The severe fiscal problems that crippled state budgets and sparked brutal political battles in the wake of the recession are easing, as state tax revenue rose substantially last year, the Census Bureau reported Thursday. Read full article > >
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States’ tax revenue rose 8.9 percent in last fiscal year
Federal Reserve Chairman Ben S. Bernanke has left his mark on economic history not once but twice, using almost every weapon in his arsenal to quell the financial panic of 2008 and then to lift the U.S. economy out of the recession that followed. Read full article > >
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On unemployment, is Bernanke aggressive enough?
If the recession is hitting the financially precarious dance world especially hard, it is also sparking new thinking. Take Company E , a start-up troupe that gave its first local performance Saturday at a sold-out Sidney Harman Hall with “Next: Israel,” a program of works by Israeli choreographers. Read full article > >
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Critic’s review of Company E’s debut, “Next: Israel”
The fiscal crises that ignited pitched partisan battles in states across the country in the recession’s wake are beginning to ease, leaving Republican governors in several crucial swing states struggling to overcome the political damage caused by past efforts to repair their budgets. Read full article > >
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Who’d believe it? Some governors face fallout from an improving economy.
Kit LaCroix credits two things with her recovery from a psychological breakdown that became the bleakest chapter of her life: the steady love of Bennett Mace and the rise of the Occupy movement. LaCroix had been happy in Chicago, where she failed to finish art school but found work waiting tables in a pub. She tamed the social anxiety that first appeared during college and relished the banter with customers as much as the solitude of her studio apartment. Then the recession hit, her tips dried up and for two months in a row she couldn’t make rent. Read full article > >
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On Love: ‘I see in you the fire of life’
Global emissions of carbon dioxide from fossil-fuel burning jumped by 5.9 percent, upending the notion that a decline during the recession might persist.
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Record Jump in Carbon Emissions in 2010, Study Finds
An unusual city clock that has been in storage since its proposed home was scuppered by the recession is facing a race against time.
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Race against time for city clock
One of the few bright spots in the U.S. economy lately has been the fact that we’ve been exporting a whole lot of goods abroad. According to the Commerce Department, U.S. exports hit $180.4 billion in September, a record high. Overall, exports have risen 23 percent since the end of the recession in 2009 — a better performance than in any of the previous four downturns. The trade deficit is shrinking. For all the talk about decline, America still produces a lot of stuff that people want. So what can this tell us about the economy? Read full article > >
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Can exports save the U.S. economy?
On the surface, Indiana seems to have weathered the recession rather well, but large cracks have opened in its economic foundation, a sign of just how severe the downturn remains.
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The Indiana Exception? Yes, but…
A 1 percent decline left prices barely above the recession lows, indicating a still weak market.
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U.S. Housing Prices Fell Again in January
Pensioners and the poorest households are amongst those that have been the worst hit by the recession, a study by the Institute for Fiscal Studies (IFS) and the BBC finds.
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Recession ‘hit poor the hardest’
The market for yachts is still depressed long after the recession has ended, discouraging would-be buyers and leaving owners unable to sell.
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You Think Houses Are a Slow Sell? Try Unloading a Yacht
Shoppers spent more money this holiday season than at any time since before the recession, according to preliminary data, exceeding even the most optimistic forecasts.
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Holiday Sales Return to Level Before Recession
Conservatives have a legislative agenda for 2011 that will hurt your ability to get or keep a job, your neighborhood’s ability to recover from the recession and this country’s ability to regain its footing in the global economy. To keep conservatives from enacting policies that will kill a nascent economic recovery, progressives will have to organize against these top 10 economy killers. read more
Carbon emissions fell in 2009 due to the recession – but not by as much as predicted, suggesting the fast upward trend will soon be resumed.
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CO2 drop ‘smaller than expected’
Who’d believe it? Some governors face fallout from an improving economy.
Saturday, February 25th, 2012
