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Dollar Value: New Low Threatens Long-Term Growth

Dollar Value: New Low Threatens Long-Term Growth

The Independent News Alternative Real News

The dollar has fallen 10 percent since the first hints of QE2.
37 percent China holds about $3 trillion of its currency reserves in dollars.
Foreign investors hold 48 percent of marketable Treasury debt.

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The Economy: Lower Growth, Higher Unemployment

The Economy: Lower Growth, Higher Unemployment

The Independent News Alternative Real News

U.S. economic growth slumped in the first quarter as high fuel and food prices drained money from consumers’ pockets and a moribund housing market continued to weigh heavily on job prospects for the unemployed.

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Federal Reserve winds down economic support program and considers how to keep inflation down

Federal Reserve winds down economic support program and considers how to keep inflation down

The Independent News Alternative Real News

WASHINGTON — The Federal Reserve is increasingly confident in the economy and about to end a $600 billion program to support it. Now for the next step — figuring out how to keep inflation from taking off.

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In charts: Building permits, home prices and more

In charts: Building permits, home prices and more

The Independent News Alternative Real News

WASHINGTON (MarketWatch) — U.S. builders started construction on homes at a faster rate in March and permits to begin new work also rose, but the home-building industry remains mired in its worst slump ever.

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Gas Price Crisis: Obama Must Increase Production

Gas Price Crisis: Obama Must Increase Production

The Independent News Alternative Real News

Where’s the sense of urgency? While President Obama is out trying to reboot his connection with Americans on Facebook, unhappy Americans are trying to cope with gasoline prices that in some locales top $5 per gallon.  They want to know: What’s the president doing to help?

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