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Tag Archives: Recession

Bernanke not worried by higher gas prices

WASHINGTON — Federal Reserve Chairman Ben Bernanke boldly predicted to Congress on Tuesday that rising oil prices will cause only a brief and modest rise in consumer inflation. If he’s wrong, as some lawmakers suggested to him, the risks are ...

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Pending home sales fall 2.8% in January

WASHINGTON — Fewer Americans signed contracts to buy homes in January, the latest evidence that the housing market is struggling to rise above depressed levels. The National Association of Realtors says its index of sales agreements for previously occupied homes ...

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The Pursuit of Justice: Our conflicts don’t have to last forever

Congress is on break while the federal government faces the possibility of a shutdown in less than a week if tea party conservative Republicans can’t find common ground at least temporarily with enough mostly liberal Democrats left over from the ...

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Freddie Mac posts $1.7B loss for Q4

WASHINGTON — Mortgage buyer Freddie Mac has posted a loss of $1.7 billion for the October-December quarter of last year, and a $19.8 billion loss for all of 2010. The government-controlled mortgage buyer is also asking for an additional $500 ...

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Health care, professional services drive job growth

Through the recession and recovery, Maryland’s economy has been bolstered by other industries as manufacturing has waned, a trend that still gives many economic watchers cause for optimism. Health care continued to expand during the recession, adding 7,900 jobs in ...

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