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U.S. jobless rate rises to 9.1%

Employers hired only 54,000 new workers in May, the fewest in eight months, and the unemployment rate rose to 9.1 percent. The Labor Department report offered startling evidence that the U.S. economy...

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Fed Meeting Statement Points To Continuing Low Interest Rates

Wednesday’s Federal Open Market Committee (FOMC) statement indicates the Federal Reserve’s commitment to keeping long term interest rates and inflation under control. The Fed will continue monitoring...

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