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ECB's actions are no panacea for Europe's economy 06/06/2014 10:24am • PAUL WISEMAN AP Economics Writer WASHINGTON (AP) -- Central banks can't fix everything.The European Central Bank took bold steps Thursday to protect Europe's fragile economic recovery, cutting interest rates and offering to pump more money into the financial system.Economists generally praised the m Dana Beyer: Why You Should Vote For Me 06/06/2014 09:10am • We asked local candidates in contested primary elections to write a sub-750 word essay describing why residents should vote for them on June 24. Next we shift to the District 18 state Senate race, where Dana Beyer is running in the Democratic primary. Below is Beyer’s unedited response: I̵ Another month of solid hiring could fuel US growth 06/06/2014 08:24am • CHRISTOPHER S. RUGABER AP Economics Writer WASHINGTON (AP) -- Hiring has picked up in the past several months, and another strong job gain could boost hopes that the U.S. economy has rebounded after a grim start to the year.Economists forecast that employers added 220,000 jobs in May, accordin US household wealth hit high in first quarter 06/06/2014 07:30am • CHRISTOPHER S. RUGABER AP Economics Writer WASHINGTON (AP) -- Rising stock markets and home prices helped lift U.S. household wealth to a record in the first three months of the year.The Federal Reserve said Thursday that household net worth increased $1.5 trillion in the first quarter to $81.8 tril Brad Guzan patiently waits turn in US net 06/06/2014 04:34am • MARK LONG AP Sports Writer JACKSONVILLE, Fla. (AP) -- Brad Guzan has been in this position before.A few times, too.So sitting behind U.S. goalkeeper Tim Howard and waiting patiently for a chance to play is nothing new for the 29-year-old Illinois native. But that doesn't mean Guzan is content with h ECB enters uncharted territory with new stimulus 06/06/2014 03:28am • BY DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) -- The European Central Bank ventured into uncharted territory Thursday with a raft of unusual measures meant to revive the eurozone economy by getting credit flowing to companies and preventing a debilitating bout of deflation.The ECB was s Ohio official's idea: Bad teams get less tax money 06/05/2014 06:28pm • MARK GILLISPIE Associated Press CLEVELAND (AP) -- To downtrodden fans accustomed to heartbreak, it might seem an exercise in futility: A top county official and gubernatorial candidate has suggested divvying up maintenance money for Cleveland's three professional sports venues based on the teams' pe Average US 30-year mortgage rate up to 4.14 pct 06/05/2014 05:50pm • WASHINGTON (AP) -- Average U.S. rates on fixed mortgages rose slightly this week, reversing a five-week downward trend.Mortgage buyer Freddie Mac says the average rate for a 30-year loan edged up to 4.14 percent from 4.12 percent last week. The average for the 15-year mortgage climbed to 3.23 percen Aide close to star witness in ex-Va. gov. case 06/05/2014 03:40pm • ALAN SUDERMAN Associated Press RICHMOND, Va. (AP) -- Former Virginia first lady Maureen McDonnell's chief of staff kept hidden a close relationship she had with a company's CEO who is the star witness in the corruption case against McDonnell and her former governor husband, according to court docume Credit-easing steps by central banks, at a glance 06/05/2014 02:30pm • The Associated Press On Thursday, the European Central Bank reduced interest rates and took other unorthodox steps to try to boost ultra-low inflation and invigorate the economy of the 18-country eurozone.For the first time, the ECB will start charging banks for depositing money at the central bank Patrick Hope: Why You Should Vote for Me 06/05/2014 02:00pm • Last week, we asked the candidates for the Democratic nomination in the 8th District congressional race to write a sub-750 word essay describing why Arlington residents should vote for them in the June 10 primary. Here is Del. Patrick Hope’s unedited response: Arlington is my home. When my wif EU: 'serious concern' as Greece's tax czar quits 06/05/2014 01:40pm • NICHOLAS PAPHITIS ATHENS, Greece (AP) -- The European Commission expressed "serious concern" Thursday after Greece's powerful public revenues chief -- a position created in 2012 at the insistence of bailout creditors -- resigned citing "personal" reasons.The Finance Ministry said it had accepted th Bill Euille: Why You Should Vote for Me 06/05/2014 01:30pm • Last week, we asked the candidates for the Democratic nomination in the 8th District congressional race to write a sub-750 word essay describing why Arlington residents should vote for them in the June 10 primary. Here is Alexandria Mayor Bill Euille’s unedited response: Since I announced I wa A look at the ECB, eurozone monetary authority 06/05/2014 12:20pm • The Associated Press FRANKFURT, Germany (AP) -- The European Central Bank on Thursday loosened its monetary policy to bolster the 18-country eurozone's economic recovery.Here are some basic facts about the central bank.Q: Where did it come from?A: The ECB was created by the Treaty of Maastricht, th Prosecutor: HK tycoons funneled bribes to official 06/05/2014 07:51am • KELVIN CHAN AP Business Writer HONG KONG (AP) -- Two Hong Kong billionaire brothers accused of bribing a top official in the Chinese financial center funneled millions to him through middlemen to gain an edge for their property business, a prosecutor said Thursday.In his opening statement for the hi