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US retail sales rise 1.4% in October

US retail sales rebounded in October as demand for cars continued to climb even after the expiration of government sponsored incentives.

 

Senate will OK "clunker" extension this week: Reid

The U.S. Senate will approve a $2 billion extension of the "cash for clunkers" auto sales incentive by week's end, Majority Leader Harry Reid said on Tuesday, giving new life to a successful program that has boosted industry sales to a 2009 high.

 

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