general business
a shared story
submitted by Robby for team staff news 6 hours 30 minutes ago
Citing “extraordinary market conditions,” the big private equity firm said it was cutting about 100 jobs, or 10 percent of its work force.
comments (0) |
report problem
a shared story
submitted by Lisa 8 weeks 3 days 12 hours 19 minutes ago
Laura Meneses made the same fateful choice that thousands of local home buyers have made since 2004: She decided to spend most of her family's income on housing.
Over the last four years, the number of Santa Clara County homeowners who spend over half their income on...(more)
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 8 weeks 5 days 30 minutes ago
With the party already struggling to generate enthusiasm for its brand, Republican strategists fear that an outpouring of public anger generated by Congress's struggle to pass a rescue package for the financial industry may contribute to a disaster at the polls for the GOP in...(more)
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 11 weeks 2 hours 30 minutes ago
The Food and Drug Administration is expected on Thursday to announce proposals for regulating the meat and milk from genetically engineered animals.
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 4 weeks 4 days 30 minutes ago
For the past several months, I've had a hard time picking selections for the Color of Money Book Club. Many of the books stacked against the wall in my office were written before what I call the Great Millennium Meltdown. Although some forecast trouble ahead,...(more)
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 4 weeks 3 days 30 minutes ago
A number of financial experts now fear that the federal government's $143 billion attempt to rescue troubled insurance giant American International Group may not work, and some argue that company shareholders and taxpayers would have been better served by a bankruptcy filing. The Treasury Department...(more)
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 7 hours 30 minutes ago
The new rules are designed to stem conflicts of interest and provide more transparency for the credit-rating industry, widely faulted for its role in the subprime mortgage debacle.
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 7 hours 30 minutes ago
NEW YORK (AP) -- Treasury yields, some of the most sensitive barometers of investor sentiment, keep dropping to new record lows as a torrent of bad economic news continues. But as investors send yields down, they're also influencing the economy - driving interest rates so low...(more)
comments (0) |
report problem
a shared story
submitted by Adam 19 weeks 4 days 22 hours 22 minutes ago
California's jobless rate crept ahead Friday as experts saw weakness spreading into new areas of the economy.
For months, job losses were concentrated in the state's housing industry. But with June's increase of one-tenth of a percentage point to 6.9%, it was evident that a broader downturn...(more)
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 3 weeks 5 days 11 hours 30 minutes ago
Oil drops to just over $60 per barrel Oil prices neared $60 per barrel Thursday, their lowest point in about a year and a half, as a growing number of economic reports points to a long and painful recession. When the economy slows, the demand for...(more)
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 3 weeks 5 days 14 hours 30 minutes ago
The U.S. economy shed 240,000 jobs in October and the unemployment rate jumped sharply to 6.5 percent, a worse than expected showing that highlights one of the top issues President-elect Barack Obama faces when he meets with his economic advisers later today. Businesses have been...(more)
comments (0) |
report problem
a shared story
submitted by Robby for team staff news 9 weeks 1 day 20 hours 30 minutes ago
The U.S. government may have seized control of American International Group two weeks ago, but state insurance regulators and guaranty associations are still fielding calls from panicked holders of policies from the insurance giant. Officials are also stepping up efforts to prevent unscrupulous insurance agents...(more)
comments (0) |
report problem
