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Example Headline of Genre for Date
German business sentiment improves in August
AP - German business confidence improved for a fifth consecutive month in August as the economy showed signs of recovery from its deep downturn, a closely watched survey said Wednesday.
Premier: China to curb industry overcapacity
AP - China's Cabinet said Wednesday it will try to curb overcapacity and excessive investment in industries including steel and cement — a possible side effect of its massive stimulus plan.
German firms most bullish since crisis began
AFP - German firms are at their most confident since the spectacular collapse of US banking giant Lehman Brothers in September 2008 and the subsequent global recession, a survey showed Wednesday.
Japan's export decline worsens in July
AP - Japan's exports fell 36.5 percent in July from a year earlier as an emerging rebound in global demand lost steam, the government said Wednesday.
April Thank You From Obama Started Embrace of Bernanke at Fed
Bloomberg - Aug. 26 (Bloomberg) -- President Barack Obama was meeting
top economic advisers April 10, Good Friday, as regulators
prepared stress tests for the largest U.S. banks, when he turned
to Federal Reserve Chairman Ben S. Bernanke.
Durable goods orders increase by most in 2 years
AP - Orders for durable goods rose last month by the largest amount in two years, as the manufacturing sector rebounded from the depths of the recession.
Americans to tap brakes on Labor Day travel
Reuters - Americans will cut their Labor Day holiday travel plans dramatically this year to save money in a tough economy and to keep their children near home at the start of the school year.
US durable goods orders post steep jump
AFP - New orders for US manufactured durable goods jumped by a sharper-than-expected 4.9 percent in July as the economy showed signs of emerging from recession, government data showed Wednesday.
Fed's Lockhart: premature to consider rate hikes
Reuters - The U.S. economy is in the early stages of a recovery but it is premature to start considering raising interest rates, a top Federal Reserve policymaker said on Wednesday.
Real US unemployment rate at 16 pct: Fed official
AFP - The real US unemployment rate is 16 percent if persons who have dropped out of the labor pool and those working less than they would like are counted, a Federal Reserve official said Wednesday.
Dollar gains after US housing, industry upturn
AFP - The dollar took the upper hand against the euro on Wednesday after the United States, the world's largest economy, reported a rise in home sales and a jump in new orders for manufactured goods.
Fed's Lockhart sees protracted high unemployment
Reuters - The U.S. economy is in the early stages of recovery but it will be a while before growth starts to bring down unemployment, a top Federal Reserve official said on Wednesday.
3,900 stimulus checks went to prison inmates
AP - The federal government sent about 3,900 economic stimulus payments of $250 each this spring to people who were in no position to use the money to help stimulate the economy: prison inmates.
Plus-size fashion market squeezed in recession
AP - The American waistline may be expanding, but plus-size shoppers are tightening their belts.
Railroad puts $6 billion coal plan on hold
AP - The Dakota Minnesota & Eastern Railroad Corp. says its $6 billion plan to ship Wyoming coal across South Dakota and Minnesota has been put on hold because of the poor economy.
Dollar drifts up as market gauges recovery prospects
AFP - The dollar drifted higher against the other main currencies Wednesday as investors mulled prospects for recovery from recession after stronger-than-expected US economic data.
Fed chairman victim of identity fraud ring: Newsweek
AFP - Federal Reserve Board chairman Ben Bernanke was one of hundreds of victims of an identity fraud ring that stole over 2.1 million dollars from individuals and financial institutions, Newsweek magazine reported on Wednesday.
First-time jobless claims expected to drop
AP - Government data this week showed that consumers and businesses went on a big-ticket spending spree in July, sending home, car and equipment sales soaring by the largest amount in years. On Thursday, the Labor Department's report on weekly jobless claims will indicate whether that improved confidence about the economy is boosting the job market.
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