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Copyright Board Leaves Royalty Rate Unchanged

Posted: 10/03/2008 - The federal Copyright Royalty Board has left the royalty that songwriters receive on sales of CDs and digital downloads at 9.1 cents per song for the next five years.

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Fannie Mae Backs Off On Fee Hike

Posted: 10/03/2008 - Mortgage finance company Fannie Mae, seized by the federal government last month, is canceling a fee hike for new mortgages.

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Unemployment Report Due Today

Posted: 10/03/2008 - The Labor Department is to release the monthly unemployment report today, and analysts expect that it will show another month of job losses.

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Crude Skids

Posted: 10/03/2008 - Oil prices fell under $94 a barrel today in Asia on economic concerns.

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Crucial House Vote Looms

Posted: 10/03/2008 - A make-or-break second vote today in the House on the 700 billion-dollar financial industry bailout that went down to defeat Monday.

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Stocks End Sharply Lower

Posted: 10/03/2008 - Economic worries and concern about the possible fate of the financial bailout package combined to send stock prices sharply lower in the latest session.

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Mays School Sponsor to Talk Independent Business, Local Economy

Posted: 10/02/2008 - Steve Bercu, 30-year president of BookPeople, an independent Austin bookstore, and founder and president of the Austin Independent Business Alliance, will speak in College Station October 2 on sustaining locally owned businesses in a competitive marketplace.

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Southwest Seetting Up Priority Security Lanes

Posted: 10/01/2008 - Southwest Airlines says it will set aside priority security lanes for business-fare customers and frequent fliers at seven airports beginning next month.

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Gov't Launches Mortgage Aid Program

Posted: 10/01/2008 - The government today is kicking off a program that aims to prevent foreclosures by letting an estimated 400,000 troubled homeowners swap their mortgages for more affordable loans.

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Ford's US Sales Drop 34.6 Percent In September

Posted: 10/01/2008 - Ford says its U.S. sales dropped 34.6 percent in September as tight credit, economic uncertainty and financial market turmoil continue to keep buyers away.

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Vote Looming In Senate Tonight

Posted: 10/01/2008 - Congressional leaders from both parties say they are hopeful the 700-billion-dollar financial industry bailout that was initially defeated in the House is back on track for quick passage.

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Busy Week For Reports

Posted: 09/29/2008 - This week brings the most-closely watched of the monthly economic reports, the jobs report.

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