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Thursday, September 13, 2012

Reuters Money: Wholesale inflation rises; labor market struggles

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09/13/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Wholesale inflation rises; labor market struggles
WASHINGTON (Reuters) - Producer prices rose by the most in three years in August as the cost of energy surged, but underlying inflation pressures were contained, keeping the door open to additional monetary policy easing.
Wholesale inflation rises; labor market struggles
WASHINGTON (Reuters) - Producer prices rose by the most in three years in August as the cost of energy surged, but underlying inflation pressures were contained, keeping the door open to additional monetary policy easing.
Franchising picks up in U.S., but hurdles remain
CHICAGO (Reuters) - Robert Penney has seen his financial future and it involves heaps of frozen yogurt.
How to play it: Investing beyond the "QE3" rally
NEW YORK (Reuters) - Amid widespread expectations that the Federal Reserve will start another round of bond buying to spur lending and stimulate the economy, some on Wall Street say that a hoped-for stock rally already has come and gone.
For seniors, entitlement worries extend to the grandkids
CHICAGO (Reuters) - Possible changes to Medicare and Social Security have become the top political concern for older U.S. voters this year - and not just because of the effect on their own pocketbooks.
U.S. judge tosses Canadian insurer case vs hedge funds over rumors
(Reuters) - A U.S. judge has thrown out a long-running lawsuit in which Fairfax Financial Holdings Ltd sought billions of dollars from hedge funds it claimed spread false and negative rumors about the Canadian insurer to drive down its stock price.
Number of U.S. poor holds steady but earnings gap grows
WASHINGTON (Reuters) - The poverty rate in the United States stabilized in 2011 for the first time in three years even as incomes fell and inequality grew, according to government figures.
Fewer homeowners underwater in second quarter: CoreLogic
NEW YORK (Reuters) - Fewer homeowners were underwater on their mortgages in the second quarter, helped by an improvement in home prices, data analysis firm CoreLogic said on Wednesday.
Wholesale inventories rise could help growth in third quarter
WASHINGTON (Reuters) - Wholesale inventories in July rose by the most in five months, beating forecasts and suggesting economic growth started the third quarter on slightly better footing than expected.
Wall Street opens flat ahead of Fed
NEW YORK (Reuters) - Stocks opened flat on Thursday, ahead of a possible decision on further economic stimulus measures at the conclusion of the Federal Open Market Committee policy meeting later in the day.
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Wholesale inflation rises; labor market struggles
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