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Study: Wealth gap widened in the last decade 08/22/2014 07:48am • NEW YORK (AP) -- A report from the Census Bureau is the latest evidence that the rich are getting richer while the poor get poorer.The study released Thursday divided the U.S. into five groups, from wealthiest to poorest. The median net worth of the richest households rose 11 percent between 2000 an Thai army ruler named prime minister 08/21/2014 06:16pm • TODD PITMAN Associated Press BANGKOK (AP) -- Three months after overthrowing an elected government, Thailand's junta leader is stepping out of his army uniform to take up the post of prime minister in a move critics say will prolong his rule and bolster the military's grip on power.Thailand's legisl Bank of America agrees to nearly $17B settlement 08/21/2014 03:00pm • PETE YOST Associated Press WASHINGTON (AP) -- The government has reached a $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis, the Justice Department announced Thursday.The deal calls for the bank, the second-l News Guide: Democrats top GOP campaign committees 08/21/2014 12:40pm • PHILIP ELLIOTT Associated Press WASHINGTON (AP) -- Party-controlled campaign committees and outside groups faced a Wednesday deadline to report how much money they raised and spent last month. Highlights:___SPENDING OUTPACES FUNDRAISINGAs Election Day grows closer, many groups are spending more quic Dortmund hopes to raise cash in stock issue 08/21/2014 11:10am • DORTMUND, Germany (AP) -- Borussia Dortmund is hoping to raise fresh capital with a stock issue expected to bring in 114.4 million euros ($151.72 million) in an effort to reduce debt and give the club more financial clout.Dortmund is the only listed Bundesliga soccer club. It nearly went bankrupt in DNC beats RNC in July fundraising 08/20/2014 08:40pm • PHILIP ELLIOTT Associated Press WASHINGTON (AP) -- The Democratic National Committee squeaked past its GOP rival in fundraising last month, but the Republican National Committee still has a bigger bank account, according to finance reports filed Wednesday.The DNC raised almost $9.3 million in July a Argentina defends plan to pay creditors outside US 08/20/2014 08:22pm • ALMUDENA CALATRAVA Associated Press BUENOS AIRES, Argentina (AP) -- Argentina will make its next round of scheduled debt payments, the economy minister said Wednesday as he defended a new plan to pay creditors locally and avoid the jurisdiction of a U.S. court that forced the country into default la Report: Firefighting costs eroding conservation 08/20/2014 07:46pm • KEVIN FREKING Associated Press WASHINGTON (AP) -- The Obama administration detailed on Wednesday the toll that the escalating cost of fighting forest fires has had on other projects as it pushes Congress to overhaul how it pays for the most severe blazes.In a new report, the Agriculture Department s Is a home equity line of credit a fit for you? 08/20/2014 07:10pm • ALEX VEIGA AP Business Writer Rising home values and low interest rates are a powerful combination for homeowners looking for more financial breathing room.The trend, fueled by the two-year housing recovery, has helped spur many borrowers to take out a home equity line of credit against the value of Zimbabwe economy takes another dive 08/20/2014 06:34pm • FARAI MUTSAKA Associated Press HARARE, Zimbabwe (AP) -- It is 4 a.m. and people are already lining up outside Zimbabwe's main passport office -- four hours ahead of opening time -- in hopes of securing a passport that will allow them to escape their country's dearth of opportunities and search for w Cowboys worth more than $3 billion, tops in NFL 08/20/2014 04:08pm • NEW YORK (AP) -- The Dallas Cowboys are the first U.S. sports franchise to top $3 billion in value.For the eighth straight year, the Cowboys are worth the most of all 32 NFL franchises, according to Forbes. They're valued at $3.2 billion; only Real Madrid at $3.4 billion is worth more among global f See where Washington ranks on Forbes' most valuable NFL franchises list 08/20/2014 02:50pm • Most any pro football fan can make a reasonable guess at the most valuable team in the National Football League. It's the Dallas Cowboys. Always the Dallas Cowboys. Eight years in a row atop Forbes' annual report on NFL team valuations. But what about the rest of the Top 10 and beyond? Forbes has so Dubai's Nakheel to pay $2.1 billion in debt early 08/20/2014 02:42pm • AYA BATRAWY Associated Press DUBAI, United Arab Emirates (AP) -- Dubai's developer Nakheel behind the famed man-made palm-shaped islands said Wednesday it is repaying 7.9 billion dirhams, or roughly $2.15 billion this month -- nearly four years before the last installment is due.The indebted state d Egypt says rolling blackouts to end in 4 months 08/20/2014 11:50am • MAGGIE MICHAEL Associated Press CAIRO (AP) -- Egyptian officials promised Wednesday to end rolling power blackouts that have plagued the country within four months, blaming the outages on a fuel shortage, hot weather and poor maintenance of power plants.Neighborhoods in Egypt sink into darkness for Defense: Ex-governor's wife took credit for loans Defense: Ex-governor's wife took credit for loans 08/19/2014 07:01pm • LARRY O'DELL Associated Press RICHMOND, Va. (AP) -- Former Gov. Bob McDonnell's wife sent text messages claiming exclusive credit for securing loans from a Virginia businessman whose largesse toward the couple is at the heart of their public corruption trial, according to evidence presented Tuesday.
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