Slow Growing: Bad News for Jobs, Housing; CPI Tame

Thursday's economic reports featured mostly bad news, with housing starts plunging and jobless claims rising while inflation remained under control. 

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Eurozone in longest recession since birth of currency bloc
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U.S. Deficit Narrows to $642 Billion in New CBO Estimate
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City of Detroit is financially 'insolvent'
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Is the Fed Prepping Markets for the End of QE?
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