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Reports Point to Sluggish-Stable US Economy

A mixed-bag of economic reports released on Wednesday points to a sluggish but stable U.S. economy. U.S. companies added jobs last month at their slowest pace in three years, according to payroll processor ADP.  Business added 150,000 jobs in April, fewer than the 194,000 added in March. The reasons for the decline were the loss of 11,000 manufacturing jobs and weaker hiring at medium and larger companies. The ADP report precedes Friday's monthly government unemployment...

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