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Paul Dykewicz

Durable Goods Orders Stumble, but Consumers Gain Confidence

Orders for long-lasting U.S. manufactured goods unexpectedly fell in December along with a gauge of planned business spending, giving a a reality check to a largely improving U.S. economic outlook.

Falling Gasoline Hurts Exxon Plan for U.S. Crude Exports

Exxon Mobil Corp. (XOM)’s push to export U.S. oil overseas is facing a new hurdle: falling gasoline prices.

U.S. Stocks Retreat Again after Worst Week Since 2012

U.S. markets fell further today to continue its descent from late last week.

scales of justice in front of some law books

Businesses Win Twice Before Supreme Court to Reduce Liability

Companies won two unanimous U.S. Supreme Court rulings, averting what may have been billions of dollars in new liability.

Traders Watching to See if Two-Day Sell-Off is Just the Start

With two straight decidedly down days for stocks, traders are wary about whether the sell-off could be a minor correction or a “big one.”

Key Senate Democrat Refuses to Negotiate with Republicans on U.S. Debt Limit

Republicans demanding concessions in exchange for raising the U.S. debt ceiling will be refused, the Democratic chairwoman of the Senate Budget Committee said on Friday.