World stock markets were in the red on Thursday after strong US economic data renewed fears that the Federal Reserve may start cutting its monetary stimulus this month.
US 3Q GDP growth was revised to 3.6%, greater than the 3.2% that had been forecast by economists. File photo of an event at Federal Reserve in Washington last month.
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EQUITIES NEW YORK - U.S. stocks fell on Thursday, with the Dow and S&P 500 dropping for a fifth straight session after a round of mixed economic data left traders guessing as to when the Federal Reserve would begin to slow its stimulus program.
Fast-food workers demonstrate for higher wages: Chanting �We can't survive on $7.25� and �15 and union,� about 30 bundled-up fast food workers picketed in cold and windy conditions outside the Forest Street McDonald's restaurant Thursday to protest low ...