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I want our leaders to know that here in Sebring, we support bold action on climate and energy, including a cap on carbon pollution. Capping carbon pollution will ignite the transition to clean energy, end our dependence on dirty fossil fuels and put America on a path toward economic recovery. ...more
April 19, 2009
In other economic news: •Retail sales slip again. The Commerce Department said retail sales dipped 1.1 percent in March. It was the biggest decline in three months and a much weaker showing than the 0.3 percent increase that analysts expected. A big drop in auto sales led the overall slump in demand. Auto sales in March were 23.5 percent below year-ago levels. Sales also plunged at clothing stores, appliance outlets and furniture stores. ...more
April 15, 2009
At a time when every rule of investing has been turned on its head, there is apparently one constant: The renowned investor Warren E. Buffett has kept his sense of humor and his gift for plainspoken investment wisdom. ...more
March 1, 2009
Inflation at the wholesale level surged unexpectedly in January, reflecting sharply higher prices for gasoline and other energy products. ...more
February 20, 2009
The number of laid-off workers receiving unemployment benefits has jumped to an all-time high near 5 million while new jobless claims remain well above 600,000. Both figures were worse than expected and new projections from the Federal Reserve show unemployment rising for the rest of this year. ...more
February 19, 2009
A combination of mild weather and the lagging Florida economy pummeled earnings at TECO Energy Inc. ...more
February 7, 2009
Families are pinching their pennies this holiday season, and many will be looking for the best bargains for their Thanksgiving Day feasts. ...more
November 19, 2008
Consumers' appetites for home furnishings dropped again in August, with orders tumbling 16 percent to $1.68 billion - the fourth double-digit decline in six months. ...more
November 7, 2008
Social Security checks are going up $63 a month for the typical retiree, the largest increase in more than a quarter century but likely to seem puny to the millions who have been watching in horror as Wall Street lays waste to their retirement nest eggs. ...more
October 17, 2008
In a rare coordinated move, the Federal Reserve and other major central banks from around the world slashed interest rates Wednesday to prevent a mushrooming financial crisis from becoming a global economic meltdown. ...more
October 8, 2008
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