Congress has approved an extended payroll tax holiday. One of the ways it will be paid for is through federal auctions of sections of the broadcast spectrum to wireless companies. But consumers are not likely to see the benefits for years.
The $25 billion mortgage settlement between states and major lenders requires banks to provide "a single point of contact" for homeowners seeking to avoid foreclosure. The same requirement was agreed to in a previous deal with banks. But some customers say they're still having lots of trouble getting anyone to return their calls.
The episode featured a voice cameo by WikiLeaks founder Julian Assange. In it, the Simpson family is kicked out of their Springfield hometown after the mayor declares them an "unending nightmare." They run into Assange in exile.
Economists blame the slump in exports on a stronger yen, the global economic slowdown and ongoing problems from last year's earthquake and tsunami. Shipments were down 9.3 percent compared with a year earlier.
The Miami Boat Show, which is held on Presidents Day weekend, always promises a look at nice, new toys. This year, the show is aiming at the rich and fabulous yachting set. One of the new "yacht toys" being demonstrated: a personal submarine for just $50,000.
The resolution of the Greek debt crisis will depend, in part, on whether bondholders can be persuaded to take big losses on their holdings. At this point, it appears that most are willing to take their lumps and move on. But if enough of them balk at the settlement, it could tip Greece into default.
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