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Quake-hit New Zealand city remains shut (Reuters) (Sep-5, 20:40 EDT )-- Reuters - A state of emergency after a 7.1 magnitude earthquake is keeping much of New Zealand's second-biggest city shut on Monday but financial markets have mostly shrugged off the quake as the long-term economic impact is seen limited.
Diverse water sources key to food security: report (Reuters) (Sep-5, 19:02 EDT )-- Reuters - Increasingly erratic rainfall patterns related to climate change pose a major threat to food security and economic growth, water experts said on Monday, arguing for greater investment in water storage.
What might make the Fed flinch? (Reuters) (Sep-5, 14:54 EDT )-- Reuters - The U.S. economy appears to be trudging along, neither booming nor busting, growing steadily enough to diminish double-dip recession fears but not quickly enough to bring down unemployment.
Want cheapskates to spend? Hawk gizmos that save (AP) (Sep-5, 14:31 EDT )-- AP - How do you get penny pinchers to spend these days? Pitch products that promise to save them money.
Putting 5 cheapskate accessories to the test (AP) (Sep-5, 13:32 EDT )-- AP - Companies are unleashing lots of gadgets to help consumers be more frugal, but are they worth the money?
Obama to propose permanent research tax credit (Reuters) (Sep-5, 13:31 EDT )-- Reuters - President Barack Obama will ask the Congress on Wednesday to increase and permanently extend a tax credit for business research as a way of boosting job growth, an administration officials said on Sunday.
Expiring tax cuts pose dilemma for US lawmakers (AFP) (Sep-5, 10:53 EDT )-- AFP - US lawmakers returning from summer recess face a conundrum on tax cuts set to expire at the end of this year, with the economy seemingly sputtering ahead of looming congressional elections.
Official: Obama backing research tax credits (AP) (Sep-5, 09:45 EDT )-- AP - Seeking ways to spur economic growth ahead of the November elections, President Barack Obama will ask Congress to increase and permanently extend research and development tax credits for businesses, a White House official said Sunday.
IMF's Lipsky says moderate world recovery underway (Reuters) (Sep-5, 00:07 EDT )-- Reuters - The world economy is recovering moderately but still faces challenges such as the need for medium-term fiscal consolidation, the IMF's First Managing Director, John Lipsky, said on Sunday.
In struggling housing market, buyers and sellers are out of sync (Sep-4, 23:32 EDT )-- Jack Donnelly put off selling his Capitol Hill rowhouse for three years until he thought he saw glimmers of life in the housing market this past spring. At $950,000, he said, the red brick Victorian is a "solid deal." Real estate economics - Real...
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