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As US economy plods and pay lags, companies profit

November 6, 2013 • Business, National News


FILE – In this Friday, May 3, 2013, file photo, specialists Devin Cryan, left, and Gabriel Freytes wear “Dow 15,000″ hats as they work at a post on the floor of the New York Stock Exchange. The economy is being slowed by a tight job market, scant pay raises and weak business investment. Yet corporate profits are reaching record highs and fueling record stock prices. (AP Photo/Richard Drew, File)

WASHINGTON (AP) — Look at the U.S. economy and you’ll notice an unusual disconnect.

The economy is being slowed by a tight job market, scant pay raises and weak business investment. Yet corporate profits are reaching record highs and fueling record stock prices.

What gives?

How are companies managing to earn so much money in a sluggish economy? And why aren’t their profits goosing the economy?

For starters, weak job Login to read more

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