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The deal reached by Congress to raise the debt ceiling and cut more than $2 trillion in public spending should have only a minor impact on the economy for the next two years.
Almost all the cuts would be made in 2014 or beyond. The approach heeds a warning by Federal Reserve Chairman Ben Bernanke and […]
Filed under: economics, mortgage by Finance Boss
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Most casual gardeners can blast a hose on their parched, sun-stricken plants, then retreat inside to an air-cooled living room and a glass of iced tea payday advance lenders. But farmers
Filed under: economics, technology by Finance Boss
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Three years ago, fast-growing project management firm Greenferd Construction Inc. was struggling with an IT setup that had become a distraction, a drag on its ability to meet the information needs of staff in the field.
The Richmond Hill firm
European Central Bank President Jean-Claude Trichet indicated the bank still plans to raise interest rates next month, saying he doesn’t want to change his message on the need to contain inflation.
“I have nothing to add, nothing to withdraw,” Trichet told reporters today in Frankfurt when asked if policy makers are still in a posture […]
Filed under: economics, finance by Finance Boss
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The fiscal year is nearly half over, but lawmakers are still shooting spitballs across the aisle over a very small part of the budget instead of doing what they should have done six months ago — fund the government for the rest of the year.
The grudge match over what to cut is "dysfunctional," said […]
Filed under: Uncategorized, economics by Finance Boss
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Western Digital Corp. is trying to pull further away in its neck-and-neck race with Seagate Technology PLC to be the world’s biggest maker of hard drives.
Western Digital announced Monday that it’s paying $4.3 billion in cash and stock to acquire Hitachi Global Storage Technologies.
The deal is one of the largest in an industry that’s been […]
Filed under: business, economics by Finance Boss
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U.S. stocks were set to open higher Monday, as investors welcomed a spate of corporate mergers ahead of President Obama’s speech at the Chamber of Commerce.
Dow Jones industrial average (INDU), S&P 500 (SPX) and Nasdaq (COMP) futures were all higher ahead of the opening bell. Futures measure current index values against perceived future performance.
Stocks […]
Leading House lawmakers have introduced legislation abandon a centerpiece of former Gov. Sarah Palin’s administration: a state-sanctioned effort to advance a major natural gas pipeline.
The measure proposed Friday underscores the impatience and skepticism that many lawmakers have expressed with the current process and a belief the state is no closer than it was several years […]
Filed under: economics, marketing by Finance Boss
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