last-week

Summary Box: Motorola 2Q results show improvement (AP)

AP - TURNING THE CORNER: Motorola Inc. appears to have hit bottom — its second-quarter revenue was down just 1.5 percent from a year ago, and it expects to post a year-over-year revenue increase in the third quarter.

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Summary Box: Motorola 2Q results show improvement
(AP)

last-week

US jobless claims fall unexpectedly (AFP)

AFP - New claims for US unemployment benefits fell unexpectedly last week to 457,000, down 2.4 percent from the previous week, the Labor Department said.

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US jobless claims fall unexpectedly
(AFP)

last-week

Stock futures down as new home sales data eyed (Reuters)

Reuters - tock index futures pointed to a slightly lower open on Wall Street on Monday, as investors take a breather following last week’s strong gains sparked by a flurry of reassuring company earnings.

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Stock futures down as new home sales data eyed
(Reuters)

last-week

Oil hovers below $78 after small crude supply drop (AP)

AP - Oil prices hovered below $78 a barrel Wednesday in Asia after a report showed U.S. crude supplies fell less than expected last week, suggesting demand for fuel remains tepid.

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Oil hovers below $78 after small crude supply drop
(AP)

last-week

Home loan applications down 2.9 pct. (AP)

AP - Applications for home loans dipped last week even though consumers were able to refinance at the lowest rates in decades.

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Home loan applications down 2.9 pct.
(AP)

last-week

Mortgage applications rise 7 pct. as rates fall (AP)

AP - Applications for home loans rose last week as consumers raced to refinance at the lowest rates in decades.

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Mortgage applications rise 7 pct. as rates fall
(AP)

last-week

New jobless claims rise in sign of weak job market (AP)

AP - Initial claims for unemployment benefits rose for the second time in three weeks last week, signaling that layoffs are rising.

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New jobless claims rise in sign of weak job market
(AP)

last-week

Treasury gets $10.5B from Citigroup share sale (AP)

AP - The Treasury Department says it raised $10.5 billion from the sale of a total of 2.6 billion shares of Citigroup stock it received as part of the government’s rescue of the bank.

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Treasury gets $10.5B from Citigroup share sale
(AP)

last-week

Jobless claims drop but remain at elevated levels (AP)

AP - Initial claims for jobless benefits fell by the largest number in two months last week, but remain above levels consistent with healthy job growth.

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Jobless claims drop but remain at elevated levels
(AP)

last-week

New claims for jobless benefits rise sharply (AP)

AP - The number of people filing new claims for jobless benefits jumped last week after three straight declines, another sign that the pace of layoffs has not slowed.

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New claims for jobless benefits rise sharply
(AP)

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