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Storm's cost may hit $50B; rebuilding to ease blow
MARTIN CRUTSINGER,AP Economics WritersWASHINGTON (AP) — Superstorm Sandy will end up causing about $20 billion in property damages and $10 billion to $30 billion more in lost business, according to IHS Global Insight, a forecasting firm. In the long run, the devastation the storm...Tags: Hurricane Katrina (2005), Hurricane Irene (2011), Lifestyle and Leisure, New York City, Hurricane Sandy (2012)
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Social Security benefits to go up by 1.7 percent
WASHINGTON (AP) — More than 56 million Social Security recipients will see their monthly payments go up by 1.7 percent next year. The increase, which starts in January, is tied to a measure of inflation released Tuesday. It shows that inflation has...
Tags: Employees, Economy, Business and Finance, Market and Exchange, Consumers, Career and Workplace
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Holiday sales to rise 4.1 percent
Associated PressNEW YORK – Americans are expected to spend more during what's traditionally the busiest shopping season of the year, but they're not exactly ready to shop 'til they drop like they have been in the past two years. The National Retail Federation, the...Tags: Lifestyle and Leisure, E-Commerce Industry, Gallup, Inc., Sears Holdings Corp., Wal-Mart Stores, Inc.
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Elkhart-Goshen, Columbus among tops for GDP growth
COLUMBUS, Ind. (AP) — Three Indiana cities are among the tops in the nation for growth in the value of goods and services they produce.
The U.S. Department of Commerce reports that the Elkhart-Goshen area saw a 13 percent increase in its Gross...Tags: U.S. Department of Commerce, Economy, Business and Finance, Cummins Incorporated
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'Steady rebound' in Indiana economy, but risks remain
INDIANAPOLIS (AP) — Indiana's economy is showing signs of life as banks increase lending, real estate developers launch projects that have been on hold and consumers buy big-ticket items like cars. But experts and business owners caution the...Tags: Real Estate Buyers, Realty, Simon Property Group, Inc., Economy, Business and Finance, Sales
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Will higher gas prices sidetrack Indiana's RV industry rebound?
Associated PressVolatile gasoline prices could hamper the recreational vehicle industry's attempts to recover from a deep downturn caused by the recession because sales of the big ticket items are so dependent on consumer confidence, industry executives and analysts say....Tags: Petroleum Industry, Indiana, Vehicles, Politics, Consumer Confidence
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Michiana retailers keeping fingers crossed for 2011
Store closings plagued the region in 2008 and 2009, as consumers watched a myriad of chain and locally owned businesses shutter. Spaces large and small went dark, some seemingly overnight, and retail leasing just about ground to a halt.
Then in...Tags: Real Estate, Lifestyle and Leisure, Michigan, Realty, Economy, Business and Finance
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Consumer price index jumps on costlier gas
WASHINGTON (AP) — Consumer prices rose last month as the cost of gas increased by the largest amount since June 2009. But outside of energy costs, there was little sign of widespread inflation. The Labor Department says the Consumer Price Index...Tags: Economy, Business and Finance, Prices, Market and Exchange, Washington, DC, Consumer Confidence
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Durable goods orders point to factory resilience
ReutersWASHINGTON (Reuters) - Orders for long-lasting U.S. manufactured goods rose more than expected in April, a hopeful sign that a sharp slowdown in factory output could soon run its course. New orders for durable goods, which range from toasters to...Tags: Federal Reserve, European Debt Crisis, Boeing Co., Industrial Production, Stamford
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REUTERS SUMMIT-Banco de Bogota sees new players in Colombia, eyes Peru
Reuters* Bank eyes growth in consumer, mortgage sectors * Looking at regional opportunities, sees competition * Banking investments pouring into Colombia By Helen Murphy and Nelson Bocanegra BOGOTA, May 24 (Reuters) - Colombia will remain a hot spot for...Tags: Economy, Business and Finance, Financial Markets, Bogota (Colombia), Mortgages, Finance
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CANADA FX DEBT-C$ in retreat as Fed stimulus concerns drag
Reuters* C$ at C$1.0321 vs US$, or 96.89 U.S. cents * Equity, currency markets volatile on Fed stimulus concerns * Oil prices end week 2 percent lower * Bank of Canada and GDP in focus next week By Solarina Ho TORONTO, May 24 (Reuters) - The Canadian dollar...Tags: Economy, Business and Finance, Foreign Exchange Market, China, Environmental Issues, Energy Saving
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U.S. dollar marks worst week versus yen in a year
ReutersNEW YORK (Reuters) - The dollar posted its worst week against the yen in a year on Friday as volatility in stocks and uncertainty about the outlook for U.S. monetary policy spurred investors to pare back bets against the Japanese currency. Some...Tags: European Debt Crisis, Casino and Gambling Industry, Industrial Production, Economic Policy, Cypriot Banking Crisis (2013)
Oct 30, 2012
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Oct 16, 2012
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Oct 3, 2012
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Oct 1, 2011
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Mar 11, 2012
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Mar 21, 2011
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Jan 2, 2011
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Jan 14, 2011
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May 24, 2013
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May 24, 2013
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May 24, 2013
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May 24, 2013
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