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Wholesale inventories fall while sales increase (AP)
Businesses trimmed inventories at the wholesale level again in January even though sales rose for a 10th consecutive month. The dip in inventories underscored that businesses remain cautious about restocking their depleted shelves.

Spike in Prius complaints may not be all it seems (AP)
Reports of sudden acceleration in the Toyota Prius have spiked across the country. But that doesn't mean there's an epidemic of bad gas pedals in the popular hybrid.

Big Miami-Dade hospital system nears insolvency (AP)
The city's major hospital network, which runs Miami's only round-the-clock trauma center and is a safety net for the poor and uninsured, is running out of money and could close, a predicament that illustrates the precarious financial state of many hospitals around the country.

Stocks rise after inventories fall and sales gain (AP)
Scant buying lifted stocks for a second day Wednesday after the government reported a drop in companies' inventories. The Dow Jones industrials rose only 3 points as the market remained in a lull that began on Monday.

Derivatives debate splits US and Europe regulators (AP)
To European officials, financial derivatives are dangerous weapons that worsened Greece's debt crisis and should be curbed.

Buffett's salary unchanged, but security costs up (AP)
Warren Buffett brought home less pay than Berkshire Hathaway's chief financial officer again last year, but the company is paying more to protect the billionaire these days.

Oil prices rise to settle above $82 (AP)
Oil settled above $82 on Wednesday after driving past $83 briefly following a government report that showed U.S. crude oil supplies didn't grow as much as analysts expected last week.

Budget deficit sets record in February (AP)
The government ran up the largest monthly deficit in history in February, keeping the flood of red ink on track to top last year's record for the full year.

Connecticut AG sues Moody's, S&P over debt ratings (AP)
Connecticut's attorney general sued Moody's Investors Service and Standard & Poor's over ratings the agencies issued on risky investments.

Unemployment rises in 30 states in January (AP)
Unemployment rose in 30 states in January, the Labor Department said Wednesday, evidence that jobs remain scarce in most regions of the country.

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You don’t need to be rich to have your own financial advisor as long as you have the desire to get started building wealth.  Thank you for visiting our web site. Thornton Investment Advisors (TIA) is a fee-only Registered Investment Advisory firm. Our clients are individuals, families, and small business owners. We are located in Marietta, Georgia but have clients in many other states and overseas.

Our goal is to develop long lasting and trusting relationships with all clients. Knowing our clients’ needs and desires and understanding their life goals are critical in developing the right financial strategies for them.

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This web site is a valuable resource for established and prospective clients. There is a wealth of educational materials and financial data available through the links we provide. Enjoy browsing the site for insights and additional information about our firm, its unique services, and how we can help achieve your full wealth potential.

 

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