Posts Tagged Economy

Correction: Housing-Clinging to Low Rates story

WASHINGTON (AP) — In a story July 11 about people who are hesitant to sell their homes and give up their ultra-low mortgage rates, The Associated Press reported erroneously that a rental index compiled by real estate data provider Zillow had risen 19 percent in the past year. In fact, Zillow’s index measures how much of a typical renter’s income goes toward rent; the index is 19 percent above its historical average.

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US stock futures rise as investors weigh earnings

The New York Stock Exchange is shown, in this Aug. 9, 2011 file photo taken in New York. World shares were rattled Thursday July 24, 2014 by reports the European Union is weighing stiffer financial sanctions against Russia.  .(AP Photo/Mark Lennihan, File)

NEW YORK (AP) — Stocks were unable to hold their earlier gains as trading wound down Thursday. Investors reacted to quarterly results from companies across several industries, including Facebook, Ford and Caterpillar.

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Texas governor’s startup fund is not all it seems

Texas Gov. Rick Perry talks to the media before speaking to a meeting of local party activists, in this July 19, 2014 file photo taken in Algona, Iowa. Perry has distributed $205 million in taxpayer money to scores of technology startups using a pet program designed to bring high-paying jobs and innovation to the nation’s second most-populous state. An Associated Press review of the program found that one of the companies actually operates in California. Some have stagnated trying to find more capital. A few have even forfeited their right to do business in Texas by not filing tax reports. (AP Photo/Charlie Neibergall, File)

AUSTIN, Texas (AP) — Texas Gov. Rick Perry has distributed $205 million in taxpayer money to scores of technology startups using a pet program designed to bring high-paying jobs and innovation to the nation’s second most-populous state.

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Varying health premium subsidies worry consumers

In this March 31, 2014 file photo, people sign up for the Affordable Care Act at Swope Health Services, in Kansas City, Mo. The Associated Press interviewed insurance agents, health counselors and attorneys around the country who said they received varying subsidy amounts for the same consumers. (AP Photo/Charlie Riedel, File)

MIAMI (AP) — Linda Close was grateful to learn she qualified for a sizable subsidy to help pay for her health insurance under the new federal law. But in the process of signing up for a plan, Close said her HealthCare.gov account showed several different subsidy amounts, varying as much as $180 per month.

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US stock futures rise as earnings reports roll in

A sign for Wall Street is shown in this March 8, 2010 file photo near the New York Stock Exchange. Global stocks mostly rose Wednesday, July 23, 2014, bolstered by solid U.S. earnings and home sales as tensions between Russia and the West over Ukraine eased. (AP Photo/Mark Lennihan, File)

NEW YORK (AP) — The stock market eked out a record high Wednesday, as investors weighed positive earnings from the technology industry against disappointing news from Boeing and other companies.

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