Social Security Gets 2.7 Percent Boost
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Michael Heaton, participates in the Million Worker March, near the Lincoln Memorial, Sunday, Oct. 17, 2004, in Washington. Hundreds of blue-collar workers gathered for the Million Worker March on Sunday, demanding
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The 0.2pc increase was slightly faster than expected. Economists had predicted the LEI would rise 0.1pc in the month. &quot;Although the LEI has declined for nearly half the year, the declines were relatively modest
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The Senate voted overwhelmingly Thursday to boost the federal minimum wage by $2.10 to $7.25 an hour over two years, but packaged the increase with small business tax cuts and limits on corporate pay that could complicate its path to become law.
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Payments to Social Security recipients and most federal retirees will increase 2.3 percent in January. It is the smallest cost-of-living adjustment since 2003, reflecting a lower rate of inflation.
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The economy grew at a faster than expected annual rate during the second quarter of 2007, official data showed on Wednesday.
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WASHINGTON - Interest rates on short-term Treasury bills rose in yesterday's auction to the highest levels in two weeks.
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Pay for members of the armed forces will rise by 2.6% from April, the Defence Secretary has announced.
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The economy grew by 0.8 percent in the second quarter of this year compared with 0.7 percent during the first three months of 2007, according to official data published on Friday.
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Healthy business investment helped  the U.S. economy grow at a revised 3.8 percent annual rate in  the second quarter, slightly less than previously thought  because of brisker demand for foreign goods and services, the  Commerce Department said on Thursday.
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The US economy expanded at an annual rate of 3.7 per cent in the third quarter, which is below expectations. However, the Commerce Department says the rate has been bolstered by healthy consumer spending accompanied by the lowest inflation in decades.
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The US economy grew at a healthy 3.7% annual rate in the third quarter this year, bolstered by strong consumer spending and accompanied by the lowest inflation in decades, the Commerce Department said Friday.
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The US Federal Reserve raises interest rates to 2.25%, the fifth increase this year.
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WASHINGTON  - Sales of existing U.S. homesunexpectedly rose by 2.7 percent in November as low mortgagerates fueled a record pace of home-buying, a trade associationreport showed on Wednesday.
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UK inflation has accelerated to an annual rate of 2.7% in November, official statistical office figures show.
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Business & money: Retirement rewards '25 times higher than workers'.
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Consumer prices rose 7.1 percent, the largest increase in more than a decade.
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The company said second-quarter profit rose 7 percent, to $460 million, helped by higher information technology sales and an insurance gain at its shipbuilding unit.