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Housing Stalls Election-Year Economic Growth

President Obama began Tuesday's news conference talking about the U.S. housing market. He said in many ways the U.S. economy is getting stronger but millions of Americans can't find jobs, and millions more are having trouble paying the rent or mortgage.
NPR

Lehman Exits Chapter 11, To Pay Creditors

When Lehman Brothers collapsed in 2008, it was the largest bankruptcy in U.S. history. More than three years later, Lehman is emerging from Chapter 11. The firm is really just back in business to liquidate itself. Lehman has about $65 billion in assets that it intends to distribute among its many creditors starting next month.
NPR

Obama Counters Republican Strategies On Iran

President Obama held a wide-ranging news conference Tuesday. He bluntly challenged Republican critics of his Iran policy — saying the stakes are too high to let politics intrude. The news conference was designed to steal some of the spotlight from GOP presidential hopefuls on Super Tuesday.
NPR

Is U.S. Energy Independence Finally Within Reach?

The U.S. has been dependent on foreign oil for its energy needs for decades. Some analysts now say the country could become energy independent over the next decade. Still, exactly what "energy independence" means is in dispute.
WAMU 88.5

County Leaders Protest Virginia's Budget Impasse

Local leaders from across the Commonwealth of Virginia converged on Richmond Tuesday to call for state legislators to agree on a budget and free local governments from budget gridlock.

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What's Behind These High Gas Prices?

Americans use 300 million gallons of gasoline every day, so it's no surprise they keep a close eye on prices at the pump. Taxes, refinery regulations, transportation expenses and global crude oil supply and demand all influence rising costs.
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How Many U.S. Jobs Does Apple Really Create?

Amid growing concerns about its outsourcing practices, Apple posted a study showing it has helped create more than 514,000 jobs in the U.S. But many of those jobs are based in industries that indirectly benefited from Apple's business, and now some economists are calling foul.
NPR

Did The Fed Help Banks While Ignoring The Risks?

The Federal Reserve shrugged off warnings and let banks pay shareholders billions of dollars in dividends last year, despite warnings from the Federal Deposit Insurance Corp. ProPublica investigative reporter Jesse Eisinger says banks should have been forced to set aside the money as a rainy-day cushion.
NPR

As Elkhart's Electric Dreams Fizzle, RVs Come Back

The Indiana city known as the RV capital of the world took a hit when the economy — and with it, the demand for recreational vehicles — took a nosedive. Soon, the manufacturing-dependent area had the nation's highest jobless rate. Local officials pinned recovery hopes, and a lot of government money, on electric vehicles — a bet that didn't pay off. But now the RV business is picking up again.

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