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Editorial Results (free)

1. First Lady Announces One-Stop Job Site for Veterans -

WASHINGTON (AP) – Aiming to streamline employment resources for people leaving the military, the government is creating an integrated website that can help job-seekers create resumes, connect with employers and become part of a database of veterans and their spouses for companies to mine for skills and talents.

2. Blast of Winter Weather Can't Faze US Employers -

WASHINGTON (AP) – Brutal winter weather snarled traffic, canceled flights and cut power to homes and factories in February. Yet it didn't faze U.S. employers, who added 175,000 jobs, far more than the two previous months.

3. Some Employers See Perks of Hiring Older Workers -

Older people searching for jobs have long fought back stereotypes that they lack the speed, technology skills and dynamism of younger applicants. But as a wave of baby boomers seeks to stay on the job later in life, some employers are finding older workers are precisely what they need.

4. Better Economic Growth Likely to Follow Weak Second Quarter -

WASHINGTON (AP) – The economy is expected to have grown at a dismal pace in the April-June quarter, weighed down by large tax increases and steep government spending cuts.

But the second quarter should be the low point for the year, economists say. The fiscal drag is expected to fade. At the same time, steady hiring, more business spending and a solid recovery in housing should push growth higher in the second half of the year.

5. Retail Sales Weaken in Dec. But Cap Record Year -

WASHINGTON (AP) – America's retailers enjoyed a record 2011 and their first $400 billion sales months ever. But the final month of the year was a dud.

Sales eked out a 0.1 percent increase in December, to a seasonally adjusted $400.6 billion.

6. Retail Sales are Helping Economy Grow Consistently -

WASHINGTON (AP) – Economic growth is picking up in the final three months of the year, fueled by higher consumer spending, rising business stockpiles and modest increases in hiring.

The start of the holiday shopping season in November helped produce the sixth straight monthly increase in retail sales. Gift-buying Americans spent more on clothing and electronics, and sales of autos and furniture also rose.

7. In the US, Two Housing Markets and Two Directions -

In America, it's starting to feel as if there are two housing markets. One for the rich and one for everyone else.

Consider foreclosure-ravaged Detroit. In the historic Green Acres district, a haven for hipsters, a pristine, three-bedroom brick Tudor recently sold for $6,000 – about what a buyer would have paid during the Great Depression.

8. Inflation Squeezing Consumers in Weak Economy -

WASHINGTON (AP) – Consumers are spending more to fill their tanks, feed their families and pay the rent. At the same time, the number of people applying for unemployment benefits has reached the highest level in three months.

9. Few Jobs Added in May; Unemployment Up to 9.1 Pct -

WASHINGTON (AP) – U.S. employers in May added the fewest jobs in eight months, and the unemployment rate inched up to 9.1 percent. The weakening job market raised concerns about an economy hampered by high gas prices and the effects of natural disasters here and abroad.

10. Dec. Home Sales Down Nearly 17 Percent -

WASHINGTON (AP) – Sales of previously occupied U.S. homes saw their largest monthly drop in more than 40 years last month, sinking more dramatically than expected after lawmakers gave homebuyers additional time to use a tax credit.

11. Nat’l Jobless Rate Reaches 9.8 Percent -

WASHINGTON (AP) – The national unemployment rate rose to 9.8 percent in September, the highest since June 1983, as employers cut far more jobs than expected.

The report is evidence that the worst recession since the 1930s is still inflicting widespread pain and underscores one of the biggest threats to the nascent economic recovery: that consumers, worried about job losses and stagnant wages, will restrain spending. Consumer spending accounts for about 70 percent of the nation’s economy.

12. Mortgage Delinquencies Hit Record High in Q2 -

WASHINGTON (AP) - With the recession throwing thousands of people out of work daily, more than 13 percent of American homeowners with a mortgage have fallen behind on their payments or are in foreclosure.

13. Pending Home Sales Up in Sign of Life for Housing -

Tentative signs of life are appearing in the long-battered U.S. housing market.

Thanks to historically low mortgage rates and deeply discounted prices, homes in much of the country are now the most affordable in decades. First-time homebuyers are now able to take advantage of a new $8,000 tax credit that runs until Dec. 1.

14. US Foreclosure Filings Up 48 Percent in May -

WASHINGTON (AP) – The number of U.S. homeowners swept up in the housing crisis rose further last month, with foreclosure filings up nearly 50 percent compared with a year earlier, a foreclosure listing company said Friday.

15. Archived Article: Comm Focus - By STACEY WIEDOWER

Iris Orchestra blooms with opening of new series

By STACEY WIEDOWER

The Daily News

Germantown Performing Arts Centres executive director, Albert Pertalion, and music director, Michael Stern, pored over hundreds of idea...