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Jobless claims barely change; durable goods orders plunge
After jobless claims reached a five-month high in April, last week’s tiny dip came as a relief. But a heavy slide in orders for long-lasting goods is less soothing. Applications for unemployment benefits shrank by 2,000 last week to a seasonally...Tags: Career and Workplace, Unemployment Benefits, Employment, Employment Opportunities, Labor Markets
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Britain's deep double-dip raises questions about austerity
We knew it was bad, but news out from across the pond indicates that uncertainty in Europe might be slamming the economy there even more than had been thought. Revised data show that Britain’s gross domestic product contracted more than previously...
Tags: United Kingdom, Europe, Consumer Confidence, World War II (1939-1945), Personal Investing
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Eurozone's turmoil threatens global economy
When economic and financial conditions have grown particularly dicey in the eurozone during the last couple of years, European leaders have made a habit of throwing pacifiers at the markets. So as European leaders meet in Brussels on Wednesday, the...Tags: Heart Attack, China, Europe, Finance, Real Estate Buyers
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Can Congress steer us away from the fiscal cliff? Don't bet on it
Although Mitt Romney wants to focus on jobs and economic growth, the House GOP leadership seems determined to make the coming election a referendum on the federal budget. That's a debate at least some Democrats believe is a winner for them as well: It's...
Tags: Public Finance, Elections, John A. Boehner, U.S. House Committee on the Budget, Mitt Romney
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Fed regional bank directors saw improvement in economy
Directors at the Federal Reserve's regional banks saw a pickup in the pace of economic growth last month as housing, motor vehicle sales and consumer spending gained strength.
"Directors noted further improvement in economic activity, and they...Tags: Central Bank, Federal Reserve, Executive Branch, Government, Economy, Business and Finance
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Consumer index hints of lower COLA in 2013 for seniors
Seniors be warned: Your Social Security cost of living adjustment for next year may be less than half of this year's 3.6 percent increase. That's because the inflation rate that Social Security increases are pegged to is only 1.7 percent as of the...
Tags: Economy, Business and Finance, North Palm Beach, Health, Consumer Confidence, Market and Exchange
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Eurozone's turmoil threatens global economy
When economic and financial conditions have grown particularly dicey in the eurozone during the last couple of years, European leaders have made a habit of throwing pacifiers at the markets. So as European leaders meet in Brussels on Wednesday, the...Tags: Heart Attack, China, Europe, Economy, Business and Finance, Finance
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Share the burden of defense
The two-day NATO summit starting Sunday is guaranteed to yield two things: world-class gridlock on some Chicago streets and lots of jockeying over who will pay for Afghanistan's security forces after most allied troops leave at the end of 2014. Afghan...Tags: Europe, Defense, Unrest, Conflicts and War, Taliban, Afghanistan
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7.5% unemployment by end of 2013: economists
By the end of next year, the unemployment rate will be at 7.5%. Consumer spending will be up, as will housing starts. But first, the economic recovery needs to slog its way through the remainder of 2012, economists said. Monthly non-farm job growth...
Tags: Career and Workplace, Land Price, Employment, Employment Opportunities, Labor Markets
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Boehner draws his sword
WASHINGTON -- John Boehner thinks it's kind of funny. "It struck me as somewhat comical," he told reporters Thursday morning, "that, you know, people are looking to me like I'm the guy carrying a sword around town, I'm going to bludgeon someone." Well,...
Tags: Republican Party, Fox News Channel (tv network), John A. Boehner, Democratic Party, Consumer Confidence
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Tie of jobs to output looser
Crusty Crawford joined our lunch table with a pronouncement. "We've always assumed a close tie between output and employment," he said. No one responded. "Yes, sir," he continued, speaking to our blank faces, "used to be folks could count on sort of a...Tags: Career and Workplace, Unemployment, Productivity
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China and the lure of the status quo
— A rising Asian power with an unstoppable export machine, rapidly growing wealth and a sense that America's time is past and its time has come: China in 2012? Yes — but also Japan in the 1980s. Back then, many Americans thought Japan was...
Tags: China, Communist Party, Realty, Japan, Arab Spring
May 24, 2012
|Story| Los Angeles Times
May 24, 2012
|Story| Los Angeles Times
May 24, 2012
|Column| Chicago Tribune
May 23, 2012
|Story| Los Angeles Times
May 22, 2012
|Story| Los Angeles Times
May 23, 2012
|Story| South Florida Sun-Sentinel
May 23, 2012
|Column| Chicago Tribune
May 20, 2012
|Story| Chicago Tribune
May 21, 2012
|Story| Los Angeles Times
May 21, 2012
|Column| Orlando Sentinel
May 20, 2012
|Story| South Bend Tribune
May 20, 2012
|Column| Chicago Tribune
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