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Kentucky County That Gave War On Poverty A Face Still Struggles

Wed, 01/08/2014 - 2:29am

In 1964, President Johnson traveled to Martin County, Ky., to try to sell his "war on poverty" to the American public. The initiative spawned dozens of government programs, including Medicaid and Head Start. Residents in Martin County say the programs helped — but what they really need is steady work.

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Lindsey Vonn Is Out, But Some Advertisers May Still Win

Tue, 01/07/2014 - 5:36pm

Alpine skier Lindsey Vonn's decision to withdraw from the 2014 Winter Olympics could mean big changes for companies that were planning to capitalize on her name — and potential wins. But some of Vonn's sponsors may find her announcement actually opens new advertising opportunities.

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Tech Fit For The Showroom, But The Runway Might Have To Wait

Tue, 01/07/2014 - 4:25pm

Wearable technology is often said to look dorky. "Stylish" and "fashionable" are not words anyone would associate with devices like Google Glass or smart watches. But companies are now working to embed technology into clothing so that it's unobtrusive or even attractive.

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JPMorgan Chase Settles Madoff Case For $1.7 Billion

Tue, 01/07/2014 - 1:18pm

JPMorgan Chase & Co. has agreed to pay $1.7 billion to settle criminal charges accusing the bank of ignoring obvious warning signs of Bernard Madoff's massive Ponzi scheme.

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8 Reasons Why The Rent Is Too Damn High

Tue, 01/07/2014 - 11:52am

Housing prices are squeezing middle- to low-income earners. This is due to a complex mix of factors, but there's one that stands out. In this commentary, Aboubacar Ndiaye walks through the main causes.

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Eight Reasons Why The Rent Is Too Damn High

Tue, 01/07/2014 - 11:52am

Housing prices are squeezing middle- to low-income earners. This is due to a complex mix of factors, but there's one that stands out. In this commentary, Aboubacar Ndiaye walks through the main causes.

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Smithfield Prods Its Pork Suppliers To Dump Pig Crates

Tue, 01/07/2014 - 10:57am

The world's largest hog and pork buyer wants its contract farmers to move pregnant sows out of constrictive crates and into group houses, generally considered more humane, by 2022. The move is significant because independent farmers supply about 40 percent of the company's sows.

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How To Successfully Link GED Tests And Jobs

Tue, 01/07/2014 - 10:39am

For hundreds of thousands of adult students, the General Educational Development test is a good way to finish their education. LaGuardia Community College in New York is going a step further, by tailoring prep courses for jobs in particular fields. Host Michel Martin speaks with Gail Mellow, the president of LaGuardia Community College to learn more.

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JPMorgan Chase To Pay $1.7 Billion To Madoff Victims

Tue, 01/07/2014 - 8:32am

The bank will be criminally charged with two violations of the Bank Secrecy Act, but will receive a deferred prosecution under the agreement.

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Senate Votes To Move Ahead On Extending Unemployment Benefits

Tue, 01/07/2014 - 7:13am

In a 60-37 vote, the measure passes a key procedural hurdle, moving a three-month extension of benefits to 1.3 million Americans closer to passage.

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Class Trumps Race When It Comes To Internet Access

Tue, 01/07/2014 - 3:29am

A new study finds that income and age play a larger role in access to high-speed Internet than race. Among lower-income African-Americans, smartphones are often a way to make up for not having a broadband connection at home. But using a mobile device as a primary means of accessing the Internet has drawbacks.

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Colo. Marijuana Merchants Forced To Deal Mostly In Cash

Tue, 01/07/2014 - 3:29am

Colorado's retailers may be allowed to sell marijuana but under federal law, the state's banks cannot knowingly do business with them. This has forced marijuana merchants in the state to operate almost solely in cash.

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Microsoft Reveals 'Epic' Xbox Sales

Tue, 01/07/2014 - 3:29am

Microsoft announced sales of its new Xbox One topped 3 million units by the end of 2013. In a blog post, the company called it "the most epic launch of Xbox by all measures." The third generation console was available a week before Thanksgiving.

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In 2012, Health Care Costs Grow More Slowly Than U.S. Economy

Tue, 01/07/2014 - 3:29am

Health care spending continued to rise in 2012, but it did so at a relatively low rate for the 4th year in a row. The report from the Centers for Medicare and Medicaid Spending said overall spending on health care increased 3.7 percent over the previous year.

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'Class Trumps Race' When It Comes To Internet Access

Tue, 01/07/2014 - 3:29am

A new study finds that income and age play a larger role in access to high speed Internet than race. But, among lower income African Americans, smart phones are often a way to make up for not having a broadband connection at home. But using a mobile device as a primary means of accessing the Internet has drawbacks.

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Senate Oks Yellen, To Take Up Jobless Benefits Tuesday

Tue, 01/07/2014 - 3:29am

The Senate on Monday voted to confirm Janet Yellen as the first woman to lead the Federal Reserve. But it delayed at the last minute taking a procedural vote on extending federal jobless benefits.

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In Gaming, A Shift From Enemies To Emotions

Tue, 01/07/2014 - 1:57am

Many of these "empathy games" focus on smaller, more personal stories about everyday people. Today's developers grew up with the medium, says one designer. For them, it's "natural to consider that you can have a game about anything."

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CES 2014: Toothbrush? Bed? Car? Put Some Internet On It

Mon, 01/06/2014 - 5:21pm

The Consumer Electronics Show is the tech industry's annual electronics showcase in Las Vegas, where companies are showing off their latest-and-greatest gadgets like Internet-connected toothbrushes (ideal for hygiene-concerned helicopter parents) and cars that come equipped with a 4G cell connection.

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Senate Confirms Janet Yellen As Federal Reserve Chair

Mon, 01/06/2014 - 5:01pm

Janet Yellen, 67, will become the first woman to serve as America's banking chief, heading an institution that was established in 1913.

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Tighter Access To 'Death Master File' Has Researchers Worried

Mon, 01/06/2014 - 4:37pm

The Social Security Administration has long kept track of deaths so it can stop checks when recipients die. And while researchers have used the file for years, fraudsters have, too. So Congress is limiting access to the data — and that has everyone from bankers to genealogists concerned.

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