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Economy

Several retail stores closing

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Several major retail chains are closing their doors. The Sharper Image at Mayfaire is one of 96 company locations closing its doors. Full story...
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Economic stimulus checks are on the way

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The $600 economic stimulus checks are hot off the printers and will soon be on their way to your home. Now the big question: How to spend it? Some people said they will pay bills or pay off student loans. Others said they plan to spend the money on regular expenses, like food and gas. Full story...
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Tax rebates should start showing up in bank accounts today

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Those long-promised tax rebates are now on their way to U.S. taxpayers. Full story...
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Two wholesale clubs rationing rice

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You can add rice to the list of worldwide shortage concerns. Two major US wholesale clubs are now rationing rice. Full story...
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College grads struggle to find work

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Earlier this week we reported how the struggling economy means fewer summer jobs for college students. Full story...
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Americans worried about finances, not cutting back on gas

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As gas prices and food prices soar and housing prices plummet average Americans are increasingly worried about their finances. Full story...
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Magazine lists PPD as safe investment

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In these rocky economic times many people are looking for a good place to invest their money. Full story...
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Charter fishing on decline in face of fuel costs

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videoGrab your fishing rod, bait and tackle -- fishing season is upon us. But recent weather, and more importantly, fuel prices, have some charter fishermen concerned for the coming months. Full story...
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Wilmington home sales down 41 percent

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videoNew numbers underscore a continuing slowdown in the local real estate market. We talk a lot about how tough it is for homeowners to sell their homes. But that means it's also tough on real estate agents. Full story...
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Brunswick County school nutrition program facing deficit

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With food costs up and fewer students buying lunches than in years past Brunswick County schools are feeling the affects. Full story...
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Home sales down, gas prices up

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Another bit of bad news regarding the housing market: the National Association of Realtors reports that pending home sales fell to the lowest reading on record in February. Full story...
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More on Stimulus Payments

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In May, the Treasury Department will begin the process of issuing rebate checks to over 130 million individuals -- the result of provisions included in the Economic Stimulus Act of 2008, which was signed into law in February. Full story...
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Rising food prices hurting consumers

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While rising gas prices get the headlines, rising grocery prices are also chewing through our wallets. Full story...
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Local truck drivers pulling rigs off road

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Oil company CEOs went before Congress today to discuss sky-rocketing fuel prices. The soaring costs are hitting truckers hard. An independent trucker's strike has already broken out sporadically in several cities across the country from Los Angeles to New Jersey. Full story...
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Professor: Economic crisis affecting consumer confidence

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Even during these uncertain economic times the Federal Reserve has not yet said whether we're in a recession. There's certainly no doubt the economy is in crisis, and that's due in large part to problems in the financial sector. Full story...
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