Transport Topics
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Oil plunged below $40 a barrel in New York for the first time in more than six years, extending the longest decline since 1986 on concern slower demand growth will prolong a global glut.
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The number of Americans filing for unemployment benefits last week remained historically low.
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Purchases of previously owned U.S. homes unexpectedly rose in July to the highest level since February 2007, consistent with further strength in the housing market.
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Consumer confidence in the United States stabilized last week as more favorable views on the economy helped make up for a deterioration in attitudes about the buying climate.
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