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Saturday, July 30, 2016, 1:56 p.m.
Top Picks - Arkansas Daily Deal
High-rises are under construction in Boston in this May file photo. The U.S. economy grew at a 1.2 percent annualized rate in the second quarter, the Commerce Department said Friday.

PHOTO BY STEVEN SENNE / AP
High-rises are under construction in Boston in this May file photo. The U.S. economy grew at a 1.2 percent annualized rate in the second quarter, the Commerce Department said Friday.

premium2Q growth of economy put at 1.2%

WASHINGTON -- Growth in the U.S. economy was sluggish again in the spring, dashing expectations for a robust rebound after a tough winter. Stronger consumer spending was offset by weakness in housing construction and a big slowdown in the pace that businesses restocked store shelves. The Commerce De...

1st place in GDP credited to rice

Increased rice production helped Arkansas lead the nation in economic growth in the first three months of the year, even though those farmers are receiving lower prices for their crops, said a spokesman for a federal agency.

2Q growth of economy put at 1.2%

Growth in the U.S. economy was sluggish again in the spring, dashing expectations for a robust rebound after a tough winter. Stronger consumer spending was offset by weakness in housing construction and a big slowdown in the pace that businesses restocked store shelves.

Bank of Japan drips out more stimulus

As Japan's economy limped into the second half of the year, some analysts hoped that the central bank would take new, radical steps. It could move its benchmark interest rate further below zero. It could drop cash directly into the arms of Japanese consumers -- so-called helicopter money.

1st place in GDP credited to rice

Increased rice production helped Arkansas lead the nation in economic growth in the first three months of the year, even though those farmers are receiving lower prices for their crops, said a spokesman for a federal agency.

Apple's $80B in bond sales since 2013 raise call for caution

Debt investors' appetite for Apple turned the company into the biggest corporate-bond issuer in the world as it raised more than $80 billion in just four years. Now, some analysts are asking whether that's too much, too fast.

30 banks test well, gain Fed leeway

The Federal Reserve has given the green light to major banks in the U.S. to raise dividends and buy back shares, judging them to have a sturdy enough financial foundation to withstand a major economic downturn.

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