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Economy / Top Articles
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biz.yahoo.com
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HARRISBURG, Pa. (AP) -- Even as the Legislature prepares to vote on a $28.2 billion budget that draws heavily on one-time dollars, Senate officials say a $1 billion deficit could pile up in the next 12 months and force additional cuts or tax increases.
T..
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biz.yahoo.com
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HALIFAX, Nova Scotia (AP) -- The Nova Scotia government confirmed Thursday it will invest $4.4 million to provide an economic lifeline to the struggling ferry service that links Yarmouth with two ports in Maine.
The Economic Development Department will g..
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DES MOINES, Iowa (AP) -- Iowa officials are asking the U.S. Department of Agriculture to release land set aside for environmental reasons to help farmers recover from record flooding.
Gov. Chet Culver and Iowa Agriculture Secretary Bill Northey made the..
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biz.yahoo.com
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JACKSON, Miss. (AP) -- Mississippi lawmakers have passed the final version of a bill that would let coastal utility companies take over private land more quickly to improve services.
Sen. Joey Fillingane, R-Sumrall, said the bill is designed to speed up..
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biz.yahoo.com
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NEW YORK (AP) -- Treasury bond prices were mixed Thursday after reports showed that the economy lost jobs for the sixth straight month and that the services sector contracted in June.
Reports from the Labor Department and the Institute for Supply Managem..
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biz.yahoo.com
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NEW YORK (AP) -- Shares of Jacobs Engineering Group Inc. advanced on Thursday after a Morgan Joseph analyst upgraded the stock to "Buy," saying the heavy construction and engineering firm is poised to benefit from more business in the lucrative oil and ga..
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JAKARTA, Indonesia (AP) -- The Indonesian Central Bank increased its key one-month interest rate 25 basis points to 8.75 percent Thursday to try to help control surging inflation ignited by recent government fuel hikes.
"Bank Indonesia will continue to i..
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biz.yahoo.com
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MOSCOW (AP) -- Russian billionaire Roman Abramovich resigned Thursday as governor of a remote Arctic region, a position he has held for almost eight years and long wanted to leave.
His formal resignation request was denied two years ago by former Preside..
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NEW YORK (AP) -- Soybeans rose to a record for a third day Thursday but later retreated on expectations that warm, dry weather in the Midwest will help crops bounce back after last month's floods.
Other commodities traded mixed, with crude oil briefly ri..
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biz.yahoo.com
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NEW YORK (AP) -- Oil prices briefly soared to a new high near $146 a barrel Thursday, extending the previous day's record-shattering rally before easing somewhat as the dollar gained ground against the euro.
Americans hitting the road for the July Fourth..
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NEW YORK (AP) -- Higher oil prices caused service businesses to shrink in June, as falling new orders and rising costs hit the nation's coffee shops, paper mills and corner stores.
The Institute for Supply Management said Thursday that the services secto..
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biz.yahoo.com
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MCLEAN, Va.--(BUSINESS WIRE)--Communications Resource, Inc. (CRI), a trusted provider of consulting and security services to federal customers for over fourteen years, was presented the USDA OIG’s Small Woman-Owned Business Contractor of the Year for 20..
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biz.yahoo.com
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DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/509ec4/bulgarian_automoti) has announced the addition of the "Bulgarian Automotive Market: Passenger Cars, Suppliers and Aftermarket 2007-2010" report to th..
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biz.yahoo.com
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Bond prices were mixed Thursday after the government's June payroll report came in largely as expected, allaying some fears about the health of the economy, but a survey showing weakness in the service sector tempered gains.
The benchmark 10-year note fe..
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biz.yahoo.com
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VIRGINIA BEACH, Va.--(BUSINESS WIRE)--Forced retirement, job cutbacks, and economic uncertainty all point to a safety net of a recession-proof franchise opportunity. Liberty Tax Service is experiencing a tremendous response to its franchise opportunity. â..
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biz.yahoo.com
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NEW YORK (Reuters) - An even gloomier scenario may be in store for an already ailing U.S. housing market if the overall economy slips into a recession, according to UBS Securities analysts.
Falling home prices, soaring foreclosures at a time of tighter..
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biz.yahoo.com
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Service sector business activity declined in June, according to a key survey released Thursday that showed continued economic weakness.
The Institute for Supply Management's (ISM) non-manufacturing index fell to a reading of 48.2 from 51.7 in May. Econom..
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biz.yahoo.com
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With the U.S. economy mired in a slump, Americans still believe saving the environment is more important than fixing the economy, according to a new poll released Thursday. But consumers are more closely divided on the issue than they have been in the pas..
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biz.yahoo.com
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FRANKFURT (Reuters) - The European Central Bank raised interest rates for the first time in more than a year on Thursday, in a widely expected quarter percentage-point move which took benchmark rates to 4.25 percent, the highest level since September 200..
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biz.yahoo.com
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LONDON (Reuters) - A global sell-off knocked world shares to a five-month low on Thursday as surging oil fanned concerns about inflation and slowing growth with investors looking ahead to a key U.S. jobs report.
The European Central Bank became the firs..
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