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Autos and gasoline drag retail sales lower in June

Sales at U.S. retailers fell for a second straight month in June and businesses wary of ebbing demand barely raised inventories in May, more evidence the economic recovery has slowed in recent months.

Autos, gasoline drag retail sales lower in June

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Sales at U.S. retailers fell for a second straight month in June and businesses wary of ebbing demand barely raised inventories in May, more evidence the economic recovery has slowed in recent months.

Markets advance as Alcoa lifts earnings optimism

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Stocks climbed on Tuesday, with all indexes briefly above 1 percent after better-than-expected results from Alcoa Inc and CSX Corp gave a promising start to the earnings season and sparked a broad rally.
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Teenage physical activity reduces risk of cognitive impairment in later life

Women who are physically active at any point over the life course (teenage, age 30, age 50, late life) have lower risk of cognitive impairment in late-life compared to those who are inactive, but teenage physical activity appears to be most important. This is the key finding of a study of over nine thousand women published today in the Journal of the American Geriatrics Society.
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Consumer confidence drops on job worries

Consumer confidence dropped in June after rising for three months, adding to the view the economic recovery is slowing, while single-family home prices unexpectedly climbed in April.
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Startups replacing summer jobs for students

Eric Heinbockel recalls going on a Wall Street interview the day investment bank Bear Stearns collapsed. With his chances of landing a coveted finance job dwindling, the former Columbia University undergraduate began exploring more entrepreneurial options, eventually launching a business that lets customers build their own chocolate bars.
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Existing home sales weak but supply falls

Sales of previously owned U.S. homes unexpectedly fell last month, a decline economists and real estate agents pinned on delays in processing mortgage applications.
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Fannie Mae, Freddie Mac to delist shares on NYSE

Fannie Mae and Freddie Mac, the largest U.S. home funding companies, will delist their shares on the New York Stock Exchange after Fannie Mae fell below and Freddie Mac held near minimum price requirements, the companies' regulator said on Wednesday.
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NY manufacturing grows as import prices slip

Manufacturing in New York state grew in June even as hiring slowed, supporting views the factory sector is recovering, while import prices recorded their largest decline in nearly a year in May.
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Wall Street rises with euro and data

Stocks rose on Tuesday as the euro strengthened after successful European debt auctions and U.S. data showed inflation remained under control.
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Hershey to trim 5 percent jobs in $300 million overhaul

Hershey Co plans to cut 500 to 600 jobs, or up to 5 percent of its workforce, as part of a restructuring aimed at upgrading and enlarging its facilities to compete globally and save some $60 million to $80 milllion in annual costs.
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Violent videogames harmless for most kids

Violent videogames can increase aggression and hostility in some players but they can also benefit others by honing their visual/spatial skills and improving social networking ability, scientists said.
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Markets tumble on weak jobs data

Stocks fell sharply on Friday after the May payrolls report showed private hiring was much lower than expected, raising fears about the strength of the economic recovery.
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Jobs data show labor market improving

Private sector employers added jobs in May and the economy's dominant services sector increased payrolls for the first time in more than two years, building evidence that the labor market was picking up steam.
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Wall Street slides on Spain downgrade

Stocks fell on Friday, capping off their worst month in over a year as a downgrade by Fitch of Spain's credit rating reignited worries about euro-zone debt issues.

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