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The U.S. economy grew at a 2% annual rate in the third quarter, the Commerce Department said Wednesday, less than originally reported.

Manufacturing levels in the Philadelphia area contracted in December, the Federal Reserve Bank of Philadelphia said Thursday.

A blizzard that blasted across eastern Colorado and surrounding states Wednesday continued to shutter airports and interstate highways into Thursday, the Associated Press reported.

Crude oil prices fell from a three-month high in early trading Thursday, dipping more than $1 to $62.64 a barrel, Bloomberg reported.

An index of leading economic indicators rose 0.1% in November, the New York-based Conference Board reported Thursday.

President signed into law new postal legislation Wednesday that will ensure predictable price increases tied to the rate of inflation, the U.S. Postal Service said.

First-time U.S. jobless claims rose 9,000 last week to 315,000, the Labor Department said Thursday.

The Federal Motor Carrier Safety Administration issued an intermodal chassis safety proposal Thursday that includes provisions for more inspections and greater oversight of equipment.

Pennsylvania Gov. Ed Rendell (D) said he was soliciting “expressions of interest” from private-sector investment groups to place a monetary value on the Pennsylvania Turnpike, a first step toward privatizing the road.

FedEx Corp. Wednesday reported it earned $511 million or $1.64 a share for its fiscal second quarter ended Nov. 30, up from $471 million or $1.53 for the same period last year.