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BBVA expected to win Guaranty auction: sources

Banco Bilbao Vizcaya Argentaria , Spain's second-largest bank, is expected to win a government-run auction of troubled Texas lender Guaranty Financial Group Inc , sources familiar with the situation said on Wednesday.

Michelle Obama's shorts cause a stir (Photo)

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First lady, Michelle Obama, is on the spotlight again for her fashion, this time however not many people not many people are in favor of the mid-thigh shorts she chose to wear on a family holiday to the Grand Canyon.
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The Red Rocks of Sedona, Arizona - USA

Driving south through the Navajo reservation on Highway U.S. 89, our anticipation heightens as the San Francisco Peaks come into view. While my wife and I have made this journey many times, we still marvel at the magnetic pull that draws us to northern Arizona each year.
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Unemployment spreads distress in U.S. home loans

Cities in the U.S. Sun Belt states of California, Florida, Nevada and Arizona dominated the record foreclosure spree in the first half of the year, but distress in other regions emerged as joblessness spread, RealtyTrac said on Thursday.
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Final bids due for NHL's bankrupt Phoenix Coyotes

Final bids are due by the end of Friday for the National Hockey League's Phoenix Coyotes in federal bankruptcy court in Arizona, even as the team disclosed it continued to lose money last season.
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Quadra says Q2 production lags; cuts FY output view

Canadian copper miner Quadra Mining Ltd said quarterly production at its Nevada-based Robinson mine and Arizona-based Carlota mine was below expectations, and cut its full-year production outlook for both mines.
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Summertime....Will the Home Buying be Easy?

It was a good kick-off for the summer season. The pending home sales index figure that was released earlier this month marked a third straight month of rising pending sales. That is certainly welcome and encouraging news.
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U.S. states seek to join feds in AIG bonus probe

U.S. states probing employee bonuses paid by American International Group Inc using taxpayer money plan to join federal investigators in the matter, while leaving open the possibility of pursuing the case themselves.
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Eleven states ask TARP chief for AIG bonus probe

Eleven U.S. states on Friday called for a deeper probe into the $165 million of bonuses that American International Group Inc awarded employees in a unit whose losses led to a federal bailout of the insurer.
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Income tax collections drop in states: report

Personal income taxes, a key revenue generator for most U.S. states, plummeted 26 percent, or $28.8 billion, in the first four months of 2009 compared to the same period in 2008, according to a Rockefeller Institute of Government report on Thursday.
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U.S. lawmakers seek more nuclear power in bill

U.S. lawmakers on Thursday sought to increase incentives for nuclear power and energy efficiency in a measure that would require utilities to generate a certain amount of electricity from renewable sources.
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8 Top Travel Experiences for Horse Lovers

It’s easy for avid equestrians to add some horseback riding into almost any trip - you can even ride horses in New York’s Central Park. But why not experience something more than a simple follow-the-leader trail ride? These trips each offer something more for horse lovers.
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About 12 percent of U.S. homeowners late paying or foreclosed

One of eight U.S. households with a mortgage ended the first quarter late on loan payments or in the foreclosure process in a crisis that will persist for at least another year until unemployment peaks, the Mortgage Bankers Association said on Thursday.

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