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Z-AP-ECONOMY
Food stamp fraud raising concerns in gov't offices
Posted 12:19 PM 5/24/2012
WASHINGTON (AP) Food stamp recipients are ripping off the government for millions of dollars by illegally selling their benefit cards for cash sometimes even in the open, on eBay or Craigslist and then asking the government for replacement cards.
The Agriculture Department wants to curb (More)
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Z-AP-ECONOMY
EU running out of time as Greece nears the exit
Posted 11:40 AM 5/24/2012
ATHENS, Greece (AP) European leaders insist they want to keep Greece in the eurozone, but are putting off any agreement on how they hope to accomplish that. Greece says it, too, wants to stay in the eurozone, but until after elections it's uncertain whether it can implement the austerity that (More)
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Z-AP-ECONOMY
US bank earnings rose this winter to 5-year high
Posted 11:05 AM 5/24/2012
WASHINGTON (AP) U.S. bank earnings rose in the first three months of the year to the highest level in nearly five years and the number of troubled banks fell for the fourth straight quarter.
The mostly positive first-quarter earnings released Thursday illustrate how far the banking (More)
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Z-AP-ECONOMY
Say cheese! NASA Mars rover photographs own shadow
Posted 10:49 AM 5/24/2012
LOS ANGELES (AP) Even robots like to have fun. NASA's rover on Mars showed off its playful side by snapping a picture of its own shadow. It's the latest self-portrait since the rover, named Opportunity, landed on the red planet in 2004.
The photo was taken in March and NASA released it (More)
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Z-AP-ECONOMY
Weekly US jobless aid applications dip to 370,000
Posted 9:27 AM 5/24/2012
WASHINGTON (AP) The number of people seeking unemployment benefits changed little last week, signaling modest job growth.
The Labor Department said Thursday that weekly applications for benefits dipped by 2,000 to a seasonally adjusted 370,000.
Applications have leveled off this (More)
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Adv. - more news below
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Z-AP-ECONOMY
US 30-year mortgage rate falls to record 3.78 pct.
Posted 9:11 AM 5/24/2012
WASHINGTON (AP) The average U.S. rate for the 30-year fixed mortgage fell to a record low for a fourth straight week. Cheap mortgages have helped boost home sales modestly this year.
Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan dipped to 3.78 percent. That's (More)
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Z-AP-ECONOMY
Land conflicts stunt Vietnam urban planning dreams
Posted 1:38 AM 5/24/2012
HANOI, Vietnam (AP) Do Quoc Tai is an unlikely pain in the side of Vietnam's ruling Communist Party. Although the construction foreman earns just $150 per month, he and his neighbors have strong-armed the government, blocking a major ring road that's a symbol of the country's push to (More)
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Z-AP-ECONOMY
A smoke-free country? New Zealand taxes aim for it
Posted 12:18 AM 5/24/2012
WELLINGTON, New Zealand (AP) There are smoke-free bars, smoke-free parks, even smoke-free college campuses. But a smoke-free country?
New Zealand's government on Thursday squeezed smokers more than ever by announcing a 40 percent hike in tobacco taxes over the next four years. Prices here (More)
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Z-AP-ECONOMY
Yahoo seeks to shake up search, Web browsing
Posted 10:17 PM 5/23/2012
SAN FRANCISCO (AP) Joining the battle to redefine Internet search, Yahoo is taking aim with a new browser enhancement it calls "Axis."
It alters browsers made by other companies to display search results in a more convenient and visual format.
The troubled Internet company Yahoo (More)
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Adv. - more news below
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Z-AP-ECONOMY
Yahoo seeks to shake up search, Web browsing
Posted 10:17 PM 5/23/2012
SAN FRANCISCO (AP) Joining the battle to redefine Internet search, Yahoo is taking aim with a new browser enhancement it calls "Axis."
It alters browsers made by other companies to display search results in a more convenient and visual format.
The troubled Internet company Yahoo (More)
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Z-AP-ECONOMY
Facebook shares stabilizing, but probes mount
Posted 10:16 PM 5/23/2012
NEW YORK (AP) Facebook's initial public offering is the subject of two congressional inquiries and mounting lawsuits as the social network enters its fifth day of public trading on Thursday.
The shares regained some ground Wednesday, climbing $1, or 3.2 percent, to close at $32. But that (More)
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Z-AP-ECONOMY
Facebook shares stabilizing, but probes mount
Posted 10:16 PM 5/23/2012
NEW YORK (AP) Facebook's initial public offering is the subject of two congressional inquiries and mounting lawsuits as the social network enters its fifth day of public trading.
The shares regained some ground Wednesday, rising $1, or 3.2 percent, to close at $32. They were up another 50 (More)
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