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US industrial output falls for 5th month on lower drilling

WASHINGTON - A plunge in energy-related drilling and sluggish manufacturing sent U.S. industrial output down for a fifth consecutive month in April.
With economy uncertain, no Fed rate hike is seen before fall

With US economy still uncertain, a Fed rate increase seems unlikely before fall at earliest.
Large student debt load limits young Americans' home-buying

WASHINGTON - Younger Americans are struggling to keep up with steadily-rising student debt loads, a burden that is limiting their ability to buy homes.
US factory output eclipses pre-recession high

Factory output rises 1.1 percent in November; auto production growth accelerates sharply.
Stocks plumment but claw back in turbulent day

Fear drove Wall Street to one of its most dramatic, nauseating days in years Wednesday. Investors fled stocks and poured into bonds as worries about a global economic slowdown intensified.
For US unemployed, job market hits a turning point

For the first time since the recession ended 5½ years ago, America's unemployed are now as likely to be hired as to stop looking for a job.
College graduates face a tight, competitive job market

Although the labor market has made strides in recovery since last spring, experts warn that many recent college graduates still face a dim outlook when looking for a job after graduation.
Rising student loan debt cause for worry

The national student loan debt surpassed $1 trillion last year and is a cause of concern for both students and economists.
New York Fed study says a college degree is still a good investment, despite high costs

NEW YORK - Some comforting news for recent college graduates facing a tough job market and years of student loan payments: That college degree is still worth it.
US consumer borrowing up $19.6 billion

Ameri­cans increased their borrowing in May at the fastest pace in a year. Borrowing in the category that includes credit cards reached its highest point since the fall of 2010.