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Bonnie Papandrea, Wilkinson & Associates powered by ERA, explains what money can buy you in Charlotte, North Carolina.
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WASHINGTON, May 16- The U.S. economy showed fresh signs of slower growth in the second quarter, with factory activity slipping in the mid-Atlantic region while groundbreaking declined at home construction sites. We are seeing a soft start for growth in the second quarter, "said Sam Bullard, an economist at Wells Fargo in Charlotte, North Carolina.
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President Barack Obama on Wednesday nominated a veteran Democratic congressman to oversee mortgage financiers Fannie Mae and Freddie Mac, a choice that could set up a contentious political debate over housing policy.
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*Private hiring rises by 119,000 jobs in April. NEW YORK, May 1- U.S. companies hired the smallest number of employees in seven months in April while manufacturing growth slowed, providing more signs that the economy is encountering a soft patch.
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*ADP payrolls growth undershoots forecasts. NEW YORK, May 1- U.S. Since the last FOMC meeting, the data have been coming in weaker than expected, "said Sam Bullard, senior economist at Wells Fargo in Charlotte, North Carolina."
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NEW YORK, May 1- U.S. companies hired the smallest number of employees in seven months in April while manufacturing growth slowed, providing more signs that the economy is encountering a soft patch.
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NEW YORK, May 1- U.S. private-sector hiring slowed again in April as companies added the fewest employees in seven months, the latest sign the economy is encountering a soft patch, a report by a payrolls processor showed on Wednesday.
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WASHINGTON, April 30- U.S. job growth likely accelerated in April, but probably still lacked enough muscle to help the economy head off the blow from deep government budget cuts and higher taxes.
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WASHINGTON, April 29- U.S. consumer spending unexpectedly rose in March as benign inflation supported households' buying power, but the growth momentum was unlikely to be sustained amid higher taxes. The Commerce Department said on Monday consumer spending advanced 0.2 percent last month after an unrevised 0.7 percent increase in February.
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WASHINGTON, April 28- President Barack Obama plans to nominate on Monday Charlotte, North Carolina, Mayor Anthony Foxx to be his next transportation secretary, a White House official said on Sunday. If confirmed by the U.S. Senate, Foxx would replace Ray LaHood, who has served as transportation secretary since January 2009.
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WASHINGTON, April 28- President Barack Obama on Monday plans to nominate Charlotte, North Carolina, Mayor Anthony Foxx to be his next transportation secretary, a White House official said on Sunday.
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*Netflix shares surge after results. *Apple up nearly 5 percent after bell on earnings. NEW YORK, April 23- U.S. stocks climbed on Tuesday in a broad rally, recovering from sharp declines sparked by a "bogus" Associated Press tweet about explosions at the White House.
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*Netflix shares surge after results. NEW YORK, April 23- U.S. stocks climbed on Tuesday in a broad rally, recovering from sharp declines sparked by a "bogus" Associated Press tweet about explosions at the White House. A false tweet by hackers of two explosions at the White House that injured U.S.
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*Factory activity slowest in six months in April. WASHINGTON, April 23- U.S. factory activity expanded at its slowest pace in six months in April, the latest sign that economic growth continued to lose momentum early in the second quarter, though the recovery has not been derailed.
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Supreme Court decision to limit the sweep of a 1789 law used to fight human rights abuses worldwide left a window slightly ajar for victims to sue companies, especially U.S. companies, accused of aiding such abuses.
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April 18- Bank of America Corp has launched a bank-wide initiative to boost revenue, but Chief Executive Brian Moynihan has his work cut out in proving that he can get the bank to grow robustly as it moves past its mortgage problems. This month, he met with about 100 of Bank of America's regional banking executives to talk about strategies for winning more business.
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Bank of America spokesman Lawrence Grayson declined to comment. The shareholders alleged they had been misled into buying shares of Charlotte, North Carolina- based Bank of America in 2009 and 2010..
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April 17- Bank of America Corp's revenue fell across almost all its businesses in the first quarter, and the bank was hit yet again by mortgage mess cleanup costs, showing the difficulties Chief Executive Brian Moynihan faces in moving past the housing crisis. Bank of America shares closed down 4.7 percent at $11.70 on Wednesday.
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April 17- Bank of America Corp revenue fell across almost all its businesses in the first quarter, and the bank was further hit by a legal settlement for mortgages, highlighting the difficulties Chief Executive Brian Moynihan faces in moving past the housing crisis.
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*EPS 20 cents vs Street view 22 cents. April 17- Bank of America Corp reported a lower-than-expected first-quarter profit and its revenue fell, sending the No. 2 U.S. bank's shares down 3 percent before the bell on Wednesday.
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*EPS 20 cents vs Street view 22 cents. April 17- Bank of America Corp reported a lower-than-expected first-quarter profit and its revenue fell, sending the No. 2 U.S. bank's shares down 3 percent before the bell on Wednesday.
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