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Federal and Louisiana officials got into a heated argument Friday over the cleanup of oiled marshes during a tour of an area that remains fouled 8 1/2 months after the Deepwater Horizon rig explosion in the Gulf of Mexico.
State and Plaquemines Parish officials took media on a boat tour of Barataria Bay, pointing out an […]
President Barack Obama nominated Nobel Prize-winning economist Peter Diamond to the Federal Reserve Board, marking a third try to win Senate approval for the Massachusetts Institute of Technology professor.
The White House announced the renomination to the Fed’s Board of Governors in an e-mailed statement today. The Senate adjourned last month without approving Diamond, 70, […]
U.S. retailers’ 2010 holiday sales jumped 5.5 percent for the best performance in five years as shoppers snapped up clothing and jewelry at Macy’s Inc., Tiffany & Co. and other stores.
Retail sales, excluding autos, rose to $584 billion from Nov. 5 through Dec. 24, said MasterCard Advisors’ SpendingPulse, which measures retail sales by all […]
Americans can help the recovery along by saving more than in the past, but also by spending responsibly in proportion to income, one of President Obama’s top economic advisers said Tuesday.
In a wide-ranging interview based on questions from CNNMoney.com readers, Council of Economic Advisers chairman Austan Goolsbee said the nation can’t simply spend its […]
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Caring for an ailing or aging parent is never easy, but the challenges only multiply when Mom and Dad live far away.
Nearly 7 million Americans care for an elderly relative from a distance, reports the National Alliance for Caregiving (NAC). If you’re among them, you know full well the guilt and anxiety of […]
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Core Real Estate Investments of Phoenix has acquired about 60 percent of the Manchester Highlands shopping center in Manchester, Mo., from its developer, Pace Properties, for $48.5 million.
Mid-America Real Estate Corp. of Oakbrook Terrace, Ill., represented Pace in the deal and announced the sale Wednesday.
Manchester Highlands is located on Manchester Road at Highway 141.
Core, which […]
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Fannie Mae says that its financial condition has vastly improved over previous quarters, but the mortgage finance company still requested more government assistance.
The government-run company said Thursday it lost $1.2 billion in the second quarter, down significantly from an $11.5 billion loss in the prior quarter. Last quarter’s loss was the smallest since the […]
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About 40 executive MBA students from the W.P. Carey School of Business at Arizona State University learned from state lawmakers when they participated in a two-day mock budget exercise at the Arizona Capitol.
Students played the roles of legislators and lobbyists as they tried to pass their own mock budget on the Senate floor.
Gov. Jan Brewer, […]
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Treasury prices fell Thursday as risk appetite returned to the markets after reassuring remarks out of Europe.
What prices are doing: The benchmark 10-year note fell 1-5/32 to 101-19/32, pushing the yield up to 3.31% on Thursday from 3.18% late Wednesday. Bond prices and yields move in opposite directions.
The 30-year bond dropped 2- 5/32 to […]
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