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US Economy

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  • *Russia's ruble at all-time low vs dollar. NEW YORK, Aug 29- The dollar rose on Friday, with traders looking beyond soft U.S. consumer-spending data, while the steadily sliding euro won a reprieve on diminished expectations the European Central Bank will soon ease monetary policy.

  • *Wall Street mixed, even after mostly strong economic reports. NEW YORK, Aug 29- Global equity markets wavered and German bond yields edged up from record lows on Friday after euro zone inflation was seen as still not dire enough to drive the European Central Bank to ease monetary policy next week, as many investors have anticipated.

  • Kraft gets 'social' with its new stock plan Friday, 29 Aug 2014 | 11:12 AM ET
    Kraft Singles with new packaging

    Up to 1.5 million shares of Kraft stock are being offered as part of the company’s new “social stock plan”.

  • NEW YORK, Aug 29- The dollar changed little on Friday, with traders shrugging off data signaling soft U.S. consumer spending, while the steadily sliding euro won a reprieve on diminished expectations that the European Central Bank would ease monetary policy as early as next week.

  • Wal-Mart's latest price rollback: Doctor visits Friday, 29 Aug 2014 | 10:11 AM ET
    A Walmart Care Clinic in Carrollton, Georgia, is ready to start seeing patients. Those who use the clinic will pay $4 if they are covered by Wal-Mart's employee health plan or $40 if they do not.

    Wal-Mart may be poised to shake up primary health care by opening in-store branded clinics with care at price that's hard to match.

  • Firm: Atlantic City losing 3 casinos, not business Friday, 29 Aug 2014 | 10:05 AM ET

    ATLANTIC CITY, N.J.— A Wall Street firm predicted Friday that much of the revenue generated by three Atlantic City casinos that are closing will remain in the city after they're gone. It also said it does not see any more casinos closing in Atlantic City for at least the next two years.

  • US Midwest business activity revved up in August Friday, 29 Aug 2014 | 10:00 AM ET
    Workers snap a chalk line onto a wind turbine blade during production at the Siemens AG turbine blade plant in Fort Madison, Iowa, Aug. 20, 2014.

    The pace of business activity in the U.S. Midwest rose more than expected in August, a report showed on Friday.

  • BRIC wall: Brazil's economy slips into a recession Friday, 29 Aug 2014 | 9:38 AM ET

    RIO DE JANEIRO— Brazil's economy, once an emerging-market darling, fell into recession, according to government data released Friday, as millions of new middle class citizens tightened their belts and further dampened a credit-driven spending spree.

  • LONDON, Aug 29- The euro lifted off its lows and the region's shares sagged on Friday as a new five-year low in euro zone inflation was viewed as not extreme enough to force the European Central Bank back into its increasingly bare policy cupboard.

  • LONDON, Aug 29- The beleaguered euro won temporary relief on Friday after euro zone inflation came in line with expectations and somewhat cooled speculation that the European Central Bank would ease monetary policy as early as next week.

  • Stocks end higher following strong run in August Friday, 29 Aug 2014 | 6:04 AM ET

    For most of August, stocks have managed to shake off geopolitical conflicts from Ukraine to Gaza and Iraq. "The market has a good underlying tone," said Mike Levine, portfolio manager of Oppenheimer Equity Income Fund. Even in a quiet day of trading ahead of the Labor Day holiday, stocks eked out a gain.

  • BRUSSELS/ FRANKFURT, Aug 29- Euro zone inflation dropped as expected to a fresh five year low in August, data showed on Friday, something likely to concern the European Central Bank but not force it into immediate policy intervention.

  • BRUSSELS, Aug 29- Euro zone inflation dropped as expected to a fresh five year low in August, data showed on Friday, but it was not likely to force the European Central Bank into immediate policy intervention next week,.

  • Beer gardens helping Milwaukee County budgets Friday, 29 Aug 2014 | 1:40 AM ET

    MILWAUKEE— Oversized mugs of beer clink together as drinkers sitting under a canopy of trees in a Milwaukee public park listen to live accordion music and proclaim "Prost!"

  • Why US stocks are looking past Ukraine crisis     Thursday, 28 Aug 2014 | 6:20 PM ET

    From a financial standpoint, geopolitical tensions in Ukraine don't have major economic repercussions, says James Bianco, President of Bianco Research.

  • Figures on government spending and debt Thursday, 28 Aug 2014 | 4:00 PM ET

    WASHINGTON— Figures on government spending and debt.

  • President Obama scheduled to speak at 4 p.m., ET Thursday, 28 Aug 2014 | 3:30 PM ET
  • Labor market indexes show uptick in July: KC Fed Thursday, 28 Aug 2014 | 12:31 PM ET

    But the Kansas City Federal Reserve Bank cautioned that recent declines in the unemployment rate overstate improvements in labor market conditions.

  • S&P ‘running on fumes’: SocGen’s Albert Edwards Thursday, 28 Aug 2014 | 11:52 AM ET

    Societe Generale's uber-bearish strategist Albert Edwards predicts that a bubble in stock markets is on the verge of bursting.

  • Aug 28- The European Central Bank will probably launch a quantitative easing program by March and buy asset-backed securities in a bid to prevent deflation and jumpstart economic growth in the region, a Reuters poll found on Thursday.

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