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Donald Sterling Breaks Silence; Wishes He Had Paid Off Stiviano

Posted on May 5, 2014

Speaking publicly for the first time since the release of a racist audio recording led to his lifetime ban from the NBA., Los Angeles Clippers owner Donald Sterling said he wishes he had “paid off” the female acquaintance who taped their conversation, according to media reports. “I wish I had just paid her off,” Sterling […]

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Boehner Preparing To Launch Full Investigation of Benghazi

Posted on May 3, 2014

House Speaker John Boehner (R-Ohio) is set to announce the formation of a select committee to investigate the 2012 Benghazi attacks. Boehner had been cool to the idea of forming a committee to probe the attacks that left four Americans dead, but sources close to the speaker say a new email released this week showing […]

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Seemingly Terrific April Jobs Report Poses Strange Puzzle

Posted on May 3, 2014

Funky job reports are not unusual, and the employment data for April certainly fits the bill. How else to explain the biggest gain in hiring in more than two years – at the same time the labor force shrank by the second largest amount in 32 years. Let’s review. The U.S. added 288,000 jobs in […]

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Arizona Makes “Revenge Porn” A Felony

Written by John Odermatt on May 2, 2014

Another controversial law was signed by Governor Jan Brewer this week in Arizona. The new legislation means Arizona will be the first state to make posting “revenge porn” online a felony offense. The Arizona Legislature unanimously passed the bill one week ago and the governor signed it into law last Wednesday. “Revenge porn”, also referred […]

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Bitcoin May Be Trending, But Investors Still More Than Hesitant To Jump In

Posted on April 28, 2014

Bitcoin is the hottest investing trend since the Internet, according to venture capitalists who have sung its praises. But the money hasn’t exactly followed. Venture capitalists invested $74.1 million in bitcoin startups across 39 deals in 2013, according to data provided by CB Insights. That’s less than a third of what Internet companies raised in […]

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Woman’s Wild Ride Stops Bank Robber From Getting Away

Posted on April 28, 2014

Who can possibly know why Tina Gleim made such a dangerously bold move? Whatever lit the fire under her, the volunteer treasurer for a nonprofit group — who has stage-four colon cancer — knows one thing for sure: Had she been sporting a vehicle fancier than her pickup truck with 190,000 miles on it, she […]

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Why The Housing Sector Won’t Save The Broader Economy

Posted on April 26, 2014

The housing sector may or may not get better after a slow start to 2014. But regardless, it certainly won’t save the broader economy — at least not according to two professors who run a popular economics blog. On House of Debt, Princeton’s Atif Mian and University of Chicago Booth School of Business’s Amir Sufi […]

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