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Business Highlights

Source: My Fox Chicago , Dec 12 2012, 4:48pm CST

Fed sends clearer signal on keeping rates low The Federal Reserve sent its clearest signal to date Wednesday that it will keep interest rates super-low to support the U.S. economy even after the job market has improved. ...

Continue reading on: My Fox Chicago

 
 
Update
10

6 hours ago

Improving NC state budget picture; begin restoring damaging cuts

Source: The Asheville Citizen-Times  |   May 18 2013, 11:41pm CDT

The April report of the state controller provides exciting news about our state budget picture. Our state revenue picture has improved by hundreds of millions of dollars of more than the past year. Over the past 10 months, income and ...

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Update
9

10 hours ago

Yes, Britain IS on the move again - all because we didn't take the coward's way out: GEORGE OSBORNE's bullish assessment of 'healing' economy

Source: Daily Mail - UK  |   May 18 2013, 7:29pm CDT

Vision: George Osborne says the UK economy is on the right course Last month I met Sarah, an inspiring entrepreneur who seven years ago started a technology business with just two friends but who now employs 135 people. A few days later I ...

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Latest Business News

 
Update
8

14 hours ago

Markets’ upward movement a definite maybe for second half of 2013

Source: Nashua Telegraph  |   May 18 2013, 3:28pm CDT

As we approach the year’s midpoint, the equity markets remain on fire – but will economic conditions support further advances in the second half? The answer is a definite maybe, and you can take that to the bank. Consumer spending was surprisingly st ...

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Update
7

18 hours ago

Falling US deficit renews austerity or growth debate

Source: AlterNet.org  |   May 18 2013, 11:33am CDT

Austerity or growth? Europe's struggling economies have faced the question without fully answering it in recent years, but the United States is on track to do both. Austerity or growth? Europe's struggling economies have faced the question without ...

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Update
6

1 day ago

State budget picture brightens

Source: San Diego Union-Tribune  |   May 17 2013, 9:37pm CDT

SACRAMENTO Democratics who control the state legislature were already eager to spend more money than was proposed in Gov. Jerry Brown’s budget, which would grow by 5.5 percent. Then on Friday, the legislature’s number crunchers predicted that Calif ...

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Update
5

1 day ago

Fitch Rates New York City, NY's GOs 'AA'; Outlook Stable

Source: Street Insider  |   May 17 2013, 4:36pm CDT

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings assigns an 'AA' rating to the following New York City general obligation (GO) bonds: In addition, Fitch affirms its 'AA' rating on the city's $42 billion in outstanding GO bonds ...

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Update
4

1 day ago

Reasons Remain for Fed to Keep Easy-Money Policies Fueling Equities

Source: Confirm Them  |   May 17 2013, 4:05pm CDT

Plenty of compelling reasons exist for the Federal Open Market Committee to maintain its easy-money policies that have kept the stock market rising. Concerns that the policies aimed at keeping interest rates about as low as t ...

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Update
3

1 day ago

R.I. unemployment rate ranks sixth-highest in the country

Source: Providence Journal  |   May 17 2013, 9:21am CDT

Nevada has the highest rate in the country, at 9.6 percent. Rhode Island's rate in April was also the highest in New England. Here's how the other states in the region fared: Connecticut, 8.0 percent; Maine, 6.9 ...

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Update
2

1 day ago

Planned Tax Hike Trimmed To 3 Mills

Source: New Haven Independent  |   May 17 2013, 8:28am CDT

Please enter the word you see in the image below: The Finance Committee’s budget includes a property tax increase of 3.01 mills, down from the 4.43 mill increase the mayor proposed. That means someone with a ho ...

Continue reading on: New Haven Independent  More like this

 
Update
1

2 days ago

Senior living operators can choose happiness — which really annoys some economists

Source: McKnight's Long Term Care News  |   May 17 2013, 4:57am CDT

For more than half a century, the federal government has consistently been spending more than it takes in. Bill Clinton was in the Oval Office the last time a federal fiscal year passed without the benefit of red ink on th ...

Continue reading on: McKnight's Long Term Care News  More like this

 
 
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