B2B sfyh.comWASHINGTON (Reuters) – The House of Representatives, in the waning days of Democratic control, passed an extension on Thursday of Bush-era tax cuts for the lower and middle classes in a symbolic vote that would let tax cuts for the wealthiest expire.
The measure, which passed 234-188, is expected to die in the Senate, where Republicans [...]
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LOS ANGELES – Lenders seized more U.S. homes this summer than in any three-month stretch since the housing market began to bust in 2006. But many of the foreclosures may be challenged in court later because of allegations that banks evicted people without reading the documents.
A total of 288,345 properties were lost to foreclosure in [...]
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BERLIN – German consumer confidence has jumped as economic expectations spiked to their highest level in three years and unemployment continues to fall, according to a survey released Tuesday.
The GfK research institute said its forward-looking confidence indicator for October stood at 4.9 points. That was up from 4.3 in September, which was revised up from [...]
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In a sign of the White House’s level of worry, a vacationing President Barack Obama held a conference call with top advisers, including Treasury Secretary Timothy Geithner and National Economic Council Director Larry Summers, about the recent soft data.
“The economic team provided an update on the next steps to keep the economy growing, including assistance [...]
Continue reading about July new home sales sag as durables orders soft
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