Bust

A sturdier US economy can withstand budget cuts

By PAUL WISEMANAP Economics Writer WASHINGTON (AP) - As economic policy goes, experts say, the automatic spending cuts that kick in Friday are - to use a technical term - bone-headed. Fortunately, the self-inflicted wound isn't going to leave a deep scar on an economy that is otherwise looking

Rosa Parks statue set to be unveiled at Capitol

By SUZANNE GAMBOAAssociated Press WASHINGTON (AP) - Rosa Parks is famous for her 1955 refusal to give up her seat on a city bus in Alabama to a white man, but there's plenty about the rest of her experiences that she deliberately withheld from her family. While Parks and her husband, Raymond,

Economists predicting moderate growth in 2013

By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - Business economists expect 2013 will be another year of sub-par growth for the U.S. economy, reflecting uncertainty stemming from the budget battles in Washington and Europe's on-going debt problems. But they think the economy will

US home sales dip in Dec.; 2012 best in 5 years

By CHRISTOPHER S. RUGABERAP Economics Writer WASHINGTON (AP) - U.S. sales of previously occupied homes dipped in December from November, in part because of a limited supply of available homes. But for all of 2012, sales rose to their highest level in five years. The National Association of Realtors