A look at economic developments around the globe (Socialist Hollande's slogan - "change now")

A look at economic developments around the globeBy The Associated Press – 1 hr 35 mins ago A look at economic developments and activity in major stock markets around the world Monday: ___ PARIS — The day after Francois Hollande rode to power in France on a slogan of "change now," the conversation in Europe is already different: Austerity has become a dirty word. **SNIP** MADRID — Spain's prime minister said the government will likely present important bank clean-up measures this week to clear up doubts about the solvency of the sector, a key source of worry over whether Spain...

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WH backs away from Obamacare as economic plus

White House Press Secretary Jay Carney implicitly retreated from President Obama's argument that Obamacare was a crucial part of his economic agenda. Asked why President Obama has been silent on the law as its second anniversary approaches, Carney explained that the president is now focusing on the economy rather than health care reform. "The president does speak about health care on occasion and will continue to do that," Carney told reporters, "but he is focused on a forward agenda right now -- and working with Congress and doing the things he can through executive action -- to grow the economy...

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Obama links economic policies with faith

President Barack Obama says he relies on his faith and values to guide his work on the nation's most urgent problems, including the economy. Obama says that as a Christian, he believes in the teaching that to whom much is given, much is required. He says that belief, and his reliance on economic good sense, is behind his policies — including his call for the wealthy to pay more taxes. Obama urges other leaders to not abandon their values or "the moral glue" that has guided the nation for centuries. ...

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Texas comptroller declareseconomic recession over

AUSTIN, Texas — The Texas comptroller said Monday that the economic recovery is taking hold, producing higher than expected tax revenues and possibly resulting in a budget surplus in 2013. In a letter to the Legislature, state Comptroller Susan Combs said tax collections were on pace to produce a $1.6 billion budget surplus for the fiscal biennium ending in 2013. That means the state could earn $82.7 billion over the next two years, while the 2012-2013 budget is only $81.1 billion. That represents an 8.2 percent increase in state revenues over the 2010-2011 budget cycle.

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SoCal Girl Talks About Economic Collapse & Relationships

I spoke with Stephanie about how the economy is affecting young women. Beside dealing with long term unemployment, the "jobless" economy is affecting how young men and women perceive each other. Many are putting off marriage and reassessing relationships. Many young women are investing free time with giving emotional support to their friends and seeking stronger ties with their existing families.

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