Archive for October 28th, 2009

AP sources: FTC limits eased in House health bill (AP)

Health care legislation headed for a vote in the House would give the Federal Trade Commission authority to look into the health insurance industry at its own initiative, Democratic officials said late Wednesday.

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Where things stand with the homebuyer credit (CNNMoney.com)

Confused about whether lawmakers will extend the $8,000 first-time homebuyer credit and what it would look like?

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Arizona State Credit Union Opens New Branch in Scottsdale, Providing Boost to City’s Improving Economy (Business Wire)

PHOENIX—-Arizona State Credit Union celebrated its new branch in Scottsdale, moving into the vibrant Kierland neighborhood. The Grand Opening Event was held on October 15, 2009, and included a ribbon cutting ceremony attended by Scottsdale Mayor W.J. “Jim” Lane and members of the Scottsdale and North Scottsdale Chambers of Commerce.

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Economic growth expected, but can it be sustained? (AP)

The Great Recession may be over, but the U.S. recovery is just beginning — and it doesn’t promise to be much easier. Economists forecast America’s total output grew at an annual rate of 3.3 percent between July and September, after contracting for a record four straight quarters.

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Metro jobless rates fall as more workers drop out (AP)

The unemployment rate fell in September in most metro areas for the second straight month, although that’s largely because more people gave up on job searches than found new work.

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Obama hails expansion of hate crimes legislation (AP)

President Barack Obama on Wednesday signed and celebrated hate crime legislation that extends protection to people based on sexual orientation, sealing a long-fought victory to gay advocates.

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Economy – Wednesday (Investor’s Business Daily)

Clunkers cost $24,000 per car

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Fitch Rates Santa Fe, NM $61MM Water Utility/Capital Outlay GRT Revs ‘AAA’; Outlook Stable (Business Wire)

AUSTIN, Texas—-Fitch Ratings assigns an ‘AAA’ rating to Santa Fe, New Mexico’s $61 million water utility system/capital outlay gross receipts tax revenue bonds, series 2009.

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New-Home Sales Unexpectedly Fall; Durable Goods Up (Investor’s Business Daily)

Sales of new homes unexpectedly fell last month while durable goods orders rose, according to Commerce Department reports on Wednesday, as the…

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Fitch Rates Milwaukee County, Wisconsin’s $46MM GOs ‘AA’; Outlook Stable (Business Wire)

CHICAGO—-Fitch Ratings assigns an ‘AA’ rating to Milwaukee County, Wisconsin’s approximately $29.9 million taxable general obligation corporate purpose bonds, series 2009E and approximately $15.6 million GO promissory notes, series 2009F.

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