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Economists Predict Consumer Spending to Increase

Dated: 05-21-2013

The article talks about forecasts for the coming years by business economists. As they did in February of this year, they recently predicted a 2.4% increase in the economy next year, followed by a 3% growth the following year. They also predicted that consumer spending will increase by 2.3%, up from the earlier forecast of [...]


Russian Oligarchs Footing 2014 Sochi Olympics

Dated: 05-21-2013

The 2014 Olympics to be held in Sochi, Russia are going to be somewhat different than most of the previous Olympic games. Usually, a city that is chosen to host the game derives funds from the public, but in Sochi, most of the financing is coming from state-controlled companies and private tycoons. So far, with [...]

Repeal Obamacare – House Votes for the 37th Time

Dated: 2013-05-18 16:44:06

Its astonishing to note that the US House of Representatives have voted to repeal the Affordable Care Act, more popularly known as Obamacare, for the 37th time since the Congress’ lower chamber was taken over by the Republicans. While Rep. Doc Hastings, R-Wash., has tweeted that 53 percent of Americans want to put an end [...]

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Contract Workers Lose IBM Jobs – Labor Department

Dated: 2013-05-18 16:36:28

Even if the national coordinator for Alliance@IBM, Lee Conrad only has to say that there were no confirmed layoffs as of Thursday morning, and IBM’s corporate communications director, Dong Shelton doesn’t want to comment on rumors, it appears very much that there are going to be layoffs at IBM in Vermont. That’s what at least [...]

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