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Main street business owners didn’t expect a stampede of bargain hunters on Black Friday, and they didn’t get it. But some shopkeepers in Red Bank, N.J. are hoping this holiday shopping season will be better than last year’s.
Rosa Davis was perhaps too optimistic. She opened her clothing and accessories boutique, Bella Mystique, two hours […]
Filed under: lenders, marketing by Finance Boss
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After two Christmas seasons of pushing socks, pajamas and other basics as gifts, retailers are betting that Americans are ready to give a little more this year.
The flashy sweater is replacing the basic winter coat, jewelry is starting to sparkle again, and the gift card for gasoline is being trumped by the gift card at […]
Filed under: business, marketing by Finance Boss
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City rejects Arcade plan â Otis Williams, deputy director of the St. Louis Development Corp., said Monday that a city selection committee voted Friday not to accept the $80 million proposal submitted last month by Global Facilities Development for the Arcade Building downtown. Global Facilities, of Encinitas, Calif., had proposed using most of the Arcade […]
Filed under: finance, management by Finance Boss
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DUBLIN â Ireland is asking for a multibillion-euro international bailout of its crisis-hit economy, a move the countryâs finance minister said Sunday would help shore up the struggling countryâs finances.
Irelandâs neighors hope a bailout by the European Union, the European Central Bank and International Monetary Fund will relieve pressure on other eurozone members facing mounting […]
Companies are pulling the plug on holiday parties, which are heading into their slowest season since at least the 1980s, according to a survey.
Only 79% of businesses will hold a holiday party in 2010, the worst turnout since Amrop Battalia Winston began conducting its annual survey 22 years ago. The rate is lower than […]
Consumer prices rose moderately in October but there was little sign of inflation as the cost of autos, clothing and hotels fell.
The Labor Department said Wednesday the Consumer Price Index rose by 0.2 percent last month, an increase from September’s 0.1 percent rise. Wall Street analysts had expected a slightly larger increase. It was the […]
Filed under: Small Business, homeowners by Finance Boss
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Republican lawmakers in the U.S. House and Senate said they want to compel the Federal Reserve to focus solely on controlling inflation, upending a congressional mandate that’s shaped monetary policy for more than 30 years.
U.S. Representative Mike Pence, chairman of the House Republican Conference, said he plans to introduce a bill today requiring the […]
Filed under: economics, lenders by Finance Boss
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Japan’s growth accelerated in the July-September quarter thanks to robust consumer spending, offering a rare piece of positive economic news that is likely to prove fleeting.
All signs indicate that the uptick is temporary, and momentum will almost certainly fade as slowing exports and a persistently strong yen take their toll on the world’s No. 3 […]
Filed under: management, uk by Finance Boss
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The economic recovery in the 16 countries that use the euro slowed in the third quarter of the year largely on the back of lower growth in Germany, Europe’s biggest economy, and an unexpected fall in output in the Netherlands, official figures showed Friday.
Eurostat, the EU’s statistics office, said that economic growth in the eurozone […]
European leaders sought to reassure Ireland’s panicky creditors Friday by promising that tougher new terms for future bailouts of indebted countries will not harm them. But nerves remained frayed as some expect the country to follow Greece in grasping for a financial lifeline sooner rather than later.
Speculation about a bailout for Ireland pushed the Dublin […]