rest of the year.

Business

Dow plunges 145 points on weak economic data

June 26, 2010 - 12:00am

Stocks fell Thursday following disappointing forecasts from retailers and concern about the government’s financial overhaul package.

Business

US Fed keeps rates at record lows

March 18, 2010 - 12:00am

The Federal Reserve on Tuesday repeated its pledge to hold interest rates at record lows to foster the US economic recovery and ease high unemployment.

Business

Watchdog: US bailouts created more risk in system

January 31, 2010 - 12:00pm

WASHINGTON (AP) — The government's response to the financial meltdown has made it more likely the United States will face a deeper crisis in the future, an independent watchdog at the Treasury Department ...

US Fed holds interest rates at record low

December 18, 2009 - 12:00am

The Federal Reserve pledged Wednesday to hold interest rates at a record low to drive down double-digit unemployment and sustain the economic recovery.

Business

Freddie Mac loses $6.3B in 3Q

November 7, 2009 - 8:07am

WASHINGTON (AP) — Freddie Mac's losses narrowed to $6.