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China, the biggest buyer of U.S. Treasury debt, increased its holdings in May for the second straight month, after five months of declines. Total foreign holdings of Treasury securities also rose, as Japan and the United Kingdom, the second and third-largest overseas owners of Treasurys, boosted their stockpiles. China’s U.S. debt holdings increased $7.3 billion… Continue Reading China boosts holdings of US Treasury securities

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The Bureau of Land Management is holding a hearing next month on allowing the Army to continue using the Pinon Canyon training site. The Aug. 2 hearing is part of periodic review. The hearing does not include any consideration of whether Pinon Canyon will be increased at some future time. The Army’s efforts to expand… Continue Reading BLM schedules hearing next month on Pinon Canyon

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Area prices were down for the month, but up nearly 3.1 percent over a year ago, according to the Bureau of Labor Statistics. The June decrease was influenced by lower gas prices, but the consumer price index for the Western region advanced over the same time last year, said regional commission Stanley W. Suchman. Energy… Continue Reading Consumer index shows year-over-year increase

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With immigration slowing, babies born in the U.S. rather than newly arrived Mexican immigrants are now driving most of the fast growth in the Latino population. A new analysis of census data highlights a turning point in Hispanics’ rapid U.S. growth. Demographers point to the potential for broader political impact as U.S.-born Mexican-Americans widen their… Continue Reading Births, not new immigrants, push US Latino growth

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Kehler nominated to head U.S. Strategic Command

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President Obama today nominated Gen. C. Robert Kehler, commander of Air Force Space Command at Peterson Air Force Base, to head U.S. Strategic Command. Strategic Command, based at the Offutt Air Force Base near Omaha, Neb., oversees the nation’s nuclear weapons, missile defenses and space warfare mission.   The four-star general has commanded the Air Force Space Command since 2007,… Continue Reading Kehler nominated to head U.S. Strategic Command

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You’ve got a dozen or more old computers, keyboards and monitors in the storage room, and you can’t just toss them in the dumpster because it’s against the law – they’re full of dangerous chemicals and metals. So who are you going to call? Try Better Environment Through Technology Recycling. BETTR, as it calls itself,… Continue Reading Two-day recycling fair for old electronic equipment planned

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The Small Business Administration says its new SBAExpress loan program will make loan applications easier to complete and faster to implement. The pilot loan program will also significantly expand the number of lenders participating in the program and increase access to capital for small businesses. In particular, the SBA has implemented program modifications to allow… Continue Reading SBA loan program puts loan apps on fast track

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It’s been only two and one-half weeks since America became the target of terrorism. Aside from lost lives and economic damage that continues to mount, consumer confidence took a big punch in the gut. People are afraid to fly despite the increasingly lower airfares and some investors are pulling – what is left of their… Continue Reading Sept. 11th hits U.S. and Co Springs economies but experts predict turn-around

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