- The economy grew at a 3% annualized pace in the second quarter, a faster pace than Wall Street had expected and a sign of economic resilience.
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- Orders for durable goods were flat in August, much better than economists’ expectation of a 3% drop.
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- Contrary to other reports showing labor market weakness, last week's jobless claims fell to 218K, hitting a 4-month low despite slower hiring.
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