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European markets didn't take the news as well. Stocks closed down 3.5 percent in Greece, where stocks have lost 80 percent of their value since 2007. Stocks declined less than 1 percent Tuesday in Germany, France and Britain. Investors noted that...
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“That ranks as the highest January total on record, an important post-recession distinction,” Ingham said. “But clearly, higher rates of year-over-year growth would be required to indicate strengthening economic conditions in the metro area. It just...
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Do you pacify your kid with your tablet? Yes No View result According to the IoD, the business leaders were relatively confident despite the country's weak economic outlook, Xinhua reported. If a recession were to occur, around 43 percent of the...
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Macy's. Wal-Mart missed Wall Street expectations, and its stock lost 4.2 percent, worst among the 30 stocks in the Dow. The Dow has climbed 6 percent this year and has not lost 100 points on any day. The Greek debt crisis may be receding, but high...
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But this presents President Mahmoud Ahmadinejad with the opportunity to use sanctions to further galvanize his people around a nationalist nuclear program, scapegoating a hostile West for the nation’s economic woes. The doves and the disconnected...
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La-Z-Boy says 3Q net income rose 49% Furniture maker La-Z-Boy said Tuesday net income rose 49% in the fiscal third quarter as more shoppers bought more of its reclining easy chairs and other furniture. The furniture industry was hard hit as consumers...
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London from elsewhere. Faced with the choice of £12 tickets at the National, say, as part of the annual Travelex £12 season, or double that price at the Bush, I’d hazard a guess that lots of people might choose the National. But then playwright Simon...
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“The key group to watch is the ‘swing vote’, the one in two directors who think there is a moderate risk of a recession. Whether this group becomes more pessimistic or optimistic may well be the difference between recession and recovery in 2012. “The...
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...500 hi-tech jobs will be announced within weeks in a further vote of confidence for the economy after yesterday's announcement of 1,000 positions at PayPal.The biggest jobs announcement since the recession started will generate an estimated 3,000 spin-off...
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The site had been targeted for a hotel since 2007, when a developer proposed a Marriott Residence Inn. But that project languished through the recession, with the developer unable to secure the financing necessary to start construction, before Hyatt...
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USF, known for being a commuter school, serves many students in the area who may be balancing their education with other full-time responsibilities. Raising the tuition may sound like a temporary solution for universities facing large budget cuts in...
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Walmart, which draws nearly 10 percent of all nonautomotive spending in the U.S. , highlights the compromise companies have to make when they focus on rock-bottom pricing in the still-weak economy. Walmart has struggled since the recession as its core...
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If we don’t count the cost of environmental damage, that’s likely to mean carbon-based energy for generations. Some politicians argue that the government needs to invest in alternative energy because it’s the next economic frontier. The evidence...
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They argue that focusing on austerity and debt reduction does more harm than good by further stunting the already shrinking Greek economy. "The European authorities seem more intent on punishing Greece than helping the economy recover," said Mark...
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Over the years I've operated, owned, bought and sold several hot dog cart businesses. I've become the top dog in the hot dog cart industry, as a matter of fact, in the United States.” The course teaches that the hot dog business has many benefits,...
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A jump in gasoline prices is threatening to smother the flickering flames of the US economic recovery and with them President Barack Obama's hopes of retaining the White House. Groggy but still standing after a four-year slog through recession, the US...
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If gasoline prices rise as high as expected, it could put more than a crimp in the economic optimism that we are recovering from the recession that started before Barrack Obama became president. Higher fuel prices mean higher prices for everything else...
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Above all, the memo laid out options for a massive stimulus package—the mix of tax cuts and government spending designed to end the recession and boost employment. The economic team presented the contents of the memo to Obama at his transition...
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Christie has said Democrats have ignored taxes and job creation while spending the past month on a same-sex marriage bill that he vetoed Feb. 18. New Jersey is ranked 41st among U.S. states and the District of Columbia in the Bloomberg Economic...
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Connecticut-based strategist said of lending to less prominent buildings. The retail industry has spawned an array of property types over the past 15 years, from neighborhood strip malls to outdoor lifestyle centers, according to Ryan Severino, an...
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Lucia Maqueda poses next to signs with images of the peseta as she waits for customers inside her fish shop in Villamayor de Santiago, central Spain, February 14, 2012. A barter economy in goods and services is gaining ground as the country tips into recession and already sky-high...
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Lucia Maqueda counts peseta coins inside her fish shop in Villamayor de Santiago, central Spain, February 14, 2012. A barter economy in goods and services is gaining ground as the country tips into recession and already sky-high unemployment rates inch up. Stores in two towns have...
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Dolores Sanchez, a member of a local business association, poses with a 2000 pesetas note near boxes of fish at Villamayor de Santiago, central Spain, February 14, 2012. A barter economy in goods and services is gaining ground as the country tips into recession and already sky-high...
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Mr Swallow Yan of the Chinese Association of Iowa holds a t-shirt in front of the house where Chinese Vice President Xi Jinping will meet with local residents Roger and Sarah Lande in Muscatine, Iowa February 15, 2012. Xi, 58, is poised to become China's next leader following a decade...
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Fred Tomczyk, President and CEO of online brokerage TD Ameritrade, speaks in Omaha, Neb. , Tuesday, Feb. 14, 2012, at the company's annual shareholders meeting. TD Ameritrade's top executives say the economy is definitely improving, but the recession's aftereffects will linger until the...
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Joe Moglia, Chairman of online brokerage TD Ameritrade, speaks in Omaha, Neb. , Tuesday, Feb. 14, 2012, at the company's annual shareholders meeting. TD Ameritrade's top executives say the economy is definitely improving, but the recession's aftereffects will linger until the U.S....
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A newspaper vendor reads at his stall while men chat at the Malveira market, north of Lisbon February 9, 2012. Portugal has come under fire in recent weeks on concerns that, mired in a brutal recession and with jobless rates at record highs, it could be forced to follow Greece in...
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A man adjusts his scarf while passing by an abandoned building in Torres Vedras February 9, 2012. Portugal has come under fire in recent weeks on concerns that, mired in a brutal recession and with jobless rates at record highs, it could be forced to follow Greece in seeking fresh aid...
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The President of the European Central Bank , Mario Draghi, laughs during a press conference in Frankfurt, central Germany, Thursday Feb. 9, 2012. The European Central Bank left its benchmark interest rate unchanged at a record low 1 percent on Thursday while it waits to see whether the...
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A woman walks past abandoned furniture in front of a closed shop in downtown Setubal February 8, 2012. Portugal has come under fire in recent weeks on concerns that, mired in a brutal recession and with jobless rates at record highs, it could be forced to follow Greece in seeking fresh...
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A man walk pasts a political billboard that reads "Troika demands, Rob the people, Give to the bankers" in downtown Setubal February 8, 2012. Portugal has come under fire in recent weeks on concerns that, mired in a brutal recession and with jobless rates at record highs, it could be...
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French President Nicolas Sarkozy leaves after giving a speech at the end of a crisis summit with unions representatives at the Elysee Palace in Paris, on January 18, 2012 to try and boost the French economy as recession looms and nearly three million people hunt for employment. The...
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A woman walk pasts in front of Portuguese bank BPI logo in Lisbon February 2, 2012. Portugal's top listed banks are expected to post record losses for the last quarter of 2011, due to the on-off impact of a transfer of their pension funds to state coffers, exposure to Greece and...
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Portuguese bank BPI logo is seen on their offices in Lisbon February 2, 2012. Portugal's top listed banks are expected to post record losses for the last quarter of 2011, due to the on-off impact of a transfer of their pension funds to state coffers, exposure to Greece and provisions...
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A man looks out of a window from an apartment building in Turon, northern Spain, an area that thrived for more than a century from coal mining, February 1, 2012. Turon now holds one of the highest unemployment rates in the mining areas of northern Spain, according to local unemployment...
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A man walks past a mural about mining in Turon, northern Spain, an area that thrived for more than a century from local coal mining, February 1, 2012. Turon now holds one of the highest unemployment rates in the mining areas of northern Spain, according to local unemployment data. ...
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A man walks past a graffiti which reads "Fight for our future" in Turon, northern Spain, an area that thrived for more than a century from local coal mining February 1, 2012. Turon now holds one of the highest unemployment rates in the mining areas of northern Spain, according to local...
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An unfinished residential building is seen in Cartama Estacion, near Malaga, southern Spain January 31, 2012. Many residential building projects in the country have come to a standstill due to the financial crisis. The collapse of the property market after the 2007 global credit crunch...
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Lucia Maqueda poses next to signs with images of the peseta as she waits for customers inside her fish shop in Villamayor de Santiago, central Spain, February 14, 2012. A barter economy in goods and services is gaining ground as the country tips into recession and already sky-high...
View Photo »
