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Amid the worst recession in more than 50 years, the Clark County School District estimates it will need $5.1 billion (with a "b") to repair and modernize its school buildings over the next 10 years - work that was put off because there wasn't money to do it.

More than $3 billion is needed to fix dilapidated schools. Nine ...

MIAMI (Reuters) - Florida just isn't what it used to be for retirees.

Meet Patti Keagy, an American Baby Boomer, who is looking at other possible retirement destinations.

"My mother says her generation and other people that she knew made a mistake. They sold everything and they moved down to Florida," said Keagy, a resident of a Boston suburb.

"And ...

Shares in iconic Australian sportswear company Billabong International plunged by almost half Monday after it issued a profit downgrade blamed on the European debt crisis.

The surfwear and sports apparel maker, which owns its flagship brand Billabong and others including Von Zipper, Nixon and Tigerlily, forecast a decline in earnings for the first half of the current financial year.

It ...

German industrial output rose in October, data showed on Wednesday, but analysts said the eurozone's biggest economy may still not be able to avoid a contraction at the end of the year.

Industrial production in October rose by a bigger-than-expected 0.8 percent in October compared to the previous month, the economy ministry said in a statement.

"Following two ...

ROME (Reuters) - Mario Monti's government will unveil austerity measures totaling 20-25 billion euros over the next two years on Monday, government sources said, as Italy seeks to shore up public finances but also help growth to head off an acute debt crisis.

About 10-12 billion euros of the total will be used to cut the budget deficit, the sources ...

ALBANY, New York (Reuters) - New York state has lost more than 500,000 job opportunities and about $31 billion in potential earnings from 2008-2011 as the state continues to feel the economic repercussions left by the recession and slow recovery, according to a report released on Tuesday.

These opportunities consist of jobs that have been lost and jobs that would ...

With hundreds of people queuing in the cold to buy lottery tickets, Spaniards' favourite form of Christmas spending is thriving -- despite and because of economic hardship.

"Even though there's a crisis, you always hope that you'll get lucky," says Ester Rubio, 21, who is unemployed, queuing in the cold outside Madrid's best-known lottery ticket shop, Dona Manolita ...

Latvian bank Latvijas Krajbanka will likely be wound up, the government said Friday, after the Russian owner of its defunct Lithuanian parent Snoras was detained amid claims of fraud.

"The main consideration was whether Snoras bank as the main shareholder was prepared to support Krajbanka," Prime Minister Valdis Dombrovskis told reporters.

"Now we know this scenario has been ruled out ...

It was one of those comic-relief moments of the monthly Las Vegas Convention and Visitors Authority meeting.

Brenda Siddall, the LVCVA's vice president of finance, would face the board and its chairman, former Las Vegas Mayor Oscar Goodman, to talk about tax collections, financial forecasts and how tourism marketing was faring during the stormy days of the recession.

"Do ...

ATHENS (Reuters) - Greek conservatives set themselves on a collision course with the European Commission on Tuesday, saying they would not bow to "dictates from Brussels" over a bailout designed to save their country from bankruptcy and safeguard the euro.

Members of the New Democracy party, a key player in Prime Minister Lucas Papademos's new national unity government, refused the ...