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Sales Of New Homes Fell In December, But Were Up Sharply In 2012

There were an estimated 367,000 new homes sold last year, up 19.9 percent from the 306,000 sold in 2011. The dip in December isn't being seen as a sign that the recovery has gone off track.
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Virginia Faces Challenges On Funding For Transportation Maintenance

As Virginia's governor and General Assembly hammer out a plan to raise billions in revenue to fund transportation, it is becoming clear that just keeping up with basic maintenance costs will be very difficult.


Foreign Investors Trade Dollars For U.S. Residency

Obtaining a U.S. visa can be pretty straightforward if you have $500,000. The EB-5 program grants foreigners permanent residency if they invest $500,000 in an American business and create at least 10 jobs. Despite its success, critics say the program pushes the rich to the front of the immigration line.

5 Things To Know About The Congressional Budget Fight

As if the federal budget process isn't confusing enough, now it's being complicated by a partisan war on Capitol Hill. What's really going on?

Jobless Claims Hold At Five-Year Low

There were 330,000 first-time claims for benefits last week, down 5,000 from the week before. That means applications remain at the lowest level since January 2008.

Union Membership Continues Decline; Now At Lowest Level Since 1930s

The continued drop is just another blow to the labor movement, which has suffered huge political loses in Wisconsin, Indiana and Michigan. The president of the AFL-CIO said the continued drop imperils the middle class.

Is Eurozone's Debt Crisis Over?

The World Economic Forum is underway in Davos, Switzerland. This annual meeting is where the world's rich and powerful talk about global economic issues. Topping the agenda is Europe's debt troubles. Renee Montagne talks to Zanny Minton Beddoes of The Economist about the eurozone crisis, which some European leaders in recent days have declared "over."