Word: arizona
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Price movements can also vary from region to region. Be careful if you're leaving the city for a smaller home in Florida, Arizona or Nevada. Properties in those areas--condominiums especially--have been ground zero for real estate speculation over the past five years. Prices there may drop faster than the national average next year, says Zoltan Pozsar, an economist at Moody's Economy.com...
...help Republicans restore the principles they embraced in 1994, since he was one of the authors of the original Contract with America. Joe Barton, a Texas member who currently is chairman of the House Committee on Energy and Commerce, is also considering the top job. Meanwhile John Shadegg, the Arizona congressman who wants the No. 2 job, Minority Whip, is playing up his reform credentials, noting he was elected in the famous freshman class of 1994 that won back the House for Republicans...
...they had been fighting for Tuesday night: control of the House of Representatives in the next session of Congress, under the first female Speaker of the House, Nancy Pelosi. With results projected in most races, the Democrats were set to win key battles in Connecticut, Indiana, Ohio, Pennsylvania and Arizona, capitalizing on anger against the war in Iraq, Republican scandals and a broad anti-incumbent sentiment...
...victory was not total. In Kentucky and Virginia, both red state redoubts, incumbent Republicans held off tough challenges. But a large geographical shift of voter sentiment toward the Democrats in the Northeast and Ohio Valley was enough to push Democrats over the top . And two key wins in Arizona spelled trouble for the G.O.P. in the southwest and California...
...Opponents of minimum wage hikes in all six states have consistently argued that raising minimum wages burdens employers with higher labor costs, leading to job cuts. A September paper by David Macpherson of Florida State University advanced that claim, arguing that a wage hike in Arizona could cause 4,627 workers to lose their jobs. But the paper relies on assumptions that many economists consider outdated and inaccurate. Recent studies have shown little evidence of such job losses in states that have raised their minimum wage in recent years. A letter signed by 650 U.S. economists, including five past presidents...