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Discouraging economic data from around the globe have heightened fears that another recession is on the way.
Unemployment rates rose in more than half of U.S. states in June, evidence that slower hiring is affecting many parts of the country.
Jobless rates rose last month in more than half of the nation's largest metro areas, driven higher by weak private-sector hiring and natural disasters.
Falling home prices have shrunk the equity Americans have in their homes to nearly the lowest percentage since World War II.