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Splurging on Mom is expected this year

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Americans are looking forward to splurging on their mothers with jewelry, electronics and special outings for Mother’s Day this year.

According to the National Retail Federation’s annual survey conducted by Prosper Insights and Analytics, U.S. consumers are expected to spend an average of $172.22, down slightly from last year’s record-high $172.63.

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Cat announces more job cuts, plant closures

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600px Caterpillar logoCaterpillar Inc. announced today it will close five facilities in the south and eliminate about 820 positions in the next year to 18 months.

The company also plans to demolish one of its large vacant buildings in Mossville to save on maintenance costs as it continues...

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Cat sales and profits down in first quarter; outlook lowered again

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600px Caterpillar logoCaterpillar Inc. said Friday its first quarter sales and profits were down from a year earlier but that the numbers posted were not unexpected.

The company still scored a profit for the quarter and its balance sheet remains strong, but the immediate outlook doesn't call for much improvement, the Caterpillar release said. That outlook...

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Report shows math and reading skills on decline among 12 graders

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graduates1Results from The Nation's Report Card: 2015 Mathematics and Reading at Grade 12 indicate...

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Area home sales up in first quarter

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Home sales were up in the first quarter when compared with a year earlier and prices continued to rise, as well, according to the Peoria Area Association of Realtors.

There were 954 homes sold, including single family houses and condominiums, during...

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No Kid Hungry reaches milestone

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Monday marked a significant achievement in the fight to end childhood hunger in America: After two years in the making, one million more kids are now eating school...

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Survey: Youth troubled with leaders of today

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As the presidential election hoists leadership to the forefront of national dialogue, a new survey asks America's youth to weigh in on the topic – finding that today's leaders are believed to...

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Healthcare costs chief concern among Americans

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healthcostsAmericans are most worried about healthcare costs affecting the U.S. economy over other financial hot topics such...

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Cat maintains dividend rate

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Caterpillar Inc. on Wednesday announced it will maintain the quarterly cash dividend of 77 cents per share of common stock, payable May 20, 2016, to stockholders of record at the close of business on April 25, 2016. That decision was made by the company’s board of directors.

"Caterpillar's balance sheet remains strong, and I'm pleased to announce we're maintaining...

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