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Job Cuts Loom as Stimulus Fades WASHINGTON—Highway-construction companies around the country, having completed the mostly small projects paid for by the federal economic-stimulus package, are starting to see their business run aground, an ominous sign for the nation’s weak employment picture. Tim Word, vice president of Dean Word Co., a heavy-construction company in New Braunfels, Texas, said his income is now coming mostly from projects that are winding up. He said that in normal times he has about 0 million of signed contracts in hand. But that number has fallen to million, and the pipeline is empty. In the past two years, his work force has shrunk nearly 40% to 260 from 420. online.wsj.com State tax collections in steep drop NEW YORK (CNNMoney.com) — State tax collections nationwide plummeted in the third quarter, and the forecast for the remainder of the year looks grim, a report released Monday shows. Tax revenue in 44 states fell by about 11% in the third quarter, compared to last year, according to the Nelson A. Rockefeller Institute of Government. money.cnn.com North Korea revalues currency, destroying personal savings TOKYO — Chaos reportedly erupted in North Korea on Tuesday after the government of Kim Jong Il revalued the country’s currency, sharply restricting the amount of old bills that could be traded for new and wiping out personal savings. The revaluation and exchange limits triggered panic and anger, particularly among market traders with … Video Rating: 4 / 5