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Economy

FACT CHECK: Obama's health care claims, rhetoric differ

Some things President Barack Obama said about health care reform during his Wednesday news conference differ with the facts, and what he's said before.

Obama to focus on health care at news conference

As the economy continues to lose jobs, Obama will hold a news conference pressing for continued progress in health care debates, in hopes of signing a reform bill before the end of the year.

AmerenUE offers incentives to businesses that save power

Offering rebates to customers that lower their electricity use during periods of peak usage could improve air quality and save AmerenUE money, officials said.

Recession has varied effects on baseball collectibles market

Dan Imler sells rare and vintage baseball memorabila for hundreds of thousands of dollars. Mike French sells baseball cards for a few dollars a pack. Both are feeling the effects of a down economy in different ways.

MFA Oil might cut transport division

The transport division, which employs 35 people and has been profitable for the past few years, will reach the end of its contract on August 31 and MFA Oil might not renew the contract.

New U.S. jobless claims fall to lowest level since January

While the unemployement rate continues to rise, the number of newly laid-off workers filing initial claims for unemployment insurance fell last week by 52,000.

Meltdown 101: Where are the renewable energy jobs?

With the growth of energy concerns in Washington — and the allocation of federal funds to alleviate them — job opportunities in the field are expected to open across the U.S.

U.S. jobless rate rises to 9.5 percent

The U.S. unemployment rate continued to climb in the month of June, reaching a 26-year high of 9.5 percent.  Economists are conflicted about how long it will be before that number starts to go down.

Midwest economy shows improvement, survey says

The Mid-America Business Conditions Index rose to its highest level since September of last year, indicating that the region's economy is improving, but despite the rise, job losses persist.

Summer looks like a washout for some retailers

Consumers' confidence in the economy, which had surged in April and May, is projected to be virtually unchanged for June when The Conference Board releases figures on Tuesday. And major retailers will release June sales results next week.

ANALYSIS: Nixon's spending, budget cuts are nearly balanced

When it comes to trimming the state's budget, critics of Gov. Jay Nixon's vetoes dispute not the spending that was cut, but the projects that were cut. Among the projects affected include the Ellis Fischel Cancer Center at MU.

Chrysler plant to reopen briefly

The north assembly plant in St. Louis county will be open for two weeks to fulfill remaining orders on the Dodge Ram pickup truck. It will then close for good on July 10.

Former state budget director paints bleak picture of Missouri's finances

Missouri's current deficit is nearly $1 billion. A significant drop in revenue combined with lack of significant spending cuts during the past fiscal year are largely to blame.

ANALYSIS: Climate bill may spur energy revolution

With the passing of a new energy bill by the House, the Senate will now decide whether the bill will be put into action. The bill includes tighter regulations on energy and pollution.

Columbia receives national recognition for entrepreneurial climate

BusinessWeek recently named Columbia the best small city in Missouri for business start-ups. The success is attributed partly to the large college-aged population.

Tough times mean tighter pants for stress eaters

Stress eating generally follows a lifelong pattern, and most people will stress eat from time to time, depending on how bad the stress is and how long it lasts.

Curators to governor: Patient care center important

UM System President Gary Forsee will deliver a message to the governor outlining the System's concerns about Nixon potentially vetoing a bill that contains much higher education funding, including money for Ellis Fischel Cancer Center.

Midwest a front-runner for $8 billion in railway construction funds

High-speed rail plans in the Midwest are considered front-runners to get $8 billion in stimulus money, with a possible future route upgrade from St.Louis to Kansas City. 

UPDATE: Chrysler to reopen St. Louis assembly plant

The automaker will restart operations at 7 plants on June 29 after they were shut down in May when the company entered Chapter 11 bankruptcy.

St. Louis' Gateway Arch to offer discounts this weekend

The National Park Service will offer $3 discounts on visits to the Arch and related destinations this weekend.

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