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  The outlook for the U.S. economy appeared dimmer Monday after a report that Americans spent less at retail businesses for a third straight month in June.   The report led some economists to downgrade their estimates for economic growth in the April-June quarter. Many now think the economy grew even less than in the… Continue Reading US economy appears weaker as retail sales slump

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U.S. employers advertised more jobs in May than April, a hopeful sign after three months of weak hiring. Job openings rose to a seasonally adjusted 3.6 million, the Labor Department said Tuesday. That’s up from 3.4 million in April. It’s also the second-highest level in nearly four years, just behind March’s 3.7 million.   Still,… Continue Reading U.S. job openings rose in May, good sign for hiring

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President Barack Obama is launching a push to extend tax cuts for the middle class, as he seeks to shift the election-year economic debate from the dismal jobs market to assertions that Republican rival Mitt Romney protects the rich.   Obama, in an address from the White House later Monday, will call on Congress to… Continue Reading Obama to push extension of middle-class tax cuts

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  A federal appeals court is upholding the first federal regulations to reduce the gases blamed for global warming.   The rules, which were challenged by industry groups and states, will reduce emissions of six heat-trapping gases from large industrial facilities, such as factories and power plants, as well as automobile tailpipes.   A three-judge… Continue Reading Federal court upholds EPA’s greenhouse gas rules

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  The Supreme Court struck down key provisions of Arizona’s crackdown on immigrants Monday but said a much-debated portion on checking suspects’ status could go forward.   The court did not throw out the state provision requiring police to check the immigration status of someone they suspect is in the United States illegally. Even there,… Continue Reading High court rejects part of Arizona immigration law

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The federal government is launching a $26 million challenge to manufacturers to foster innovation and job creation through public-private partnerships. The hope is the challenge will help entice private capital to projects that oculd promote cluster-based development in regions across the United States. The government wants to build on the momentum within the manufacturing sector,… Continue Reading Government launches $26 million innovation challenge

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The Colorado legislature passed a bill during its special session that aims to return the state’s Unemployment Insurance Trust Fund to solvency. The bill will allow employers to borrow money at about 1.5 percent through bonds from private investors to pay federal debt in the fund. “Right now the unemployment insurance trust fund is about… Continue Reading Legislature passes bill to improve unemployment insurance

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      A federal appeals court has turned down a Freedom of Information Act request related to the 2010 cyberattack on Google users in China.   The request from the Electronic Privacy Information Center was to disclose communications between Google and the U.S. National Security Agency. The center focuses on privacy and civil liberties.… Continue Reading Court won’t order Google-US interactions released

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The financially struggling U.S. Postal Service sought Wednesday to tamp down concern over wide-scale cuts, revealing it will seek to keep thousands of rural post offices open with shorter hours. At a news briefing, Postmaster General Patrick Donahoe said the mail agency was backing off its plan to close up to 3,700 low-revenue post offices… Continue Reading Postal Service: Will keep rural post offices open

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Want a shot at doing what politicians in Washington can’t seem to do: balance the federal budget and erase the debt? The Committee for a Responsible Federal Budget is given ordinary Americans the chance to stabilize the debt through a budget simulator that teaches the public about changes that must be made to control the… Continue Reading Americans can experiment with ways to reduce federal debt

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