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Europe Debt Crisis Shadows Fed Meeting (06/20/2011)
WASHINGTON (AP) — If the U.S. economic slowdown weren't enough to deal with, the Federal Reserve this week must consider a new threat: a resurgent European debt crisis that could imperil the global economy.Financial markets have been gripped by - Click for more...
Fed Funds Futures Give Hints Of Rate Changes
(Investor's Business Daily) -- A smart investor pays attention to changes in price and volume of his or her stocks and the general market. It also pays to monitor another key indicator that certainly affects stock prices: interest rates."Interes - Click for more...
Senate votes to repeal ethanol tax credits
WASHINGTON – (AP) The Senate voted Thursday to repeal tax credits for producing ethanol, a vote that budget cutters hope will demonstrate a growing appetite in Congress to end special interest tax breaks to help reduce government borrowing.The - Click for more...
Payrolls shrink, jobless rates drop in many states
WASHINGTON (Reuters) – The number of people on companies' payrolls shrank in more than half the U.S. states in May, even though the jobless rates in many places continued to improve, Labor Department data released on Friday showed.The number of - Click for more...
Wall Street sinks as Greek fears rise; more losses eyed
NEW YORK (Reuters) - Stocks tumbled on Wednesday, driven lower by escalating Greek debt woes, while troubling U.S. data pointed to further losses ahead.Financials came under fire after Moody's Investors Service said it may cut the credit ratings of F - Click for more...
Calif Gets Over $800 Million in Unemployment Funds (06/15/2011)
LOS ANGELES (AP) — Federal officials announced Wednesday that California will receive more than $800 million in funding to help the unemployed as the state struggles to deal with the economy and a huge budget hole.The U.S. Department of Labor s - Click for more...
Social Security makes $8B in improper payments
WASHINGTON (AP) — The Social Security Administration made $6.5 billion in overpayments to people not entitled to receive them in 2009, including $4 billion under a supplemental income program for the very poor, a government investigator said Tu - Click for more...