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Eurozone Goes into Recession

The Eurozone went into recession for the second time in four years. This was due to the sharp drop in activity in the south Europe economies that have been plagued by debt problems. The first reading of gross d...
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Job Openings Decline in September

The number of job openings dropped a bit in September. The data suggested that the labor market is still recovering at a sluggish pace. This was according to the report released by the Labor Department last Tue...
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Apple Keeps Tax Low Via Offshore Accounts

Apple is the world’s most valuable company and yet it paid only $713 million on its $36.8 billion earnings in the last quarter. The company used a complex network of offshore accounts as well as cleverly named ...
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US Economy Grows 2 Percent

Economic growth in the United States was better than the estimate for the third quarter and it was due to the increase in consumer spending, homebuilding and defense outlays. The gross domestic product, which i...