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U.S. poverty rate unchanged; record numbers persist

WASHINGTON — The Census Bureau reports the number of Americans in poverty stood at 15 percent in 2011. About 46.2 million people, or nearly 1 in 6, were in poverty. That is not statistically different from the 15.1 percent who ...

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Rising consumer confidence lifts stocks

NEW YORK — Maybe American consumers are better off than anyone thought. An unexpected jump in consumer confidence and slight gains in Americans’ spending and income helped push stocks higher for the third day in a row Friday. The Thomson ...

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