WASHINGTON — While the tax package that Congress passed New Year’s Day will protect 99 percent of Americans from an income tax increase, most of them will still end up paying more federal taxes in 2013. That’s because the legislation ...

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WASHINGTON — Americans cut back on spending last month while their income remained flat. The weakness in part reflected disruptions from Superstorm Sandy that could slow economic growth for the rest of the year. The Commerce Department said Friday that ...

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Jos. A. Bank Clothiers Inc. reported an 11.2 percent drop in net income during its fiscal third quarter, and analysts said the numbers reveal possible trouble brewing for the Hampstead-based men’s apparel company.

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Under Armour Inc.’s third quarter brought an increase in profit, the company said Thursday, but supply chain management issues continued to beleaguer the Baltimore-based performance athletic apparel firm.

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WASHINGTON — Americans boosted their spending in August even though their income barely grew. Much of the spending increase went to pay higher gas prices, which may have forced consumers to cut back elsewhere. The Commerce Department said Friday that ...

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BOSTON — A new study on the generosity of Americans suggests that states with the least religious residents are also the stingiest about giving money to charity. The study released Monday by the Chronicle of Philanthropy found that residents in ...

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NEW YORK — Wal-Mart Stores Inc. reported a 5.7 percent increase in second-quarter net income and raised its outlook for the full year as the world’s largest retailer continues to woo back frugal shoppers by re-emphasizing it has the lowest ...

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Goher Khawaja says the best part about selling lottery tickets is that the sales are always there, “no matter what.”

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WASHINGTON — An international group of economists is recommending that the United States adopt policies that would make higher-income Americans pay more in taxes to help boost the U.S. economy. The Organization for Economic Co-Operation and Development favors eliminating some ...

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WASHINGTON — The former chairman of the District of Columbia Council pleaded guilty Friday to lying about his income on bank loan applications, the latest blow to a city government rocked by scandal. Kwame Brown also admitted to a misdemeanor ...

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