K2 Radio » Economy

Unemployment Rates Fall In Nearly All U.S. Cities

Associated Press — Wed, 29 May 2013 17:13:04 +0000

WASHINGTON (AP) — Unemployment rates fell in almost all large U.S. cities in April, helped by stronger hiring. The gains show the job market is improving throughout the country.

The Labor Department says unemployment rates declined in 344 of the 372 largest metro areas

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Farmers Markets Make Impact In Wyoming

Associated Press — Fri, 24 May 2013 11:38:29 +0000

CASPER, Wyo. (AP) — The Wyoming Business Council says those little farmers markets in the state have a big impact on the economy.

Data compiled by the council's Agribusiness Division says the markets contributed more than $2

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U.S. Homes Sales Tick Up To Highest In 3 1/2 Years

Associated Press — Wed, 22 May 2013 14:17:55 +0000

WASHINGTON (AP) — Sales of previously-occupied U.S. homes ticked up last month to the highest level in three and a half years, helped by a jump in the number of houses for sale.

The National Association of Realtors says sales rose to a seasonally adjusted annual rate of 4

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Wyoming votes to invest $600M in private equity

Associated Press — Mon, 29 Apr 2013 19:55:47 +0000

The state of Wyoming plans to increase its investment in private equities.

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Report: Richest 7 Percent Got Richer During Recovery

Associated Press — Tue, 23 Apr 2013 17:23:31 +0000

WASHINGTON (AP) — A new report says the richest Americans got richer during the first two years of the economic recovery while average net worth declined for the other 93 percent of the nation's households

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Interior Dept. Cuts Mineral Payments To 35 States, Including Wyoming

Associated Press — Thu, 28 Mar 2013 11:34:57 +0000

CHEYENNE, Wyo. (AP) — Western states are being hit by a cut in federal mineral payments by the U.S. Department of Interior as part of the automatic federal spending cuts that started this month.

Wyoming Gov

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Dollar Continues Gains On Positive Economic Data

Associated Press — Thu, 14 Mar 2013 15:14:40 +0000

NEW YORK (AP) — The dollar is continuing to gain against world currencies following the latest signs that the U.S. economy is strengthening.

The Labor Department reported that applications for unemployment benefits fell to a five-year low last week

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White House On GOP Budget: Math Doesn't Add Up

Associated Press — Tue, 12 Mar 2013 16:45:53 +0000

WASHINGTON (AP) — The White House says the new House Republican budget outlines the wrong course for the nation.

White House spokesman Jay Carney says the math in Budget Committee Chairman Paul Ryan's plan doesn't add up

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Slight Gain Forecast For Retail Sales

Associated Press — Tue, 12 Mar 2013 11:52:33 +0000

WASHINGTON (AP) — A FactSet survey of economists suggests there was cautious consumer spending in February as Americans balanced a surge in hiring against higher taxes and gas prices.

Economists forecast that Commerce Department data due out Wednesday will show retail sales rose 0

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Budget Cuts Could Hit Needy College Students

Associated Press — Tue, 05 Mar 2013 17:52:12 +0000

WASHINGTON (AP) — A coalition of universities and college professionals is asserting the automatic budget cuts could end up costing some students hundreds of dollars a year.

The 77-member Student Aid Alliance says the cost could total as much as $876 a year in new fees, fewer work-study hours and reduced grants for students receiving federal aid

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Economic Growth Seen For Wyoming

Associated Press — Fri, 22 Feb 2013 12:48:08 +0000

OMAHA, Neb. (AP) — A survey of rural bankers in 10 Midwest and Plains states suggests slow economic growth is ahead.

A report released Thursday on the Rural Mainstreet Index says the overall index rose to 58

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Panetta: Defense Budget Cuts Will Damage Economy

Associated Press — Wed, 06 Feb 2013 16:29:30 +0000

WASHINGTON (AP) — Defense Secretary Leon Panetta is laying out a grim list of spending cuts the Pentagon will have to make in the coming weeks that he says will seriously damage the country's economy and degrade the military's ability to respond to a crisis

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White House: Economy Healing, But Could Be Wounded

Associated Press — Fri, 01 Feb 2013 16:38:30 +0000

WASHINGTON (AP) — The White House says a new jobs report shows the U.S. economy is healing, but warns Congress not to inflict wounds with looming spending cuts.

Alan Krueger is chairman of President Barack Obama's Council of Economic Advisers

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Economists Growing More Upbeat About Year Ahead

Associated Press — Mon, 28 Jan 2013 17:52:00 +0000

NEW YORK (AP) — Economists are increasingly, but still cautiously, optimistic about growth in the year ahead with hiring expected to pick up in coming months.

A quarterly survey by the National Association for Business Economics released Monday shows half of the economists polled now expect real gross domestic product — the value of all goods and services produced in the United States — to grow between 2 and 4 percent this year

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U.S. Home Sales Rose To 5-Year High In 2012

Associated Press — Tue, 22 Jan 2013 16:19:33 +0000

WASHINGTON (AP) — U.S. sales of previously occupied homes rose in 2012 to their highest level in five years, spurred higher by record-low mortgage rates and steady hiring.

The National Association of Realtors says sales reached 4

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Holiday Sales Rose 3 Percent

Associated Press — Tue, 15 Jan 2013 17:43:06 +0000

NEW YORK (AP) — A major retail trade organization is announcing that holiday sales rose 3 percent, below its forecast for a 4.1 percent gain.

The season was marked by heavy discounting in its final days as stores tried to unload excess goods after shoppers held back on spending

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Survey: Small Businesses Optimistic Despite 'Cliff'

Associated Press — Tue, 08 Jan 2013 12:58:40 +0000

NEW YORK (AP) — Small business owners were slightly more optimistic at the end of 2012, even as they awaited the outcome of negotiations in Congress over the "fiscal cliff."

That's the finding of a survey by the National Federation of Independent Business, a lobbying group

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White House Rejects Boehner's 'Plan B' Option

Associated Press — Tue, 18 Dec 2012 18:01:41 +0000

WASHINGTON (AP) — The White House is rejecting House Speaker John Boehner’s plan to push a backup tax bill as a way to deal with the “fiscal cliff.” In a statement, White House spokesman Jay Carney says Boehner’s “Plan B” approach can’t pass the Senate. And he says it does little to address the nation’s [...]

Stocks Lower As Investors Watch Washington

Associated Press — Thu, 13 Dec 2012 17:37:06 +0000

NEW YORK (AP) — Stocks are slipping on Wall Street after more tensions flared up in federal budget talks in Washington.

The Dow Jones industrial average and other major market indexes had been little changed in morning trading but took a turn lower after House Speaker John Boehner expressed frustration at how slowly negotiations were going with the White House

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GM's November U.S. Sales Rise 3 Percent

Associated Press — Mon, 03 Dec 2012 16:10:28 +0000

DETROIT (AP) — General Motors says its November U.S. sales rose just 3 percent from a year earlier.

The nation's largest automaker says it sold more than 186,000 cars and trucks, led by the Buick and Cadillac brands

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