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Consumer spending, income stall; Sandy a factor

Friday, November 30th, 2012

WASHINGTON (Reuters) – Consumer spending fell in October for the first time in five months and income growth stalled, leading some economists to cut already weak estimates of fourth-quarter economic…

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Booches’ Famous Burgers Seek New Buns After Hostess Plant Closes

Friday, November 30th, 2012

It’s not just Twinkie hoarders and Ding Dong lovers that feel the pain of the Hostess factory closings. For the first time in about 40 years, Booches Billiard Hall in Columbia, Mo. has to go elsewhere to source the buns for its famous burgers. Regulars say they are adapting to the change.

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Boehner sees no progress in "fiscal cliff" talks

Friday, November 30th, 2012

WASHINGTON (Reuters) – House of Representatives Speaker John Boehner said on Thursday that “fiscal cliff” talks with the White House had made no substantive progress and criticized President Barack…

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A Bet Or A Prediction? Intrade’s Purpose Is Debated

Friday, November 30th, 2012

The “prediction market” site Intrade’s decision to close in the U.S. highlights how the company exists in a regulatory gray area, somewhere between trading and betting. Intrade says it hopes to operate legally in the U.S. eventually. In the meantime, American users must close their accounts by year’s end.

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Geithner travels to Capitol for U.S. "fiscal cliff" talks

Thursday, November 29th, 2012

WASHINGTON (Reuters) – U.S. Treasury Secretary Timothy Geithner, President Barack Obama’s chief negotiator in talks to avert the “fiscal cliff,” began a round of meetings with congressional leaders…

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