Economy

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The economy added 209,000 jobs last month, slightly fewer than expected, but still making July the sixth straight month to add more than 200,000 jobs, which economists are largely interpreting as a sign of a steady recovery.

Everyone knows prices in the U.S. vary regionally, just like certain products are cheaper in China, say, or far cheaper in the Ukraine. But that hardly demonstrates that the renminbi or hyrvnia currencies are overvalued, Paul Solman says, noting that…

Jul 30

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Falling dollar

Leaders of the industrial world met in Florida earlier this year to discuss international finances and exchange rates. Paul Solman reports from New York on the effects of the fall of the U.S. dollar against other currencies, the biggest currency…