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Filed under: economics, mortgage by Finance Boss
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Underwater operations have resumed aimed at readying the shipwrecked Costa Concordia for the removal of tons of oil from its tanks.
After days of stormy weather, seas off the Tuscan island of Giglio were calm enough Sunday to resume work.
But the Italian government office overseeing salvage and rescue operations said winds were increasing and that the […]
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The number of people seeking unemployment benefits ticked up slightly last week after two months of steady declines.
But the increase isn’t enough to reverse the downward trend. The four-week average of applications, a less volatile measure, fell to its lowest level since April. The decline in the average signals that companies are laying off fewer […]
The man in charge of boosting Missouri’s economy is stepping down.
David Kerr, director of the Missouri Department of Economic Development, will leave at the end of the year, Gov. Jay Nixon’s office said Tuesday.
Kerr, a longtime executive at AT&T in Missouri and Kansas before entering the public sector, said he was stepping down to spend […]
Filed under: economics, homeowners by Finance Boss
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Makers of the controversial chemical bisphenol-A have asked federal regulators to phase out rules that allow its use in baby bottles and sippy cups, saying those products haven’t contained the plastic-hardening ingredient for two years.
The unusual request from the American Chemistry Council may help quash years of negative publicity from consumer groups and head off […]
Filed under: economics, lenders by Finance Boss
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The dismal U.S. job market, which has intensified fears of another recession, may be even worse than the unemployment numbers suggest.
The shockwaves from the Labor Department report on Friday that employers stopped hiring in August have rippled around the world, sparking a steep retreat in Asian stock markets. The lack of hiring in the U.S. […]
Filed under: Small Business, economics by Finance Boss
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August began with rising fears that another recession was about to hit. That was then.
A month later, the economy and the stock market appear more resilient, suggesting that consumers, businesses and investors remain confident enough to keep spending.
A more authoritative test will come Friday, when the government issues the August jobs report. Employers are expected […]
Filed under: economics, management by Finance Boss
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This is fairy tale land and there’s even a pot of gold buried beneath it.
But not everyone’s happy.
With the precious metal at an all-time high, a Canadian company is eager to start blasting out mountains and demolishing parts of the ancient Romanian town of Rosia Montana to build an open-cast mine where 300 tons of […]