2012
SACRAMENTO, Calif. - Despite multiple attempts to balance California's budget, the state can still expect to confront shortfalls approaching $20 billion during each of the next five years, according to a long-range forecast released Wednesday.
SACRAMENTO, Calif. - California will face a nearly $21 billion budget gap over the next year and a half, extending a fiscal crisis that already has led to steep cuts to public schools, social services and health programs, a state analyst said Wednesday.
NEW YORK - The dollar mostly declined Wednesday, with the euro bumping up near $1.50 as a Federal Reserve official said in a speech that interest rates could possibly not rise until 2012 from their current record low near zero - if the Fed acts as it has before.
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- S&P, Fitch rate new Boeing notes investment-grade
- Computer security co. Fortinet plans IPO this week
- Comcast-NBC would unite rivals on Oly network
- India aims to attract 50 billion dollars FDI per year from 2012
- Arah Palin coy about 2012 run, but keeps door open
- BHEL’s new transformer unit in Bhopal inaugurated
- 40 percent Indian households still powerless: Greenpeace
- Steel Authority planning 12-mn tonne plant in Jharkhand
- Hyundai’s new chief, workers hope for cordial ties
- Can tropical forests save the world? (Comment-Countdown to Copenhagen)
