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Hawaii's wholesale workers make 39.5 percent more a week than they did five years ago, according to data from the Bureau of Labor Statistics.
Those employees made an average of $749.84 per week in March, compared with $537.56 in March 2003.
There were 18,500 employees in the state working in the wholesale […]
Filed under: technology by Finance Boss
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Bank of England Governor Mervyn King will this week map out how much room policy makers see for interest-rate cuts as they struggle with faster inflation and signs the economy may be heading for a recession.
King will present the central bank's quarterly economic forecasts in its inflation report on May 14. The Office […]
Filed under: online by Finance Boss
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A Hawaii health insurer is suing the state Department of Human Services for awarding a $1.5 billion contract to two Mainland companies — a decision it says violates federal Medicaid law.
AlohaCare's lawsuit, filed in federal court late Thursday, seeks to overturn a Medicaid contract awarded to Tampa, Fl.-based WellCare Health Plans Inc. and […]
The Bush administration's tax rebates won't prevent the U.S. economy from stagnating in the second quarter as soaring food and fuel bills hurt consumers, a Bloomberg News survey showed.
“Consumers have gone into the bunkers,'' said Ken Goldstein, an economist at the Conference Board, the New York- based research group that tracks confidence. They […]
Filed under: economics, technology by Finance Boss
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The emotional side of Atlanta’s budget crisis was on display Tuesday night, as dozens of former city employees whose jobs have been eliminated since last week complained during a public hearing.
"What do I do now?"35-year city employee Eugene Wallace asked members of the city council. "I lose my house and everything else… […]
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A record 31,000 trekked to Omaha over the weekend to attend Berkshire Hathaway Inc.'s annual meeting and hear Warren Buffett's take on the financial crisis.
"The idea of financial panic — that has been pretty much taken care of," Buffett said, crediting the Federal Reserve's move to bail out Bear Stearns (NYSE: BSC) […]
Filed under: management by Finance Boss
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Arkansas tax revenues in April hit $697.2 million, up .9 percent compared to a year ago and 2.6 percent above forecast.
Individual income tax collections, which provide the bulk of revenue, were up 8.6 percent to $461.9 million, compared to a year ago.
Gross receipts, the second largest category, were down 14.8 […]
Filed under: economics by Finance Boss
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Despite delays and legal wrangling by a competitor, Westcor has prevailed in its attempt to secure a 112-acre parcel of state-owned land near Scottsdale Road and Loop 101 in North Scottsdale.
Westcor, the oldest and most prolific retail developer in Arizona, and its investment partners submitted the winning bid of $32 million for […]
Filed under: marketing by Finance Boss
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