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Featured Article

Last Updated on: Jan 27 2012 8:42AM
Economy likely ended 2011 with strong growth
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WASHINGTON - A weak year for the economy likely ended on a hopeful note.

The gain would represent modest improvement from this summer, when the economy grew just 1.8 percent.

However, even with the strong finish, economists believe the economy expanded just 1.7 percent for the whole year - roughly half the growth in 2010.

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Today's Headlines:
Why is investment income taxed less than wages?

WASHINGTON - Why do Mitt Romney and other wealthy investors pay lower taxes on the income they make from investments than they would if they earned their millions from wages?

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Local businesses expect economic improvement in 2012

A recent survey indicates more than half of the members of the Calhoun County Chamber of Commerce questioned believe 2012 will be a better year economically than 2011 -- the highest rating of optimism local businesses have had about the economy since before the recession hit in 2007.

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Obama to target rising college tuition costs

ROMULUS, Mich. - President Barack Obama has put colleges and universities on notice to control tuition costs or face losing federal money.

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FACT CHECK: Debate over 'ghetto language' ad

WASHINGTON - Mitt Romney accuses Newt Gingrich of calling Spanish a "ghetto language."

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