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CompareCC News Archive Listing for Economy during 2005-11-29.
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Chain store sales fall: report
 
Reuters - U.S. chain store retail sales fell in the latest week, a retail report said on Tuesday.
Consumer Confidence Soars in November
 
AP - Consumer confidence soared in November as declining gasoline prices and an improving job market contributed to a stronger-than-expected reading that could bode well for the holiday shopping season.
End to Rate Hikes May Not Benefit Stocks
 
AP - Now that the Federal Reserve has hinted that its series of interest-rate increases may soon end, some investors are already getting excited about the prospects of what that could mean for stocks.
Chicago Fed Midwest factory index rises
 
Reuters - The Chicago Federal Reserve Bank said on Tuesday its Midwest manufacturing index grew solidly in October, helped by a surge in regional auto production.
Treasuries slide on robust US data
 
FT.com - US Treasury prices fell sharply on Tuesday, and yields jumped, after robust data on durable goods orders, home sales and consumer confidence suggested the US Federal Reserve still had room to raise short-term interest rates without hurting economic growth.New home sales in the US surged 13 per cent in October to a new record, quelling fears of a housing-related slowdown. Orders for durable goods jumped 3.4 per cent in October. The Conference Board's index of consumer confidence surged in November, indicating earlier signs of weakness were temporary. ...
U.S. Treasury Prices Sink on Bullish Data
 
AP - U.S. Treasury prices were punished Tuesday, as strong economic data dampened market belief that the Federal Reserve will soon signal an end to rate increases.
OECD upbeat on world growth
 
FT.com - The Organisation for Economic Co-Operation and Development on Tuesday encouraged the US Federal Reserve to continue raising interest rates but urged restraint from the Bank of Japan and the European Central Bank.
Sales of New Homes Up 13 Percent in Oct.
 
AP - Sales of new homes jumped to an all-time high in October in what could be a final spurt from a housing market that is expected to slow after five record-breaking years.

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