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Obama's housing plan draws fire, impact seen small - Reuters
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Monday, 30 January 2012
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Obama's housing plan draws fire, impact seen small
Reuters
"I think it's an election year ploy," said Glenn Hubbard, dean of Columbia Business School in New York and a top economic adviser to Republican presidential candidate Mitt Romney. "We will definitely see the housing market continue to drag with ...

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Loonie Reaches Parity as Aussie Overvalued on China Growth - BusinessWeek
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Monday, 30 January 2012
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Financial Post

Loonie Reaches Parity as Aussie Overvalued on China Growth
BusinessWeek
30 (Bloomberg) -- Canada's dollar is set to outperform commodity-exporters Australia and New Zealand as the US economy accelerates while China's output cools. Down 0.2 percent this year after having lost 1.8 percent in 2011 against nine major peers in
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Access Point Financial Secures Credit Facility with Wells Fargo Capital ... - MarketWatch (press release)
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Monday, 30 January 2012
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Access Point Financial Secures Credit Facility with Wells Fargo Capital ...
MarketWatch (press release)
This infusion from Wells Fargo Capital Finance, along with continued improvements in the hotel economy, will help us accelerate and facilitate the much needed flow of capital to the hotel industry. This credit facility will allow us to further
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Bank of America Hires More Than 50 Small Business Bankers Across Massachusetts ... - MarketWatch (press release)
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Monday, 30 January 2012
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Bank of America Hires More Than 50 Small Business Bankers Across Massachusetts ...
MarketWatch (press release)
"Our small business bankers will provide business owners in New England with the tools they need to continue to be the engine that drives our local and national economy forward." In Massachusetts alone, there are 594487
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High Taxes One Reason Moody's Wrong To Upgrade Outlook - Hartford Courant
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Friday, 27 January 2012
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High Taxes One Reason Moody's Wrong To Upgrade Outlook
Hartford Courant
By LOUIS GINGERELLA The Hartford Courant When Moody's Investors Service announced the downgrading of Connecticut's credit rating Jan. 20, it concurrently and ill-advisedly revised the state's financial outlook upward from negative to stable.

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US Stocks Fall as American Economy Grows Less Than Forecast - BusinessWeek
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Friday, 27 January 2012
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US Stocks Fall as American Economy Grows Less Than Forecast
BusinessWeek
27 (Bloomberg) -- US stocks fell, sending the Standard & Poor's 500 Index lower for a second day, after a report showed the world's largest economy expanded less than forecast in the fourth quarter as consumers curbed spending.

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Windsor man appointed Connecticut's first 'power procurement manager' - Post-Chronicle
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Friday, 27 January 2012
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Windsor man appointed Connecticut's first 'power procurement manager'
Post-Chronicle
Gaudiosi, 39, has worked with the Manufacturing Alliance of Connecticut since 1997. In his role with the alliance, Gaudiosi developed an expertise in energy issues, creating and managing a power and natural gas purchasing pool for industrial
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Wall Street opens lower as growth data disappoints - Economic Times
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Friday, 27 January 2012
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Wall Street opens lower as growth data disappoints
Economic Times
"Today's GDP numbers while positive indicate that the economy is not really doing all that well and (Federal Reserve) Chairman Bernanke's extreme policy may be in fact what's needed," said Michael Sheldon, chief market strategist at RDM Financial, ...

and
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Euro nears 3-week high against dollar as investors pare shorts - Reuters
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Monday, 23 January 2012
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Euro nears 3-week high against dollar as investors pare shorts
Reuters
"Sentiment continues to outweigh fundamentals, at least for the time being," said Brad Bechtel, managing director at Faros Trading in Stamford Connecticut. "This euro short covering sentiment-driven rally will likely not be sustainable over the ...

and
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Financiers amass $16B - Westfair Online
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Monday, 23 January 2012
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Financiers amass $16B
Westfair Online
If “99ers” are aghast at the massive funds being accumulated in high finance, the private equity industry argues they are a critical option to boost the overall economy by keeping the wheels of commerce greased amid the seesaw markets and banks still ...

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Female-Led Angel Investor Boot Camp Announces 2012 Fellows - Betabeat
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Monday, 23 January 2012
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Female-Led Angel Investor Boot Camp Announces 2012 Fellows
Betabeat
She earned her BS in Finance from University of Florida and MBA in Finance from Fordham University. She currently lives with her husband and two daughters in Westport, Connecticut. Jocelyn is a litigation partner at Reitler Kailas & Rosenblatt.

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Bureau for what? - The Daily Cougar
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Monday, 23 January 2012
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Bureau for what?
The Daily Cougar
If the last 10 years of American history should have taught us anything, it's that another government bureau will only make our problems worse. Steven Christopher is an economics alumnus and graduate finance student in the CT Bauer College of Business ...

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Tax shortfall is no surprise - Waterbury Republican American
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Monday, 23 January 2012
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Tax shortfall is no surprise
Waterbury Republican American
Dannel P. Malloy's attempt to make Connecticut's new budget deficit seem like "Bush's fault" might win him the 2012 prize for political scapegoating. The Office of Policy and Management says the income tax, as taxes are wont to do after historic ...

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"In the euro zone, which governs the market" - San Francisco Luxury News
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Sunday, 22 January 2012
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"In the euro zone, which governs the market"
San Francisco Luxury News
The motto is that of finance made effective because become transparent. Economists landed, we do not agree. Ct transparency, trs rformes advance slowly. We have not seen much, if not an obligation for banks to up new equity.

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Wall Street credit agency downgrades Connecticut's bond rating - The Connecticut Mirror
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Friday, 20 January 2012
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Wall Street credit agency downgrades Connecticut's bond rating
The Connecticut Mirror
And Connecticut also ranks as the most indebted state in the nation in terms of bonds issued to finance capital projects. The state entered the fiscal year with close to $19.5 billion in debt owed to investors who purchased state bonds to finance ...

and
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Colombia Bond Sales to Extend Record as Growth Fuels Demand - BusinessWeek
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Thursday, 19 January 2012
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Colombia Bond Sales to Extend Record as Growth Fuels Demand
BusinessWeek
19 (Bloomberg) -- Colombia's quickening economic growth is a signal to Barclays Capital Inc. and BCP Securities LLC that last year's record corporate bond offerings will extend into 2012 as companies seek to finance expansion plans.

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Connecticut Looks to Jumpstart Its Clean Economy - The Atlantic Cities
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Wednesday, 18 January 2012
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The Atlantic Cities

Connecticut Looks to Jumpstart Its Clean Economy
The Atlantic Cities
Connecticut has come up with what they hope will be a solution to this dilemma in the creation of a state green bank. Established in June 2011 with bipartisan support, the Clean Energy Finance and Investment Authority (CEFIA) is designed to provide ...

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Canada Bubble Seen as IMF Risk With Record Low Rates: Mortgages - BusinessWeek
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Monday, 16 January 2012
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Bloomberg

Canada Bubble Seen as IMF Risk With Record Low Rates: Mortgages
BusinessWeek
That's fueling real estate purchases, potentially inflating a housing bubble and adding to record household debt, which the International Monetary Fund says poses a risk to the nation's economy. “It could increase the housing bubble,” said Sheryl King,
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Dealer Treasury Holdings Top Corporate Debt for First Time on Growth Risk - Bloomberg
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Monday, 16 January 2012
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Bloomberg

Dealer Treasury Holdings Top Corporate Debt for First Time on Growth Risk
Bloomberg
Bill Gross, who runs the world's biggest bond fund at Pacific Investment Management Co., said the global economy and financial markets are at risk in 2012. The $244 billion Total Return Fund (PTTRX) run by Gross increased its holdings of US government
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Conn. loses energy complaint despite paying lawyers $4.6 million, begins ... - Watchdog
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Monday, 16 January 2012
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Conn. loses energy complaint despite paying lawyers $4.6 million, begins ...
Watchdog
In all, Connecticut paid for the equivalent of one person working full time for six-and-a-half years on the case at an average cost of $336 per hour. Connecticut argued the three companies – Brookfield Energy Marketing Inc., Constellation Energy ...

and
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A Mechanism of Plunder - BullionVault
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Monday, 16 January 2012
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A Mechanism of Plunder
BullionVault
Today's financial system is grossly bloated and consumes enormous resources. It is not only parasitic, but in the process of its parasitism, it creates many negative situations for the non-financial economy. A lot of "financial innovation" of the past ...

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CT mail industry backs postal service cutbacks - Hartford Business
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Sunday, 15 January 2012
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CT mail industry backs postal service cutbacks
Hartford Business
By Brad Kane Connecticut's robust mail industry is eagerly urging the US Postal Service to operate on solid financial footing, even if post offices and sorting facilities must be closed and service slowed. “Anything that helps the Postal Service become ...

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S&P Cuts Ratings on France, Italy, Other European Countries - Fox Business
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Friday, 13 January 2012
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S&P Cuts Ratings on France, Italy, Other European Countries
Fox Business
Those bailout mechanisms are heavily dependent on France and other relatively healthy eurozone economies. Specifically, the European Financial Stability Facility, a bailout fund financed by members of the eurozone, is authorized to borrow up to 440 ...

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Bioscience project draws skepticism - Ct Post
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Thursday, 12 January 2012
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Bioscience project draws skepticism
Ct Post
She spent a considerable part of the 90-minute discussion talking about plans to build a genome-research facility at the University of Connecticut Health Center in Farmington. That project would be a partnership with Jackson Laboratory, ...

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Drowning in debt - Ct Post
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Thursday, 12 January 2012
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Drowning in debt
Ct Post
Photo: Christian Abraham / Connecticut Post | Buy This Photo Mike Lantowski who is choir director at St. Pius Church in Fairfield, Conn. warms up the group at the church on Thursday December 1, 2011. Lantowski left college with a degree in music and ...

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SUBWAY® Adds 24,000 Jobs in 2011, Expects to Add 25,000 in 2012
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http://photos.prnewswire.com/prnc/20120112/NY34579MILFORD, Conn., Jan. 12, 2012 /PRNewswire/ -- Through the opening of more than 2,400 restaurants worldwide, including 1,100 new locations just in the U.S. and Canada alone, the SUBWAY® restaurant chain created approximately 24,000 new foodservice job and career...


 
37.5 MW Waste Gasification Facility for Connecticut - Waste Management World
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Wednesday, 11 January 2012
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EnergyBoom

37.5 MW Waste Gasification Facility for Connecticut
Waste Management World
The PRE project is owned by a subsidiary of Enova Energy Group and located on a 27-acre site in Plainfield, Connecticut. The developers claimed that the new plant will employ Best Available Control Technology (BACT) to control emissions and will be
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Teens Struggling to Find Elusive Part-Time Jobs - DailyFinance
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Wednesday, 11 January 2012
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Teens Struggling to Find Elusive Part-Time Jobs
DailyFinance
By AP Posted 10:15AM 01/11/12 Economy By STEPHANIE REITZ, AP HARTFORD, Conn -- The economic turmoil that has left many Americans without work is having a disproportionate effect on teenage job-seekers, whose quest for entry-level positions often pits ...

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SAIC, Enova Energy Group, The Carlyle Group Launch $225 Million Plainfield ... - Sacramento Bee
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Monday, 09 January 2012
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SAIC, Enova Energy Group, The Carlyle Group Launch $225 Million Plainfield ...
Sacramento Bee
The PRE project is owned by a subsidiary of Enova Energy Group and located on a 27-acre site in Plainfield, Connecticut. The plant will employ Best Available Control Technology (BACT) to control emissions and is fully certified as a renewable
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Shale Bubble Inflates on Near-Record Prices for Untested Fields - BusinessWeek
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Monday, 09 January 2012
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Bloomberg

Shale Bubble Inflates on Near-Record Prices for Untested Fields
BusinessWeek
“I don't feel confident that the prices being paid now are justified,” Del Pozzo said in a telephone interview from Norwalk, Connecticut. “I'm wary.” The world's largest energy producers, including Exxon Mobil Corp. and Royal Dutch Shell Plc, ...
Shale
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Northeast Struck by Casino Fever - Bond Buyer
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Monday, 09 January 2012
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FCIR

Northeast Struck by Casino Fever
Bond Buyer
New Jersey and Connecticut, among others, have their eyes on Internet wagering. "The Northeast gaming market has become a lot more competitive," said Standard & Poor's analyst Melissa Long. "The amount of dollars available for gaming in the region is ...
Rick Scott Takes Credit
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Legislation Would Help Vo-Tech Students in Job Market - Patch.com
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Saturday, 07 January 2012
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Legislation Would Help Vo-Tech Students in Job Market
Patch.com
Courtney joined John Rathgeber of the Connecticut Business and Industry Association; Chris DiPentima, president of Pegasus Manufacturing; John Murphy of the Connecticut Technical High School System; Frank Guillini, director of Manufacturing Technology ...

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Fed officials push more help for housing - Reuters
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Friday, 06 January 2012
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Fed officials push more help for housing
Reuters
The push for action came two days after the Fed entered the thorny debate over how to use the two main government-run mortgage finance firms, Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB), to turn around the housing market. The housing sector was at ...

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Gartner looks beyond 2012, sees big changes for payers, providers - Healthcare IT News
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Wednesday, 04 January 2012
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Gartner looks beyond 2012, sees big changes for payers, providers
Healthcare IT News
STAMFORD, CT – In its roundup of top predictions for IT organizations and users, Gartner, Inc. has forecasted new and innovative uses of technology from healthcare payers, integrated delivery systems, government and consumers. ...
Gartner Identifies Top Vertical
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State leaders warily eye online gambling - Danbury News Times
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Tuesday, 03 January 2012
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State leaders warily eye online gambling
Danbury News Times
Eileen Daily, D-Westbrook, is not a fan of expanding Connecticut's gaming industry to help balance the state budget. "It just doesn't seem to me to be the best way to raise revenue," said Daily, co-chairman of the Legislature's Finance, ...

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Wall Street in 2012: You thought 2011 was tough? - GMA News
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Monday, 02 January 2012
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Wall Street in 2012: You thought 2011 was tough?
GMA News
"China is the 800-pound gorilla in the room and is probably the most important country to watch in terms of their contribution to global growth," said Michael Sheldon, chief market strategist at RDM Financial in Westport, Connecticut. ...

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One break for travelers: Cities not looking to raise visitor taxes - USA TODAY
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Monday, 02 January 2012
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USA TODAY

One break for travelers: Cities not looking to raise visitor taxes
USA TODAY
But, he says, if taxes are especially high, a traveler may go to New York City for meetings, for instance, but stay in nearby Connecticut or New Jersey. Companies also may cut down on the number of trips to more expensive locales. ...

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Tax gift to the rich - iWatch News
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Sunday, 01 January 2012
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Tax gift to the rich
iWatch News
Eliminating the tax break “would likely inflict large damage on the finance, insurance and commercial real estate sectors, diminish their entrepreneurial talent pool, and harm overall economic efficiency,” claimed Douglas Holtz-Eakin, ...

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Strategies to help get a home sold - Los Angeles Times
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Sunday, 01 January 2012
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Strategies to help get a home sold
Los Angeles Times
Only six states — California, Connecticut, Hawaii, Maryland, Oregon and Washington — restrict employers' ability to check credit reports, and often there are exceptions for jobs in finance or those that involve access to large amounts of cash. ...

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New State Laws Take Effect Jan. 1 - Patch.com
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Saturday, 31 December 2011
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New State Laws Take Effect Jan. 1
Patch.com
It authorizes tax credits for businesses hiring new employees, including those with disabilities. It provides loan reimbursements and grants to Connecticut students seeking jobs in alternative energy technology and other related fields funded by ...

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Treasuries Return Most Since 2008 as Europe Crisis Fuels Demand - BusinessWeek
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Friday, 30 December 2011
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Treasuries Return Most Since 2008 as Europe Crisis Fuels Demand
BusinessWeek
Luxembourg's Jean-Claude Juncker, who leads the group of euro-area finance ministers, said economic growth in the 17- nation currency region “isn't good.” “This means that in 2012 we have to be prepared for the situation to become more foggy, ...

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Ziegler Closes $59 Million Covenant Retirement Communities Financing - MarketWatch (press release)
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Thursday, 29 December 2011
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Ziegler Closes $59 Million Covenant Retirement Communities Financing
MarketWatch (press release)
The forward-looking statements are subject to a number of risks and uncertainties, in particular, the overall financial health of the securities industry, the strength of the healthcare sector of the US economy and the municipal securities marketplace,
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State To Spur Job Growth: Reinvent Connecticut - Patch.com
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Thursday, 29 December 2011
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State To Spur Job Growth: Reinvent Connecticut
Patch.com
The goal of the special jobs session was to create pro-business incentives to jump-start Connecticut's economy. The state came up with options like giving companies tax credits of $500 per month for each new hire. That is up from $200. ...

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Heterodox economics - The Economist
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Wednesday, 28 December 2011
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Heterodox economics
The Economist
The neo-chartalists believe that because paper currency is a creature of the state, governments enjoy more financial freedom than they recognise. The fiscal authorities are free to spend whatever is required to revive their economies and restore ...

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