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NEW YORK, July 20, 2011 /PRNewswire/ -- Newtek Business Services, NASDAQ: NEWT, The Small Business Authority, announced the release of the SB Authority Index for June 2011 reaching 106.07 points. The SB Authority Index is up . Approved SBA loan volumes, the Russell microcap index and Retail Sales caused the increase in the index. The other five components of the index are ADP national employment report, Newtek's proprietary merchant processing volume, estimated small business default loan rate, GLS default rate and the prime rate.
President and CEO, Barry Sloane said, "We continue to see mixed results from the small business economy. We also need to remind our audience that our index is not a final sales number and is made up of eight different economic factors that d...
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Chesapeake from May 20 to 27
Ahoy Acres - GMAC Mortgage LLC to Gisele A. White, 3932 Ahoy Drive, $150,000.
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Dubuque's unemployment rate shot upward last month, according to the latest round of state data.
In the Dubuque metro area, which includes all of Dubuque County, unemployment increased to 5.6 percent in June, up from 5 percent in May, Iowa Workforce Development reported Tuesday. The unemployment percentage is down slightly from June 2010, when it was 5.7 percent, and is below the current state rate of 6 percent.
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Publicity For Income Taxes
There was only one commonsense view to take of the income tax publicity law enacted by Congress, and naturally the Supreme Court of the United States was unanimous in taking it. Under that law, newspapers have the undoubted right to publish lists of income tax returns they see fit to do, so criticism should not be aimed at the publishers but at the Congress which made such a condition possible. Any attempt by a department of the government to thwart the intention of Congress would set up a censorship of the press which would be in itself an unlawful act.
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The regulatory waters will lap higher and colder from 1 May when the new Financial Markets Authority (FMA) is established and related legislative refo...
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Chino Valley seniors to receive scholarships
Twenty seniors are receiving scholarships from Chino Valley Unified School District at awards ceremonies beginning this week and continuing through commencement exercises.
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Most analysts - of all political persuasions - have concluded the U.S. strategy in Afghanistan isn't working - and costs too much to be sustained much longer. Yet no one has produced a formula for a speedy exit that doesn't risk chaos - or worse.
This leaves us stuck. President Obama has pledged to start pulling U.S. troops out of Afghanistan this summer, with an eye toward withdrawing most forces by 2014. But, in talks with U.S. and Afghan leaders and experts, I've yet to hear an exit plan that doesn't risk returning Afghanistan to civil war and/or Taliban domination, while further destabilizing nuclear-armed Pakistan next door.
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WASHINGTON - For the first time in a year, Americans have stopped spending more.
Consumer spending failed to budge from April to May, evidence that high gas prices and unemployment are squeezing household budgets. When adjusted for inflation, spending actually dropped 0.1 percent last month, the Commerce Department reported Monday.
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