US housing starts rose in August

New US housing starts and permits rose in August to their highest level in nine months and the number of people filing for unemployment…

New US housing starts and permits rose in August to their highest level in nine months and the number of people filing for unemployment benefits fell last week, evidence of a solid economic recovery was under way.

The US dollar extended gains against the yen on the strong economic data, but stock index futures added to losses. – Reuters

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