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As stocks hit new highs, is the market overheating?
NEW YORK -- Wall Street will be watching Ben Bernanke's testimony before Congress on Wednesday, hoping the Federal Reserve chairman will offer clues as to when the central bank may begin turning off its spigot of easy money. Investors will also be...Tags: Ben Bernanke, Stock Market, Virgin Group, Ltd., Federal Reserve, U.S. Congress
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Some recession victims feel lucky to be working harder
arnoldp@herald-mail.comOne thing Ed Grimes hates about his current work schedule is trying to explain it to others. “It’s confusing,” he said. Since being laid off in 2009 after nearly four decades at Hagerstown’s Noland Company, the 61-year-old...Tags: Labor Legislation, Economy, Business and Finance, Sales, Armed Forces, Health and Safety at Work
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Another payday loan debate on the horizon
Get ready for another debate on whether payday loan stores should return to Pennsylvania. State Sen. Pat Browne of Allentown said Friday he intends to introduce legislation in the next few weeks that would "redefine the debate" over access to short-...Tags: Credit and Debt, Economy, Business and Finance, Media Industry, Finance, Delaware County
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Inside Penny Pritzker's portfolio: How a billionaire invests
How do the wealthy stay wealthy? The mandatory financial disclosure released last week by commerce secretary nominee Penny Pritzker provides a rare look at an American billionaire's entire investment portfolio. Pritzker inherited much of her wealth,...Tags: Mortgages, Sales, Economy, Business and Finance, Canadian Imperial Bank of Commerce, Royal Caribbean International
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World watch
Brazil: Whether it's a cultural experience or slum tourism, many tourists now add a trip to Rio de Janeiro's infamous favelas, or shantytowns, to their itineraries. Before 2010, the low-income hilltop neighborhoods were dangerous places controlled by drug...
Tags: Bodies of Water, Ho Chi Minh City (Vietnam), Rio de Janeiro (Brazil), U.S. Embassy, Rome (Italy)
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Bonds fall as interest rates rise
Q. I have a lot of money in certificates of deposit. Over the past few years I've put some money in various bond funds that have done well. Interest rates are low, and my CDs are about to mature. I'm thinking of putting more money into my bond funds. Is...
Tags: Financial Planning, Economy, Business and Finance, Finance, Mutual Funds
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Local Fed Challenge team takes top honor
South Bend TribuneSOUTH BEND -- For the fourth year in a row, the St. Joseph High School Fed Challenge Team used its expertise and won the regional competition at the Chicago Federal Reserve Bank last month. The winning team — Nick Wawrykow, Graham Murphy, Robert...Tags: Federal Reserve Bank of Chicago, Economy, Business and Finance, Federal Reserve, Education, Central Bank
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Caroline Baum: Federal Reserve handicaps race of its own making
Ed Koch, the late mayor of New York City, used to stop residents on the street and ask, "How am I doing?" With next month marking the four-year anniversary of the end of the 2007-2009 recession, the longest and deepest since the Great Depression, it...Tags: Freedom of Information Act, Federal Reserve, Economic Indicator, The Wall Street Journal, Sotheby's Holdings Incorporated
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May consumer sentiment highest in nearly 6 years
(Reuters) - U.S. consumer sentiment rebounded in early May to the highest level in nearly six years, an encouraging sign after recent data that has suggested economic growth is cooling. A gauge of future economic activity released on Friday also...Tags: St. Petersburg (Pinellas, Florida), Stock Market, Economy, Business and Finance, Finance, Petroleum Industry
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The woeful selection of PCC leadership
As one who taught at PCC for 40 years, I was personally involved in the establishment of state-mandated shared government procedures (AB 1725) which require that faculty, staff and students be significantly involved in matters that affect them,...Tags: Teachers, Budgets and Budgeting, Teaching and Learning, Education
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Eurozone recession continues
WASHINGTON — Europe's recession stretched into the first three months of the year, making it the single-currency region's longest downturn and raising concerns about its effect on the U.S. recovery. The 17-nation Eurozone economy contracted 0.2%...Tags: Italy, Economy, Business and Finance, Finance, Morgan Stanley Dean Witter & Company, European Central Bank
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Mortgage rates climb on strong economic reports
Tribune reporterMortgage rates passed the 3.5 percent mark this week, largely due to a strong report on consumer spending. Freddie Mac reported Thursday that the average interest rate on a 30-year fixed-rate mortgage was 3.51 percent this week, compared with 3.42...Tags: Freddie Mac, Mortgages, Economy, Business and Finance, Finance, Financial and Business Services
May 20, 2013
|Story| Los Angeles Times
May 18, 2013
|Story| Herald Mail
May 18, 2013
|Column| Allentown Morning Call
May 19, 2013
|Column| Chicago Tribune
May 19, 2013
|Story| Chicago Tribune
May 19, 2013
|Column| Orlando Sentinel
May 19, 2013
|Story| South Bend Tribune
May 17, 2013
|Story| Allentown Morning Call
May 17, 2013
|Story| Allentown Morning Call
May 16, 2013
|Story| Pasadena Sun
May 16, 2013
|Story| Los Angeles Times
May 16, 2013
|Story| Chicago Tribune
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