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Interest rate on key student loan to double unless Congress acts
The interest rate for a key type of student loan is scheduled to double from 3.4% to 6.8% in three months unless Congress, which voted to lower the rate in 2007, decides to keep it in place. The rate for the subsidized Stafford loans had gradually...
Tags: Politics, Finance, Karen Bass, Budgets and Budgeting, Education
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Fed district chief foresees phaseout of stimulus by year's end
The recent improvement in the labor market and other signs that the recovery is gaining speed have surprised economists, fueling speculation that the Federal Reserve will soon pull back from its massive monetary stimulus. One of the Fed's policymaking...
Tags: Labor Markets, Unemployment, Ben Bernanke, Derivative Securities, Economy, Business and Finance
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Automakers report US sales up in March
DETROIT (AP) — March is turning out to be the best month for auto sales in at least six years. Major automakers including Ford, Chrysler, Toyota, General Motors and Nissan all reported increases, with some reporting their best monthly totals since...
Tags: Consumer Confidence, Business, Labor Markets, Automotive Equipment, AAA
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Stock spotlight: KB Home building its way back to profitability
KB Home has endured some rough patches during its 56 years in business. There have been real estate downturns, painful recessions, even the criminal prosecution of its former chief executive. But things hardly looked darker for the home builder than...
Tags: Real Estate, KB Home, Eli Broad, Economy, Business and Finance, Services and Shopping
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A stronger future
Education is a key foundation in growing the economy and society. However higher education does not appear to be a priority for legislators. Incoming college freshmen could end up paying $5,000 more for the same student loans their older siblings have...Tags: Barack Obama, Finance, Loans, Economy, Business and Finance, U.S. Congress
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Ask a real estate pro: No-cost refinancing actually costs something
Sentinel CorrespondentBoard-certified real estate lawyer Gary M. Singer writes about the housing market at SunSentinel.com/housekeys each Friday. To ask him a question, click here. Q: I am refinancing my mortgage and was told there were no out-of-pocket costs. Now as we...Tags: Crime, Law and Justice, Insurance, Real Estate, Finance, Legal Services
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Bedford Delegate Lacey Putney to retire after 52 years in the General Assembly
ReporterVeteran state lawmaker Lacey Putney (I-Bedford) says he will not seek another term in the Virginia House of Delegates. Putney made the announcement in a news release Wednesday. "When first elected in 1961," Putney said, "I had no plans to seek a...Tags: Executive Branch, Politics, Human Interest, Budgets and Budgeting, Ottawa Senators
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Regulators roll out streamlined mortgage modification program
In a push to simplify mortgage modifications, federal regulators announced a streamlined process that doesn't require borrowers to prove a hardship. "This new option gives delinquent borrowers another path to avoid foreclosure," Edward J. DeMarco,...
Tags: Financial Markets, Kamala D. Harris, Financial and Business Services, Politics, Interior Policy
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S&P 500 trades above all-time closing high
NEW YORK -- The benchmark Standard & Poor's 500 index burst through a half-decade-old record as stocks continued their strong rally. The broad S&P index is on track to finish the day above its all-time closing high of 1,565.15 recorded Oct. 9, 2007....
Tags: European Debt Crisis, Labor Markets, S&P 500, Economy, Business and Finance, Stock Market
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Mellow Mushroom pizza franchise a step closer to opening in Mount Dora
Picture this: a pizza pie emerging from a narrow oven on a flat paddle, its wispy tendrils of steam twirling into the air from the big chunks of mushroom and bubbly mozzarella, cradled in a buttered crust. Please stop drooling. It's unseemly. The...Tags: Mushrooms, Business, Restaurant and Catering Industry, St. Johns River Water Management District
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Cutting federal spending now will only compound our problems
The U.S. today has both historically low interest rates and large reserves of ready cash for investment by business. The interest rates and ready cash means businesses already have the maximum incentive to invest in new production that our financial...Tags: Barack Obama, Business, Finance, Consumers, Ronald Reagan
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Could TV have a done a poorer job of covering sequester?
The Baltimore SunThere is no excuse for the kind of coverage TV has delivered the last two weeks on the sequester. Television news has been polarizing, sensational and mostly focused on personality rather than the policy behind the $85 billion in federal spending cuts...Tags: Television Industry, Eric Cantor, Politics, Media Industry, Robert L. Gibbs
Apr 3, 2013
|Story| Los Angeles Times
Apr 3, 2013
|Story| Los Angeles Times
Apr 2, 2013
|Story| Petoskey News
Mar 31, 2013
|Story| Los Angeles Times
Mar 29, 2013
|Story| Daily American
Mar 28, 2013
|Story| South Florida Sun-Sentinel
Mar 27, 2013
|Story| WDBJ7
Mar 28, 2013
|Story| Los Angeles Times
Mar 28, 2013
|Story| Los Angeles Times
Mar 6, 2013
|Column| Orlando Sentinel
Mar 4, 2013
|Story| Baltimore Sun
Mar 3, 2013
|Story| Baltimore Sun
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