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Key legislators still lukewarm toward district consolidation (Northeast Mississippi Daily Journal)

JACKSON – Two key figures in deciding the fate of Gov. Haley Barbour’s proposal to consolidate school districts say they will consider the plan during the 2010 session, but give it little hope of passing.

Gold Drops for Second Day as Dubai Debt Concern Boosts Dollar (Bloomberg)

Nov. 27 (Bloomberg) — Gold declined for a second day, extending its retreat from an all-time high as a stronger dollar damped demand for the precious metal as an alternative asset.

Still deep in debt, but consumers are feeling a bit less stressed …

The Consumer Debt Stress Index, calculated by Ohio State’s Center for Human Resource Research, fell 10 percent last month, after hitting record highs during the summer. “Reports on the economy have become more encouraging, …

Rusal May Need to Sell Shares, Norilsk to Pay Debt, Troika Says (Bloomberg)

July 31 (Bloomberg) — United Co. Rusal, the aluminum maker that yesterday reached an accord on delaying repayments on $7.4 billion of loans, may still need to sell shares or its stake in OAO GMK Norilsk Nickel to service debt, Troika Dialog said.

British Airways costs, debt start to fall (Reuters via Yahoo! News)

British Airways has cut operating costs by around 6.6 percent since last October as it fights to slim down during the downturn, while its debt-pile also fell slightly to 2.3 billion pounds ($3.79 billion).

Ford Sells Debt in Its Biggest Offering Since August (Update1) (Bloomberg)

July 30 (Bloomberg) — Ford Motor Co. , the only major U.S. automaker to forgo federal aid, sold $1.75 billion of three-year notes in the company’s biggest debt offering in almost a year, according to data compiled by Bloomberg.

Jeff Madrick: The Inflation and Debt Hawks Are Back and Dangerous

The intellectual and political forces that kept the US from having a more complete economic recovery during the Great Depression have not disappeared. And they are jeopardizing our current recovery.

Calculated Risk: Another Hotel Defaults on Mortgage Debt

Red Roof Inn Inc. … defaulted on $332 million of mortgage debt … Red Roof confirmed the defaults Tuesday. All told, Red Roof’s properties carry at least $1 billion in debt, including mortgages, mezzanine loans and other notes. …