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Stocks Drop on Higher Jobless Claims, Lower Philly Manufacturing

By Joyce Hanson, AdvisorOne | August 19, 2010

Troubling U.S. jobless claims figures and a lackluster manufacturing report out of the Philadelphia area drove the equities markets lower and Treasury prices higher as investors ran for cover in thin trading Thursday, August 19.
Fed Leaves Rates Unchanged; Historic Lows Expected for 'Extended Period'

By Joyce Hanson, AdvisorOne | August 10, 2010

The Federal Reserve's policymakers kept interest rates at historic lows on August 10 as the nation's economy continues to struggle against deflation threats, lackluster growth, and the possibility of a double-dip recession.

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