Gauge of US economy posts slight 0.2% gain

AN index designed to predict the future health of the US economy rose in January by the smallest amount in five months, indicating the economy's momentum may have slowed a bit. THE New York-based Conference Board says its index of leading indicators...

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Be respectful in representations: Bali duo

The Bali Nine pair are enjoying extra time with their families after their executions were delayed. Source: AAP ANDREW Chan and Myuran Sukumaran have asked that any representations to save them from execution are made firmly, but with respect....

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Applications for US unemployment aid dive

THE number of Americans seeking unemployment benefits fell sharply last week, a sign that a recent string of strong job gains may continue. THE US Labor Department says weekly applications for unemployment aid dropped 21,000 last week to a seasonally...

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Wal-Mart beats 4Q profit forecasts

WAL-MART Stores Inc. has reported fiscal fourth-quarter earnings of $US4.97 billion ($A6.36 billion). ON a per-share basis, the Bentonville, Arkansas-based company said it had net income of $US1.53. Earnings, adjusted for non-recurring costs,...

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Freddie Mac posts $US227m profit in 4Q

MORTGAGE giant Freddie Mac has posted net income of $US227 million ($A290.36 million) for the fourth quarter. THE government-controlled company's profit was down sharply from the same period of 2013, as it sustained losses on the investments...

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