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In this Wednesday, April 24, 2013, photo, workers are seen at the construction site of a new housing complex, in Trenton, N.J. The Commerce Department reports on new-home sales for April on Thursday, May 23, 2013. (AP Photo/Mel Evans)
US new home sales up 2.3 percent in April
WASHINGTON (AP) — U.S. sales of new homes rose in April and nearly matched the fastest pace in five years, driving the median price to a record high. The gains suggest the housing recovery is stren...
May 23, 2013 | 0 0 comments | 3 3 recommendations | email to a friend
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Stocks mixed as investors reassess Fed worries
NEW YORK (AP) — Investors recovered their poise by midday Thursday after an early sell-off sent stocks sharply lower. U.S. markets fell immediately after the opening bell following a global slump ...
May 23, 2013 | 0 0 comments | 3 3 recommendations | email to a friend
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GSU forecaster: Economy improving but factors are weighing down growth
A local economic forecaster says Georgia and Atlanta are seeing signs of recovery but several factors are keeping economic growth from accelerating this year. Rajeev Dhawan is Director of Georgia S...
May 23, 2013 | 0 0 comments | 3 3 recommendations | email to a friend
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Stocks fall on news Fed weighed cutting stimulus
NEW YORK (AP) — Stocks are closing lower on news that several Federal Reserve policymakers favored cutting back on stimulus programs as early as June if the economy continues to improve. The relea...
May 22, 2013 | 0 0 comments | 3 3 recommendations | email to a friend
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FILE - This Nov. 14, 2011, file photo shows a Home Depot store in Edmond, Okla. (AP Photo/Sue Ogrocki, File)
Housing recovery boosts Home Depot 1Q results
NEW YORK (AP) — Home Depot Inc.'s first-quarter net income rose 18 percent, thanks to the ongoing housing recovery, despite a chilly and wet spring. Its quarterly results topped Wall Street expect...
May 21, 2013 | 0 0 comments | 3 3 recommendations | email to a friend
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Stock indexes flip between gains and losses
NEW YORK (AP) — Stock indexes fluctuated in midday trading Tuesday as investors tried to predict the Fed's next move. The Dow Jones industrial average rose 32 points to 15,366 shortly before 12 Ea...
May 21, 2013 | 0 0 comments | 3 3 recommendations | email to a friend
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Small company stocks take the limelight
NEW YORK (AP) — Small companies are taking the limelight on a choppy start to the week. The Russell 2000, an index of small-company stocks, rose above 1,000 for the first time Monday. The index is ...
May 20, 2013 | 0 0 comments | 3 3 recommendations | email to a friend
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FILE - In this Saturday, Feb. 24, 2007 file photo, tourists walk the south beach of Jekyll Island, Ga. (AP Photo/Stephen Morton, File)
Jekyll breaking ground on overdue convention hotel
JEKYLL ISLAND (AP) — Developers are set to start construction on a new convention hotel for Jekyll Island after long delays that largely resulted from difficulties getting a bank loan for the $41 m...
May 20, 2013 | 0 0 comments | 3 3 recommendations | email to a friend
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Yahoo takes big leap with $1.1B deal for Tumblr
by MICHAEL LIEDTKE,AP Technology Writer
May 20, 2013 | 0 0 comments | 3 3 recommendations | email to a friend
SAN FRANCISCO (AP) — Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times. The deal announced Mo...
Shrewd Ga. businesswoman fought stereotypes
by Shrewd Ga. businesswoman fought stereotypes
May 18, 2013 | 0 0 comments | 3 3 recommendations | email to a friend
ATLANTA (AP) — As a shrewd businesswoman with keen insight and endless aspirations, Ophelia DeVore worked for much of the 20th century to smash stereotypes and empower black women by teaching them ...
Stocks rise on hopeful signs for the US economy
by STEVE ROTHWELL,AP Market Writer
May 17, 2013 | 0 0 comments | 3 3 recommendations | email to a friend
NEW YORK (AP) — Encouraging news about the U.S. economy is extending the stock market's rally. U.S. stock indexes rose for the fourth week in a row and are at record levels. A gauge of future econo...
A late fade on Wall Street; Wal-Mart, Disney slump
by MATTHEW CRAFT,AP Business Writer
May 16, 2013 | 0 0 comments | 3 3 recommendations | email to a friend
NEW YORK (AP) — Weak sales from Wal-Mart and discouraging economic reports resulted in a down day on the stock market. The Dow Jones industrial average fell 42 points to close at 15,233 Thursday, ...
In Bloomberg uproar, ethics flags for new media
by ADAM GELLER,AP National Writer
May 16, 2013 | 0 0 comments | 3 3 recommendations | email to a friend
NEW YORK (AP) — Launching his namesake company's news division in the 1990s, Michael Bloomberg largely rejected long-held rules of the journalism trade that insist on keeping thick firewalls betwee...
Stock indexes shake off early slide, close higher
by MATTHEW CRAFT,AP Business Writer
May 15, 2013 | 0 0 comments | 0 0 recommendations | email to a friend
NEW YORK (AP) — The stock market is closing higher after shaking off a morning slump. The Dow Jones industrial average rose 60 points to close at 15,275 Wednesday, a gain of 0.4 percent. The Stan...
Oil falls below $93 on Europe, US economic news
by The Associated Press
May 15, 2013 | 0 0 comments | 0 0 recommendations | email to a friend
NEW YORK (AP) — The price of oil fell below $93 on Wednesday after disappointing economic reports from Europe and the U.S. By late morning in New York, benchmark oil for June delivery was down $1....
Georgia Power adds to biomass portfolio
by The Atlanta Journal-Constitution
May 15, 2013 | 0 0 comments | 0 0 recommendations | email to a friend
Georgia Power Co. inked a deal with Rollcast Energy Inc. to add 53.5 megawatts of biomass capacity to its generation portfolio. Financial terms to the 20-year purchase power deal were not disclosed...