WASHINGTON — Mortgage giant Fannie Mae earned $10.1 billion in the second quarter, aided by the recovery in the housing market. The government-controlled company has turned a profit in each of the past six quarters. Fannie said Thursday it will ...

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WASHINGTON — A new report says the richest Americans got richer during the first two years of the economic recovery while average net worth declined for the other 93 percent of the nation’s households. The Pew Research Center report says ...

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WASHINGTON — From household wealth to spending at stores, many of the U.S. economy’s vital signs have recovered from the damage done by the Great Recession Home foreclosures and layoffs have dropped to pre-recession levels. Economic output has rebounded. And ...

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This would be the year when the global economy finally regained its vigor. At least that’s what many had hoped. It didn’t happen. The three largest economies — the United States, China and Japan — struggled again in 2012. The ...

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The Monroe County District Attorney’s Office, so far this year, has obtained orders requiring payments of $126,868 from successful prosecutions of people charged with unemployment insurance fraud. Only New York County, home to Manhattan, brought in more in restitution ...

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ALBANY — In an often rousing speech, former President Bill Clinton urged New York to keep looking to the future to create a better state. “New York can rise again,” Clinton said “What we need is to suit up and win again.” He urged the Rust Belt ...

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WASHINGTON — The economy expanded at a meager 1.3 percent annual rate in the spring after scarcely growing at all in the first three months of the year, the Commerce Department said Friday. The combined growth for the first six months of the year ...

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WASHINGTON — In a healthy economic recovery, states and localities start hiring, expand services and help fuel the nation's growth. Then there's the 2011 recovery. The U.S. economy is moving ahead, however fitfully.

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SAN FRANCISCO — Charles Schwab, the founder and chairman of discount brokerage Charles Schwab Corp., is recuperating after undergoing successful heart valve replacement surgery on Friday.

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WASHINGTON, D.C. — Sales of previously occupied homes rose last month after a dismal summer but remain well short of healthy levels. The National Association of Realtors says sales grew 10 percent in September ...

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The New York State economy remains seriously damaged from the worst national recession in decades, precipitated by high risk lending practices, according to a report on economic trends in New York state released today by Comptroller Thomas P. DiNapoli.

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WASHINGTON, D.C. — More worried about the recovery, the Federal Reserve took a small step Tuesday to bolster the economy. Wrapping up a one-day meeting, the Fed said it will use the proceeds from its investments in mortgage bonds ...

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