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FT.com - US and Canada, Economy & Fed
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FT.com - US and Canada, Economy & Fed
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Export surge narrows US trade gap
A surge in exports narrowed the US trade gap in July, raising hopes that economic output could accelerate in the second half of the year
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US union calls for action against China
The United Steelworkers union, which represents about 700,000 workers, urges Washington's trade office to confront Beijing over the support it gives to its renewable energy industry
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America's public servants are now its masters
As Governor Arnold Schwarzenegger has pointed out, spending on retirement benefits for California's state employees is growing at three times the rate of state revenues, writes Mort Zuckerman
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Fiscal policy and economics
Economists are currently ill-equipped to solve world's economic woes
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US municipal bonds
City skips payments on a bond issue without declaring bankruptcy
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Obama to work on anti-business image
Barack Obama acknowledged that the US recovery was 'painfully slow' but painted Republican policies as the cause of the weak economy rather than the answer to it
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Obama unveils new stimulus plans
President Barack Obama will take Republicans to task over their economic values as he promotes an $180bn package of proposals to stimulate the anaemic US economy
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Beige Book shows slow pace of recovery
There were 'widespread signs of a deceleration' in US growth during August although the economy did continue to expand, according to the latest reports from Federal Reserve banks across the country
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The right plan to tackle America's twin crises
An infrastructure bank is so central to what the US requires at present that voters and leaders in both parties need to examine it carefully and find a way to bring it to fruition, write Bernard Schwartz and David Rothkopf
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Republican's backing aids $30bn stimulus bill
A $30bn White House plan to boost lending to small business has secured the support of a key Republican senator, putting Democrats on course to pass the first in a series of mini-stimulus bills
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