Social Security News
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Portugal’s Finance Ministry said the government posted a wider deficit in the four months through April after spending rose more than tax revenue.
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U.S. stocks fell, with benchmark indexes retreating from record highs, as concern grew that the Federal Reserve will scale back its stimulus efforts if the labor market continues to improve.
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Updated 1 hour, 4 minutes ago
A New Jersey businessman who cooperated with prosecutors in a U.S. probe of offshore tax evasion avoided prison for conspiring with five HSBC Holdings Plc bankers to hide Indian bank accounts from authorities.
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Target Corp., the second-largest U.S. discount retailer, said first-quarter earnings fell 29 percent and cut its forecast for profit this year as higher taxes and cooler temperatures hampered sales.
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Updated 1 hour, 28 minutes ago
The Senate Judiciary Committee approved legislation revising U.S. immigration law that includes an agreement between Senator Orrin Hatch and Democrats on visas for high-skilled foreign workers.
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As Japan’s cherry trees bloomed and the stock market soared, Kohetsu Watanabe flew to a blossom- viewing party in Tokyo hosted by Prime Minister Shinzo Abe to tell the premier personally how bad things really are.
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Updated 1 hour, 28 minutes ago
Republicans in the House and Senate are insisting that a revision of immigration law include ways to prevent foreigners from staying in the U.S. on expired visas.
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Republican Senator Orrin Hatch said he won’t support a bipartisan U.S. immigration bill unless lawmakers agree to his changes on taxes immigrants must pay and social benefits they can receive.
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Updated 44 minutes ago
Republican politicians and activists can barely contain their glee at the simultaneous eruption of three major controversies about the Obama administration.
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U.S. policy makers must address debt loads projected to rise later this decade to avoid a 2013 downgrade, even as the latest budget projections are “credit positive,” according to Moody’s Investors Service.
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