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Quinn seeks income tax hike for schools (AP)

Posted on March 10th, 2010

Illinois Gov. Pat Quinn delivers his State of the Budget address to a joint session of the Illinois General Assembly on the House floor at the Illinois State Capitol in Springfield, Ill., Wednesday, March 10, 2010. (AP Photo/Seth Perlman)AP - Calling himself a realist, Gov. Pat Quinn on Wednesday scaled back his proposal to raise income taxes, shifting to a call for an increase of just one percentage point to be used solely for preventing deep cuts to education.


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Home loan demand nudges higher in latest week (Reuters)

Posted on March 10th, 2010

An arrow points down in the window of a branch of Northern Rock in London March 10, 2010. Nationalised mortgage lender Northern Rock's headline losses shrank in 2009, helped by rising net interest income and lower loan losses in the second half, though it said loan writedowns would stay high in 2010. REUTERS/Luke MacGregor (BRITAIN - Tags: BUSINESS) POLITICS)Reuters - U.S. mortgage applications nudged higher last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday.


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Nationalized UK bank Northern Rock back in profit (AP)

Posted on March 10th, 2010
AP - Nationalized mortgage lender Northern Rock said Wednesday that it returned to profit in the second half of 2009 as interest income rose and losses on loans fell.

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