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Danville city manager proposes drastic budget action
Assignment ManagerDanville's city manager is proposing some fairly drastic budget initiatives to get the city on track economically. The proposals announced Thursday include the elimation of45 jobs by July and tax increases to pay for economic development and blight...Tags: Elections, Homes, Layoffs and Downsizing, Local Elections, Teaching and Learning
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CBN Secure Technologies to expand in Danville, creating 25 new jobs
Twenty-five new jobs are coming to Danville.
Governor Bob McDonnell announced Wednesday that CBN Secure Technologies, Inc. plans to expand operations at its Danville facility.
The $1.1 million project will add 25 new jobs.
“Virginia is a...Tags: Pittsylvania County, Politics, Elections, Business, Companies and Corporations
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Gov. Bob McDonnell gives his State of the Commonwealth speech
McDonnell urges lawmakers to trim government
RICHMOND, Va. (AP) -- Gov. Bob McDonnell is urging legislators to make some tough choices to cut spending and restructure state government.
McDonnell said Wednesday night in his State of the Commonwealth...Tags: Traffic, Ronald Reagan, Entertainment, Chesapeake Bay, Radio
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ANALYSIS-Japan PM Abe's true test; rising government bond yields
Reuters* Key 10-yr yield up half percentage point from record low * Rise in long-term rates threatens recovery in economic activity * Conflict in BOJ logic of higher inflation, lower rates-analyst * BOJ needs to convince market yields will stay low-analyst By...Tags: Nikkei, Shinzo Abe, Bonds, Finance, Government Debt
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Analysis: Japan PM Abe's true test; rising government bond yields
ReutersTOKYO (Reuters) - Abenomics' massive monetary stimulus was supposed to depress long-term interest rates to spur economic activity, but the Japanese government bond market has other ideas. Banks, unable to make money on their Japanese government bonds...Tags: Nikkei, Shinzo Abe, Bonds, Government Debt, Finance
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INSIGHT-Withdrawal syndrome sparks anxiety for Fed
Reuters* Consensus building at Fed to adjust bond-buying pace * Economy not ready for a move at Fed meeting this week * Officials want markets to adjust on economic signals * Market volatility up as investors try to gauge Fed By Ann Saphir, Jonathan Spicer...Tags: Labor Markets, Securities, Banking, Federal Reserve Bank of Chicago, Bonds
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Insight: Withdrawal syndrome sparks anxiety for Fed
Reuters(Reuters) - When do you take the addict off the methadone? That's essentially the dilemma facing the U.S. Federal Reserve's 19 policy makers when they meet in Washington this week. Since the height of the financial crisis in 2008, the U.S. economy and...Tags: Labor Markets, Securities, Banking, Bank of America Corp., Bonds
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Consumer and factory data signal steady economy
ReutersWASHINGTON (Reuters) - Consumer sentiment edged off a six-year high in June while manufacturing output picked up a bit last month after two straight months of declines, suggesting the economy remains on a moderate growth path. While other data on...Tags: Gasoline Industry, Food Industry, Government Debt, Commodity Markets, Federal Reserve
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IMF warns U.S. not to scale back stimulus too soon
WASHINGTON — Amid speculation that the Federal Reserve soon might start scaling back its stimulus efforts, the International Monetary Fund cautioned that a pullback before next year could hurt economies worldwide. Highlighting its concern Friday,...
Tags: Labor Markets, Budget Control Act of 2011, Politics, International Monetary Fund, International Organizations
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Analysis: India is Asia's weakest link in QE-driven rout
ReutersSINGAPORE (Reuters) - India is emerging Asia's canary in the 'hot money' mine. As financial markets sell off on concerns over rising U.S. rates, what happens in India, an economy with slowing growth and a heavy dependence on foreign money, could well...Tags: ING Group, Public Finance, Federal Reserve, Hong Kong, China
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Sales, jobs data show underlying economic strength
ReutersWASHINGTON (Reuters) - Retail sales rose more than expected in May and first-time applications for unemployment benefits fell last week, signs of economic resilience in the face of belt-tightening in Washington. The data on Thursday suggested rising home...Tags: Manufacturing and Engineering, Labor Markets, Unemployment Benefits, Building Material, Services and Shopping
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IMF says risks to successful Portugal bailout still high
ReutersBy Axel Bugge LISBON, June 13 (Reuters) - The International Monetary Fund said on Thursday Portugal's economic outlook was "somber" and its public debt condition "very fragile" although Lisbon has met the latest targets in its 78 billion euro bailout....Tags: European Union, Politics, International Monetary Fund, International Organizations, European Central Bank
Mar 31, 2011
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Mar 2, 2011
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Jan 12, 2011
|Story| AP Broadcast
Jun 16, 2013
|Story| Reuters
Jun 16, 2013
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Jun 16, 2013
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Jun 16, 2013
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Jun 14, 2013
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Jun 15, 2013
|Story| Los Angeles Times
Jun 13, 2013
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Jun 13, 2013
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Jun 13, 2013
|Story| Reuters
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