Texas ed board vote reflects far-right influences (AP)

March 12, 2010 by Yahoo! News: Economy News  
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State Board of Education member Mary Helen Berlanga listens to debate during an SBOE meeting in Austin, Texas, on Friday, March 12, 2010. Earlier in the day, the board voted 10-5 to preliminarily adopt a new, more conservative, social studies curriculum. Berlanga, who voted against the changes, decorated her desk with signage of past minority discrimination.(AP Photo/Jack Plunkett)AP - A far-right faction of the Texas State Board of Education succeeded Friday in injecting conservative ideals into social studies, history and economics lessons that will be taught to millions of students for the next decade.


Summary Box: Retail sales post surprising gain (AP)

March 12, 2010 by Yahoo! News: Economy News  
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AP - RETAIL SALES: Retail sales rose 0.3 percent in February, surprising economists who had forecast a decline because of their expectation that major snowstorms would keep consumers away from stores.

US stocks flat despite strong retail figures

March 12, 2010 by Financial Times - Financial markets news  
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US stocks were flat in spite of surprisingly strong retail sales data and positive employment figures from Canada

US wine exports fall 15 percent in 2009 (AP)

March 12, 2010 by Yahoo! News: Economy News  
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AP - People worldwide are still buying U.S. wine in a tight economy, although exports were down in 2009 from 2008's record-setting year.

Union Pacific CEO seeing signs of better business (AP)

March 12, 2010 by Yahoo! News: Economy News  
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AP - The CEO of Union Pacific said Friday that shipments carried by the nation's biggest railroad are stronger than expected this year, but are still a long way from full recovery.

Solid economic data give positive backdrop

March 12, 2010 by Financial Times - Financial markets news  
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Global Markets Overview: Record rise in eurozone industrial production help global stocks build on Wall Street’s overnight advance, but gains tempered by uncertainty

Summary Box: Obama mulls choices for Fed vacancies (AP)

March 12, 2010 by Yahoo! News: Economy News  
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AP - RESHAPING THE FED: President Barack Obama needs to fill three vacancies at the Federal Reserve. Janet Yellen, president of the Federal Reserve Bank of San Francisco, is his top pick to be vice chairman.

Obama identifies three possible Fed picks (AFP)

March 12, 2010 by Yahoo! News: Economy News  
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US President Barack Obama plans to nominate San Francisco regional central bank chief Janet Yellen, a policy dove, as Federal Reserve Board number two, news reports said Friday.(Federal Reserve Board)AFP - US President Barack Obama is giving "strong consideration" to naming three officials to fill vacancies at the Federal Reserve board, the White House said Friday as he moves to revamp the central bank.


Yellen leads picks for Fed seat (Reuters)

March 12, 2010 by Yahoo! News: Economy News  
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The US Federal Reserve Building is seen from the air over Washington, DC. The US economy continued to expand modestly on the back of consumer spending but the labor market remained bleak, the Federal Reserve said in its Beige Book report Wednesday.(AFP/File/Saul Loeb)Reuters - San Francisco Federal Reserve Bank President Janet Yellen, a monetary policy dove, tops President Barack Obama's list to be No. 2 at U.S. central bank, the White House said on Friday.


Retail sales rise as shoppers fight winter blues (Reuters)

March 12, 2010 by Yahoo! News: Economy News  
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Shoppers carry bags down 5th Avenue in New York December 18, 2009. REUTERS/Lucas JacksonReuters - U.S. retail sales rose unexpectedly last month despite heavy snow storms that were thought to have kept shoppers at home and bolstered hopes of a sustainable economic recovery.


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