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New-Home Sales Tumble In March; Prices Rise

New-Home Sales Tumble In March; Prices Rise

By Andrew Khouri, Los Angeles Times New home sales plunged in March, another sign the spring home-buying season has started with a whimper. Sales of recently built single-family h ...

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Minimum-Wage Hike Benefits The Nation, Especially Minorities

Minimum-Wage Hike Benefits The Nation, Especially Minorities

Raising the minimum wage to $10.10 an hour, as proposed in the Fair Minimum Wage Act, would increase the total combined wages of blacks, Hispanics, and Asians by $16.1 billion, ac ...

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U.S. Stocks Rise As Busy Earnings Week Kicks Off

U.S. Stocks Rise As Busy Earnings Week Kicks Off

New York (AFP) - U.S. stocks Monday finished higher as solid earnings reports from Halliburton and others kicked off the busiest week of the quarterly earnings season. At the clos ...

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The Pay’s The Thing: How America’s CEOs Are Getting Rich Off Taxpayers

The Pay’s The Thing: How America’s CEOs Are Getting Rich Off Taxpayers

Income inequality will continue to rise unless we close the performance pay loophole and curb the growth of executive compensation. For more, see "Fixing a Hole: How the Tax Code ...

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Trade Pact Will Take Center Stage During Obama’s Trip To Asia

Trade Pact Will Take Center Stage During Obama’s Trip To Asia

By Lesley Clark and Rob Hotakainen, McClatchy Washington Bureau   WASHINGTON — President Barack Obama will travel next week to Asia with the centerpiece of his planned focus ...

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U.S. Jobless Claims Tick A Bit Higher

U.S. Jobless Claims Tick A Bit Higher

Washington (AFP) - New claims for U.S. unemployment insurance benefits edged higher last week but still remained close to a seven-year low, the Labor Department said Thursday. Ame ...

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Obama, Biden Tout Job-Training Grants

Obama, Biden Tout Job-Training Grants

By Kathleen Hennessey, Tribune Washington Bureau   WASHINGTON — President Barack Obama promoted his latest attempt to help U.S. workers compete in the global “skills race,” a ...

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U.S. Retail Sales Surge 1.1 Percent In March

U.S. Retail Sales Surge 1.1 Percent In March

Washington (AFP) - U.S. retail sales leaped higher in March, giving further evidence of stronger economic activity after a particularly brutal winter, government data showed Monda ...

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Married Status Adds New Wrinkle To Tax Time For Married Gays

Married Status Adds New Wrinkle To Tax Time For Married Gays

by Stephanie Akin, The Record Tax time has been described as anxiety-inducing and unnecessarily confusing, and its inescapability has even been equated with death. Now, it's a rea ...

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America Can Attain Full Employment With A Bold Approach To The Jobs Emergency

America Can Attain Full Employment With A Bold Approach To The Jobs Emergency

A new report from the Rediscovering Government Initiative lays out 15 ways the government can create more and better jobs starting right now. After five long years, the economy ha ...

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